309 W Front Street
Traverse City, MI 49684
$2,990,000
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309 W. Front Street is an incredibly unique piece of property located at a major junction of downtown Traverse City. To the east is the central business district. To the west, the West End business district and its Gourmet Alley. A stone's throw over the river to the south is the historic Sixth Street residential neighborhood, and to the North, the trendy Warehouse District. Just beyond that, the Open Space, community beach volleyball courts and the iconic West Grand Traverse Bay - all within a short stroll. A new project was just announced on the neighboring parcel to the east, for a four story, 73,000 SF operational center for 4Front Credit Union. Between this 4Front building and the Boardman River, 309 W Front sits on 1.0 acres on the south side of Front Street. Customize your downtown TC project to this transformative piece of property, and take advantage of some sizable tax incentives as well. A project on this property has at least $1 million in available Brownfield/TIF and approximately $2.8 million in Michigan Business Tax (MBT) Credit. Contact your agent for additional details including building plans to fit the property, potential project financials, in-depth planning information, and more. Build to suit opportunities also available.

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Property Details
Status: Active
Listing Date 06/25/2019
County: Grand Traverse
Acreage: 1.0
Lot Dimensions: 286x209x135x260
School District: Traverse City
Lot Description: Cleared, Level
Zoning: Bldg & Use Restrictions, Commercial
Water: Municipal Water
Waterview: Y
Waterfront: Y
Waterfront Desc: Priv Frontage (Wtr Side), River Frontage, Water View
Waterfrontage: 260.0
Body of Water: Boardman River
 
Listing Office: Homewaters, Llc
Office Address: 697 Hannah Ave, Suite B
Listing Number: 1863355
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