1028 Eighth Street

Price: $ 699,000.00
Square Ft.: 1858
Price/SQFT: $ 376.21

Large parcel in growing commercial corridor located in Traverse City. Neighborhood is a mix of local business and residential. Eighth Street to the west is being redeveloped making this location a prime opportunity for a mixed-use redevelopment. Building sits to one side of property, so building could be retained, and additional land could be developed with residential, retail, or office. Existing building is well set up for office use. it is currently used as bank, but bank will be vacating. In 2019, a new roof was installed with a 20 year transferable warranty and the parking lot and entrance were updated to comply with ADA.

Basic Features:

Listing # 1881032
City: Traverse City
State: MI
Zip: 49686
Area: Grand Traverse
Neighborhood:
Acres: 0.6
Square Ft: 1858

Additional Features:
Basement: Block Location: Freestanding
Business Included: No Lot:
Business Name: Fifth Third Bank Miscellaneous:
Construction: Brick,Block Documents:
Zoning: Multi-Family,Office,Retail,Commercial,Restaurant/Food Possession: Negotiable
Deeded Water: No Property Status: Active
Dimensions: 245x1010x100x5x144x114 Real Estate Included: Yes
Directions: One block west of Garfield on south side of Eighth Street. Remodeled: 2003
Days On Market: 101 Road Frontage: Public Maintained,Blacktop
Days On MLS: 101 Roofing: Membrane
ECO Features: No For Sale Or Lease: For Sale
Extras: None For Sale Or Rent: For Sale
Financing: Special Assessment:
Floor Type: Township: Traverse City
Heating/Cooling: Natural Gas Vacant: No
Heating/Cooling Type: Forced Air,Central Air Water:
Inventory Included: No Year Built: 1961
Licenses: None  

Listing courtesy of Coldwell Banker Schmidt-522
522 E Front St , Traverse City , MI 49686