Price: $ 1,275,000.00
Square Ft.: 2704
Price/SQFT: $ 471.52

Prepare yourself to fall in love with this stunning property boasting fantastic West Bay views and a downtown location that can’t be beat! Even better, this property is zoned C-4, allowing for the most liberal of commercial zoning rules, making for one of the most unique investment opportunities in downtown Traverse City. The street level has most recently been utilized as a music school, though zoning regulations and the location allow for a multitude of use options, including restaurants, medical/legal offices, retail shops, AirBNB, and so much more. This historic 2-story Victorian home could also easily be converted back into a residential unit- the second floor is currently a 3 bed/2 bath AirBNB, projected to see immediate cash flow. The unfinished attic- space could also be finished to provide more rentable space for the existing AirBNB. Strolling downtown, you are greeted by a traditional covered porch spanning the full width of the home. Once inside, the lower level features original hardwood floors, a foyer entry, a large office, and several spacious rooms, many with solid oak pocket doors. There is also an expansive living room hosting a handsome corner fireplace. The upper/main level of the home offers numerous updates and features beautiful wood floors, and a spacious family room adjacent to the L-shaped kitchen and dining area. Beyond the main living areas is a designated laundry room, a full hallway bath, and 2 roomy guest bedrooms. Rounding out this level of the home is a spacious primary bedroom suite hosting a private bath with a standing shower. Just steps from the Bay and downtown TC, this property offers historic beauty and endless possibilities!

View Photos

Basic Features:

Listing # 1918883
City: Traverse City
State: MI
Zip: 49686
Area: Grand Traverse
Neighborhood:
Acres: 0.11
Square Ft: 2704

Additional Features:

Basement: Stone	Location: Corner Lot,Freestanding
Business Included: No	Lot:
Business Name: N/A	Miscellaneous:
Construction: Frame	Documents:
Zoning: Residential,Multi-Family,Office,Retail,Other,Commercial,Restaurant/Food,Special Use	Possession: Negotiable
Deeded Water: No	Property Status: Active
Dimensions: Irregular	Real Estate Included: Yes
Directions: Sits on the corner of Franklin Street and Railroad Ave.	Remodeled:
Days On Market: 108	Road Frontage: Public Maintained,Blacktop
Days On MLS: 108	Roofing: Asphalt
ECO Features: No	For Sale Or Lease: For Sale
Extras: Other	For Sale Or Rent: For Sale
Financing:	Special Assessment:
Floor Type:	Township: Traverse City
Heating/Cooling: Natural Gas	Vacant: No
Heating/Cooling Type: Hot Water,Central Air	Water:
Inventory Included: No	Year Built: 1930
Licenses: None

---

Listing courtesy of REMAX Bayshore - W Bay Shore Dr TC
12930 S West Bay Shore Dr , Traverse City , MI 49684