Homes for sale - 115 Franklin Street, Traverse City, MI 49686

Traverse City, MI 49686,115 Franklin Street

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Stacy Allman

stacyallman@kw.com +1(231) 944-5296

Listed by BJ Brick • REMAX Bayshore - W Bay Shore Dr TC

$ 1,275,000

Est. payment | -/mo

3 Beds

2.75 Baths

2,704 SqFt

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$ 1,275,000

Est. payment | -/mo

Save

3 Beds

2.75 Baths

2,704 SqFt

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Contingency

Purchase Type For Sale

Square Footage 2,704 sqft

Price per Sqft $471

Subdivision Mi

MLS Listing ID 1918862

Style 2 Story,Victorian

Bedrooms 3

Full Baths 1

Half Baths 2

Three Quarter Bath 1

Year Built 1930

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions Irregular

Property Description

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!

Location

State MI

County Grand Traverse

Rooms

Basement Stone

Master Bedroom 13.10x 14.04

Bedroom 2 14.04x 13.02

Bedroom 3 12.10x 10.11

Bedroom 4 12.09x 10.11

Living Room 13.07x 16.02

Dining Room 11.10x 11.06

Kitchen 10.11x 9.04

Interior

Interior Features Bay Window(s), Foyer Entrance, Other, Island Kitchen, Formal Dining Room, Den/Study

Heating Hot Water, Central Air

Cooling Hot Water, Central Air

Exterior

Exterior Feature Bay View, Sidewalk, Other, Covered Porch

Roof Type Asphalt

Road Frontage Public Maintained, Blacktop

Building

Water Municipal

Structure Type Vinyl

Schools

School District Traverse City Area Public Schools

Others

Tax ID 51-634-107-00

Ownership Private Owner

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Stacy Allman

REALTOR® | Lic# 6506048872

stacyallman@kw.com

+1(231) 944-5296

830 E Front St, Traverse City, MI, 49686, USA

115 Franklin Street Traverse City, MI 49686

Stacy Allman

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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115 Franklin Street