Homes for sale - 531 W Front Street, Traverse City, MI 49686

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Stacy Allman

stacy@mipropertiesnorth.com +1(231) 944-5296

Listed by Abigail Vannatter • The Mitten Real Estate Group

$ 1,249,000

Est. payment | -/mo

1,176 SqFt

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$ 1,249,000

Est. payment | -/mo

Save

1,176 SqFt

Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Active

Purchase Type For Sale

Square Footage 1,176 sqft

Price per Sqft $1,062

Subdivision Mi

MLS Listing ID 1931644

Year Built 1963

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 50x163

Property Sub-Type Hospitality

Property Description

Fully equipped restaurant located on the main strip in Traverse City, Michigan. Previously known is Little G's, this restaurant space seats 36 inside with a garage door leading out to a patio for an expansion of your dining room. Use the patio year round with bistro tables in the summer and heated igloos in the winter. All restaurant equipment included. Redevelopment opportunity: This parcel is approved to redevelop up to 12 units. Engineered plans available upon request. 25% of the future building may be eligible for use as short term rental. Ground floor approved for commercial use. Build residential or remodel the existing building to expand your company to a growing region. This sale does not include the food or liquor license.

Location

State MI

County Grand Traverse

Zoning Retail,Commercial,Restaurant/Food

Rooms

Basement Slab

Interior

Heating Forced Air

Cooling Forced Air

Exterior

Exterior Feature Block

Roof Type Membrane

Present Use Restaurant/Food Service

Road Frontage Public Maintained

Building

Sewer Municipal

Water Municipal Water

Others

Tax ID 28-51-654-017-00

Ownership Private Owner

Acceptable Financing Conventional Mortgage, Cash, 1031 Exchange

Listing Terms Conventional Mortgage, Cash, 1031 Exchange

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Stacy Allman

Broker/Owner | Lic# 6502433438

stacy@mipropertiesnorth.com

+1(231) 944-5296

108 E Main St Kinglsey MI 49649

531 W Front Street Traverse City, MI 49686

Stacy Allman

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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531 W Front Street