About This Home

This 0-bedroom, 3-bathroom commercial at 801 W Front Street in Traverse City, MI is listed for $500,000 ($325 per sqft). the home offers 1,540 sqft of living space on a 0.04 acres lot.

Key Features

  • 0.04 acre lot
  • 4 parking spaces

Property Details

3 full
4 spaces
Listing Description

Income-producing mixed-use investment opportunity on W. Front Street in Traverse City. This fully occupied property features three rental units, including a street-level retail storefront and two residential apartments, providing immediate income with additional long-term value-add potential.

Current gross scheduled rental income is $39,600 annually. The retail space is currently leased month-to-month, while both residential units have longer-term leases in place. Located within Traverse City's C-2 Neighborhood Center District, the property offers flexibility for investors, owner-users, or purchasers interested in exploring future repositioning or redevelopment opportunities, subject to applicable municipal approvals.

Convenient West Front Street location provides excellent access to downtown Traverse City and the surrounding commercial corridor. Seller financing may be available to qualified purchasers with 20% down, subject to Seller approval and mutually acceptable terms. A unique opportunity to acquire an established mixed-use property offering current cash flow, financing flexibility, and future upside.

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

801 W Front Street

Traverse City, MI 49684

Features & Amenities

Exterior Features

AluminumBlock

Property Details

Construction

Frame

Parking

Parking Lot

Questions & Answers

This 0-bedroom, 3-bathroom commercial at 801 W Front Street is listed at $500,000 ($325/sqft). The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.04 acre lot, 4 parking spaces. Exterior Features: Aluminum, Block.

This property is listed by Deanna Hess.

DH

Deanna Hess

Agent at Real Estate One

Listed by Real Estate One · Broker phone: (248) 304-6700 · Broker website

MLS# 1949508· Source: Northern Great Lakes Realtors MLS· 72 days on PropertySimple

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

801 W Front Street, Traverse City, MI 49684

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