$995,000

118 Cass Street

Traverse City MI, 49684

Description

Fantastic downtown central business district opportunity - now offered at only $136/SF. If you've dreamed of living downtown, live/work space, air-bnb rentals, multi-family, office or retail space downtown, this building offers incredible opportunity. Historic Firehouse building in the heart of downtown on Cass Street between Front & State. The second floor has two suites: a loft style 2-bedroom apartment with high ceilings and an office space (which could be converted to residential). The first floor is ready for redevelopment and well suited to be office space, retail, restaurant, a commercial kitchen or split into multiple units for a combination of uses. Building has windows on 3 sides, a rare offering downtown. Building could be condominiumized if buyer desires a flip opportunity or only wants to use part of building. Building currently vacant for easy remodel. Zoning allows for short-term rentals.

Details

MLS#1876501
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1890
Days On Site33

Features

SQ Feet7,344
Story(s)1
ZoningResidential,Multi-Family,Office

Market Activity 49684

Loading Form
Loading Form
Area Information
StateMI
CountyGrand Traverse
CityTraverse City
Zip Code49684
AreaGrand Traverse
Listing VS Median (in 49684)
Price:
$995,000
low | high
Med:
$249,900
100% of Average
SqFt:
7,344
low | high
Med:
587
100% of Average
$ / SqFt:
$135
low | high
Med:
$426
100% of Average
On Site:
33
low | high
Med:
178
18.539325842697% of Average
Listing Updated: 08/02/2020
Stiebel 995000 LogoMLS Number: 1876501
Listing Provided By:
Stiebel 995000  of  Coldwell Banker Schmidt-522
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.