Traverse City, MI 49686,531 W Front Street
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Traverse City, MI 49686,531 W Front Street
Traverse City, MI 49686,531 W Front Street
Traverse City, MI 49686,531 W Front Street
Traverse City, MI 49686,531 W Front Street
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Excel Legacy Realty Team
$ 1,249,000
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Price Dropped by $126K

531 W Front Street Traverse City, MI 49686

1,176 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,176 sqft

Price per Sqft $1,062

Subdivision Mi

MLS Listing ID 80055007

Year Built 1963

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 50x163

Property Sub-Type Business

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

Area Traverse City (28021)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Parking Features Parking Lot

Building

Foundation Slab

Water Public Water

Structure Type Frame

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,Exchange/Trade


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by The Mitten Real Estate Group

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531 W Front Street