607 W Front Street, TraverseCityCity_GrandTraverse, Michigan

$1,700,000

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4

Beds

4

Baths

2,245

Square feet

About 607 W Front Street

Mid-Michigan Investors: Take a look at this irreplaceable, blue-chip asset located in the vibrant epicenter of downtown Traverse City. Situated at 607 West Front St, this fully remodeled 4-plex sits in a prime C-2 Commercial Zone, which provides excellent relief from the tight short-term rental caps that limit typical residential properties in town. The historic 1895 Victorian was extensively renovated top-to-bottom in 2021 with full city approvals. Every space has been thoughtfully styled and furnished to maximize layout functionality. The building breakdown includes: -Unit 1: 1 Bed / 1 Bath -Unit 2: 2 Bed / 1 Bath -Unit 3: Upper 1 Bed / 1 Bath -Unit 4: 1 Bed / 1 Bath X-FACTOR LAYOUT: Two units feature built-in Murphy beds, and all units include full-size, pull-out sofas. You can open up the internal connecting doors to transform the entire building into one massive rental configured to sleep up to 24 people across 12 beds. It is an ideal setup for large vacation groups. COMMERCIAL POTENTIAL: The flexible C-2 zoning allows for a wide array of potential uses, including premium offices, boutique retail, or corporate housing. Under local zoning, there is potential for vertical expansion up to 45 feet, offering a strong opportunity to unlock upper-story bay views due to the property's elevated site layout. Buyers to verify all specific development plans with local planning departments.

Features of 607 W Front Street

MLS® # 61050208734
Price $1,700,000
Bedrooms 4
Bathrooms 4.00
Full Baths 4
Square Footage 2,245
Acres 0.00
Year Built 1895
Type ResidentialIncome
Sub-Type MultiFamily
Style Historic, Victorian
Status Active

Community Information

Address 607 W Front Street
Area Area28042TraverseCity
Subdivision HANNAH LAY & CO'S
City TraverseCityCity_GrandTraverse
County GrandTraverse
State Michigan

Amenities

Features PrivateEntrance
Parking Assigned2Spaces, Paved
Is Waterfront No
Has Pool Yes

Interior

Appliances Dishwasher, Dryer, Microwave, Oven, Refrigerator, Range, Washer
Heating NaturalGas, SeparateMeters, Steam
Cooling CeilingFans, WallWindowUnits
Fireplace Yes
Stories Two

Exterior

Construction VinylSiding
Foundation Basement, Slab

School Information

District TraverseCity
High TraverseCity

Additional Information

Zoning Commercial,Residential
Foreclosure Yes
Short Sale Yes
RE / Bank Owned Yes

Listing Details

OfficeCentury 21 Signature Realty

Listing Map

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