1 year on rocket

1054-1060 E Front St, Traverse City, MI, 49686

$2,850,000

1.24 Acres
Land
Schools Nearby

Location

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Property Highlights

WaterfrontNone
MLS #1904210
Lot Size1.24 Acres
StatusActive

About 1054-1060 E Front St

In Commercial Real Estate, it's all about location, location, location. There are only a few true marquee corners in a real estate market, and this is one of them. This 1.2 Acre property is located at the SW corner of E Front Street (US-31) and Garfield Road intersection. These two roads are both main feeder's that converge and funnel approx. 50,000 cars per day into Traverse City from the East and the South. Zoned C-3 Community Center District, this property has a multitude of allowable uses with a max building height of 45' and an 80% Impervious Surface maximum. Just a few minute walk or quick bike ride to West Grand Traverse Bay or Downtown Traverse City.

Property Details

Property Features

Listing Office:

  • Office Name: Three West, LLC
  • Listing Agent: Kevin Endres

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Development Property

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 1.24 Acres

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • East Middle School, Public District Grades 6-8
  • Tcaps Montessori School, Public District Grades PK-6
  • Eastern Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Southwest corner of the intersection of Garfield Ave and Front St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,850,000
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Housing Market Comparison

See how this home compares to others in Traverse City, MI.

Med. Sold Price

$366K

Med. Price/SqFt

$244

Avg. Days On Market

56

# of Sold Homes

66

1054-1060 E Front St vs Traverse City

607 DAYS ON ROCKET

+551 Days

$2,850,000

+$2.4M More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price in Traverse City, MI.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1904210

Listing Office:

  • Office Name: Three West, LLC
  • Listing Agent: Kevin Endres

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2024, 8:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$14.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,611

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2469527
6
/10
  • Tcaps Montessori School

  • 1009 S Oak St

  • 1.09 miles

  • Public District Grades PK-6

school-card-donut-2469528
8
/10
  • Eastern Elementary School

  • 1600 Eastern Ave

  • 1.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2469529
6
/10
  • East Middle School

  • 1776 3 Mile Rd N

  • 4.57 miles

  • Public District Grades 6-8

High School

school-card-donut-2469530
8
/10
  • Central High School

  • 1150 Milliken Dr

  • 1.19 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,652. The majority of Traverse City, MI residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1054-1060 E Front St

What is the listing price of this property?

The listing price of 1054-1060 E Front St property is $2,850,000.

What type of property is this?

The property 1054-1060 E Front St is land located in Traverse City, Michigan, 49686.

Is this property for sale now?

Active Listing: 1054-1060 E Front St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1054-1060 E Front St are:
Tcaps Montessori School: GreatSchools Rating 6/10
Eastern Elementary School: GreatSchools Rating 8/10
East Middle School: GreatSchools Rating 6/10
Central High School: GreatSchools Rating 8/10

How much acreage is this property?

The property 1054-1060 E Front St is 1.24 acres.
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Rocket HomesMichiganGrand Traverse CountyTraverse City496861054-1060 E Front St

This home is located at 1054-1060 E Front St in Traverse City, MI and zip code 49686. This home sits on a 1.24 acre lot. It has been listed on Rocket Homes since August 25, 2022 and is currently priced at $2,850,000.

Over 22 listings were sold over their listed price in March 2024 in Traverse City, MI. In the same period over 24 listings were sold below the listed price and 20 listings were sold for the listed price. Between February 2024 and March 2024, Traverse City, MI real estate market has seen increase in the number of listings by 12.5%. In March 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $366,000.

From Rocket Homes Real Estate and based on county public records data.

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