Abigail Vannatter
This listing was posted on RealtyWW.
$1,825,000
Plot For Sale In Traverse City, Michigan
Price:
$1,825,000
Location:
531 W Front St, Traverse City, MI
Description:
This is a fantastic redevelopment opportunity directly on Front Street, where the value lies in the land. It comes with engineered plans for a cutting-edge project featuring twelve luxury condos, each about 1, 400 square feet. Three out of twelve units are eligible for STR. There's also 3, 000 square feet of flexible commercial space on the ground floor that could be used for retail or common space for condominium owners: gym, shared workspace, lounge, etc., and a huge rooftop lounge perfect for relaxing. We've crunched the numbers and see a potential sellout value of $15 million. You'll need to wrap up some additional engineering before breaking ground. Do your own due diligence to determine your comfort level with the project.For more details: https://realtyww.info/land-lots_traverse-city-d526227/for-sale_i70869659
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More About this Listing: Plot For Sale In Traverse City, Michigan
Plot For Sale In Traverse City, Michigan is a Land for Sale at 531 W Front St in Traverse City MI. Find other listings like Plot For Sale In Traverse City, Michigan and listings near 531 W Front St by searching Oodle Classifieds for Land for Sale in Traverse City MI.
Plot For Sale In Traverse City, Michigan is a Land for Sale at 531 W Front St in Traverse City MI. Find other listings like Plot For Sale In Traverse City, Michigan and listings near 531 W Front St by searching Oodle Classifieds for Land for Sale in Traverse City MI.