121 E Front St - Medical FOR SALE


Traverse City, MI 49684- Downtown Traverse City
$3,875,000 USD
231-620-2418
121 E Front St, Traverse City, MI for Sale
$3,875,000 USD
Medical - FOR SALE
1/30
null | Request Cap Rate

121 E Front St
Traverse City, MI 49684
Downtown Traverse City


HIGHLIGHTS

  • Situated in the heart of downtown Traverse City, offering easy access to shops, restaurants, and entertainment
  • Enjoy panoramic views of Front Street, the Boardman River, and West Grand Traverse Bay
  • Known as the Front Row Centre, this iconic building features a beautiful atrium with multi-story windows

OVERVIEW

Front Street downtown Traverse City, North side of street between Cass & Union 121 E Front Street, known as the Front Row Centre building, stands as a prominent landmark in the vibrant heart of downtown Traverse City, Michigan. This iconic structure, one of downtown's most substantial buildings, offers breathtaking panoramic views spanning Front Street, the serene Boardman River, and the picturesque West Grand Traverse Bay. The building's rich history began as a bustling movie theater before undergoing a thoughtful transformation into its current incarnation as a versatile mixed-use retail and office space. The impressive five-level structure encompasses four above-ground floors and a lower level, featuring a stunning atrium adorned with soaring multi-story windows that capture magnificent waterfront vistas and natural light. Currently, Front Row Centre houses a diverse community of 15 retail establishments and business offices, complemented by a fully equipped event space in the lower level. A spacious 1,650-sq/ft suite located on the fourth floor offers premium views and endless possibilities for customization. This architectural gem presents unlimited potential for creative redevelopment and innovative use of space in the heart of Traverse City's bustling downtown district. The property's strategic location, historical significance, and versatile layout make it an exceptional opportunity for investors seeking to shape the future of this thriving Michigan community.

FOR SALE DETAILS

PRICE

$3,875,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,205 SF

ZONING

C4 - Regional Center

APN/PARCEL ID

51-798-196-00

ASK ABOUT THIS PROPERTY

Mark HaganColdwell Banker Schmidt RealtorsMore Info
231-620-2418

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Mark HaganColdwell Banker Schmidt RealtorsMore Info
231-620-2418

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.