648 E Eighth St - Apartments FOR SALE


Traverse City, MI 49686- Downtown Traverse City
$395,000 USD
231-534-5225
648 E Eighth St, Traverse City, MI for Sale
$395,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

648 E Eighth St
Traverse City, MI 49686
Downtown Traverse City


HIGHLIGHTS

  • Investment /Development opportunity
  • D2 Zoning
  • 2 Rental Units

OVERVIEW

Prime investment / development opportunity on a highly desirable stretch of Traverse City's NoBo district. D2 zoning allows for a multitude of commercial and residential uses, including multifamily housing, inns, offices and storefronts. Walking distance to Boardman Lake access at Hull Park, the TART/Boardman Lake Loop, F&M Park, the Filling Station, and much, much more - this location is in the center of it all. The Two rental units provide a steady income stream while planning for your ideal development!

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$137 USD /SF

# OF UNITS

2

PRICE/UNIT

$197,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

648 E Eighth St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1896

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,317 SF

ZONING

D2 Development

APN/PARCEL ID

51-634-031-00

ASK ABOUT THIS PROPERTY

Kevin EndresThree West LLCMore Info
231-534-5225

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

Kevin EndresThree West LLCMore Info
231-534-5225

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