121 E Front St
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121 E Front St
23,983 SF 100% Leased Office Building Traverse City, MI 49684 $5,634,443 CAD ($235 CAD/SF)
Investment Highlights
- Excellent Downtown Location
- Views of Front St, Boardman River & West Grand Traverse Bay
- Prominent Building & Landmark Downtown
- Potential redevelopment into Multi-family or Boutique Hotel
Executive Summary
121 E Front Street, commonly known as the Front Row Centre building, is located in the heart of beautiful downtown Traverse City, MI. Front Row Centre is one of downtown's largest buildings with views of Front Street, the Boardman River and West Grand Traverse Bay. Historically the building was a movie theater and then remodeled into the current mixed use retail and office building. The building consists of 4 floors and a basement, a beautiful atrium with multi-story windows overlooking the water. The building currently produces a gross income of approx. $229,000 but the opportunities and potential for this large piece of Traverse City are endless.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
23,983 SF
Building Class
C
Year Built
1930
Price
$5,634,443 CAD
Price Per SF
$235 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
5,996 SF
Building FAR
2.62
Lot Size
0.21 AC
Zoning
C4 - Regional Center - Commercial
Amenities
- Atrium
- Skylights
- Natural Light
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Walk Score ®
Very Walkable (83)
Bike Score ®
Biker's Paradise (91)
PROPERTY TAXES
Parcel Number | 51-798-196-00 | Improvements Assessment | $0 CAD |
Land Assessment | $0 CAD | Total Assessment | $2,608,514 CAD |
PROPERTY TAXES
Parcel Number
51-798-196-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,608,514 CAD
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121 E Front St
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