1054-1060 E Front St Traverse City, MI 49686
Oak Park NeighborhoodEstimated payment $17,469/month
Highlights
- 1.24 Acre Lot
- Corner Lot
- 2-minute walk to Traverse City State Park
- Central High School Rated A-
- High Speed Internet
About This Lot
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 Type
- Land
Est. Annual Taxes
- $40,205
Lot Details
- 1.24 Acre Lot
- Lot Dimensions are 330x165
- Corner Lot
- The community has rules related to zoning restrictions
Location
- Mineral Rights
Utilities
- High Speed Internet
- Phone Available
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $40,205 | $1,294,900 | $0 | $0 |
| 2024 | $37,142 | $1,323,600 | $0 | $0 |
| 2023 | $34,842 | $815,100 | $0 | $0 |
| 2022 | $35,954 | $1,060,900 | $0 | $0 |
| 2021 | $35,087 | $815,100 | $0 | $0 |
| 2020 | $34,705 | $784,300 | $0 | $0 |
| 2019 | $34,413 | $794,200 | $0 | $0 |
| 2018 | $33,673 | $792,400 | $0 | $0 |
| 2017 | -- | $790,900 | $0 | $0 |
| 2016 | -- | $782,500 | $0 | $0 |
| 2014 | -- | $622,800 | $0 | $0 |
| 2012 | -- | $771,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Price Changed | $2,650,000 | -7.0% | -- |
| 02/06/2024 02/06/24 | Price Changed | $2,850,000 | -9.5% | -- |
| 05/09/2023 05/09/23 | Price Changed | $3,150,000 | -8.7% | -- |
| 08/25/2022 08/25/22 | For Sale | $3,450,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,100,000 | -- |
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1904210
APN: 51-558-004-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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