$450,000
UNDER CONTRACT

Estimated payment $2,999/month

Total Views 8,941
3 Beds
1.5 Baths
1,808 Sq Ft
$249 Price per Sq Ft

Highlights

  • Solid Surface Countertops
  • Forced Air Heating and Cooling System
  • Kitchen Island
  • Central High School Rated A-
  • Entrance Foyer
  • 1-Story Property

About This Home

Prime Downtown Traverse City location! Explore this remarkable property offering endless possibilities for your entrepreneurial aspirations. Benefit from the coveted Grandfathered R1b zoning status, perfectly suited for establishing your downtown home, professional workspace, welcoming retail establishment, or a combination of these uses. Located in the heart of Traverse City, this property delivers superior visibility and convenient access, maximizing your business's exposure. The property's adaptable open concept layout creates the ideal foundation for developing personalized living quarters, office spaces, or an appealing retail environment. A standout feature is the property's distinctive work-live capability – complete with a fully functional kitchen, cozy bedrooms, and 1.5 updated bathrooms. You can transform it into a permanent residence or live on-premises while operating your business. Seize this unique chance to acquire a premium location for your business endeavor.

Listing Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 07/09/2025

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,562

Year Built

  • Built in 1906

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 49x67
  • Landscaped
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Hannah Lay & Co's 2Nd Add Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,562

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1906
  • Construction: Frame
  • Section Number: 5
  • Univs Design Barrier Free: Raised Toilet, Grab Bars
  • Special Features: UnderContract
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1906

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Exhaust Fan, Natural Gas Water Heater
  • Interior Amenities: Foyer Entrance, Solid Surface Counters, Island Kitchen, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 13x13, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x9, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 15x10, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 23x19, On Level: Main Floor, Flooring: Laminate
  • Estimated Above Ground Finished Sq Ft: 1508
  • Estimated Below Grade Finished Sq Ft: 300
  • Estimated Below Grade Unfinished Sq Ft: 500
  • Price Per Sq Ft: 248.89
  • Range: R 11W
  • Total Finished Sf Apx: 1808

Exterior Features

  • Exterior Features: Sidewalk, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Block, Finished Rooms, Plumbed for Bath
  • Number Of Acres: 0.07
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, DSL, WiFi
  • Water: Municipal

Association/Amenities

  • Development Name: HANNAH LAY & CO'S 2ND ADD

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Cleared, Level
  • Lot Dimensions: 49x67
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Commercial

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,562 $140,900 $0 $0
2024 $6,062 $135,600 $0 $0
2023 $5,687 $103,700 $0 $0
2022 $5,868 $114,100 $0 $0
2021 $5,727 $103,700 $0 $0
2020 $1,116 $75,400 $0 $0
2019 $1,106 $69,500 $0 $0
2018 $1,082 $65,300 $0 $0
2017 -- $59,900 $0 $0
2016 -- $59,000 $0 $0
2014 -- $75,900 $0 $0
2012 -- $56,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $450,000 -- $249 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $46,500 --
Source: Public Records

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1936116

Northern Great Lakes REALTORS® MLS

APN: 51-622-074-00