Traverse City, MI 49684,118 Cass Street

$1,150,000

$995,000

15.6%
Est.Price: ?

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Est. payment /mo

7,344 SqFt


SOLD DATE : 12/11/2020

Key Details

Sold Price $1,150,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 7,344 sqft

Price per Sqft $156

Subdivision Na

MLS Listing ID 78001328331

Sold Date 12/11/20

Originating Board Aspire North REALTORS®

Year Built 1890

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 34.6 x 112

Property Description

Fantastic downtown central business district opportunity - now offered at only $136/SF. If you've dreamed of living downtown, live/work space, air-bnb rentals, multi-family, office or retail space downtown, this building offers incredible opportunity. Historic Firehouse building in the heart of downtown on Cass Street between Front & State. The second floor has two suites: a loft style 2-bedroom apartment with high ceilings and an office space (which could be converted to residential). The first floor is ready for redevelopment and well suited to be office space, retail, restaurant, a commercial kitchen or split into multiple units for a combination of uses. Building has windows on 3 sides, a rare offering downtown. Building could be condominiumized if buyer desires a flip opportunity or only wants to use part of building. Building currently vacant for easy remodel. Zoning allows for short-term rentals.

Location

State MI

County Grand Traverse

Area Traverse City

Zoning Commercial,Multi-Family,Office,Residential

Interior

Heating Forced Air, Central Air

Heat Source Natural Gas

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Others

Tax ID 285179405300

Ownership Private Owned

Acceptable Financing Cash, Other, Trade/Exchange

Listing Terms Cash, Other, Trade/Exchange

Financing Cash,Other,Trade/Exchange

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by Daniel J Stiebel of Coldwell Banker Schmidt-522
Bought with Coldwell Banker Schmidt-402
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