Traverse City, MI 49686,115 Franklin
Traverse City, MI 49686,115 Franklin
Traverse City, MI 49686,115 Franklin
Traverse City, MI 49686,115 Franklin
Traverse City, MI 49686,115 Franklin
Traverse City, MI 49686,115 Franklin
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$ 1,275,000
Est. payment | /mo

3 Beds

2 Baths

2,704 SqFt


Save
$ 1,275,000
Est. payment | /mo
Save

3 Beds

2 Baths

2,704 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,704 sqft

Price per Sqft $471

Municipality Traverse City

Subdivision Traverse City

MLS Listing ID 80014232

Bedrooms 3

Full Baths 2

Originating Board MiRealSource

Year Built 1930

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions Irregular

Property Description

Prepare yourself to fall in love with this stunning property boasting fantastic West Bay views and a downtown location that can’t be beat! Even better, this property is zoned C-4, allowing for the most liberal of commercial zoning rules, making for one of the most unique investment opportunities in downtown Traverse City. The street level has most recently been utilized as a music school, though zoning regulations and the location allow for a multitude of use options, including restaurants, medical/legal offices, retail shops, AirBNB, and so much more. This historic 2-story Victorian home could also easily be converted back into a residential unit- the second floor is currently a 3 bed/2 bath AirBNB, projected to see immediate cash flow. The unfinished attic-space could also be fini

Location

State MI

County Grand Traverse County

Interior

Heating Hot Water

Cooling Central Air

Window Features Bay/Bow

Appliance Dryer, Microwave, Oven, Range, Refrigerator, Washer

Laundry Upper Level

Exterior

Exterior Feature Porch(es)

View Y/N No

Garage No

Building

Lot Description Corner Lot, Sidewalk

Structure Type Vinyl Siding

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by REMAX Bayshore - W Bay Shore Dr TC
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828 Portage St, Kalamazoo, MI, 49001, United States

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115 Franklin