USAMITraverse City204 E Front St
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204 E Front St, Traverse City, MI

Real Estate

For Sale

Listed price in listed location currency (USD).
$949,000

000

MLS® 1941634

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 2000 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 
Avg. Price Per Sqft $474
MLS® Number 1941634

Property Address: 204 E Front St, Traverse City, MI, 49684-2526

Average square foot calculated using Size range provided by listing agent.

Description

Single-tenant retail condominium located directly on Front Street in the heart of downtown Traverse City. The property is fully leased on a new 5-year NNN lease to Serendipity, a strong retail operator with multiple locations in Northern Michigan. The ~2, 000 SF storefront features strong Front Street visibility with an efficient retail layout including an open sales floor, fitting rooms, rear storage, and a private restroom. The unit is positioned within one of downtown’s most active retail blocks and benefits from C-4B zoning, allowing for a wide range of permitted uses. This offering provides predictable, hands-off cash flow with a true triple-net lease structure and condominium ownership, making it well-suited for private investors and 1031 exchange buyers seeking durable downtown income. Currently priced at a 6.95% CAP.
MLS® Number1941634
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 13, 2026List Date
$949,000List Price
Oct 6, 2025End Date
$5,500Sold Price

Leased

Sep 5, 2025List Date
$6,167List Price
  • Commute

Commute

Starting Address
Destination Address
204 E Front St, Traverse City, MI

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