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Listed by Erika Nita • The Mitten Real Estate Group
$2,900,000
Est. payment /mo
8.5 BA
8,308 SqFt
New
918 W Front Street 917 Third Street 1-12 Traverse City, MI 49650
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UPDATED:
01/31/2025 03:43 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,308 sqft
Price per Sqft $349
Subdivision Mi
MLS Listing ID 1930439
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 40x190
Property Description
Traverse City, MI has been making headlines for years now and was recently rated by The Wall Street Journal as the ‘10 Best Places to Go in 2025'. This resort community is a highly sought after destination place thanks to the incredibly beautiful fresh waters of Lake Michigan, alongside the many inland lakes and year round enjoyment of the great outdoors. Slabtown Flats is a recently converted condominium association that consists of 2 buildings - each housing (1) 1400 sq. ft. penthouse suite, (4) 544 sq. ft. 1 bedroom condos and (1) 350+ sq. ft. efficiency studios. There is a total of 12 units along with 10 heated outdoor parking spaces and multiple storage rooms & utility rooms. The penthouses each boast a 700 sq. ft. private rooftop. City water and sewer. Location, location, location - these buildings are in the heart of it all. Traverse City is host to a plethora of year round events, including the nationally renowned Cherry Fest - a weeks long outdoor festival that hosts big name music artists, comedians and also the electrifying Blue Angels and/or Thunderbirds! On top of that we have many 5k and triathlon offerings, such as the highly acclaimed Ironman and can't fail to mention the Internationally recognized Great Lakes Equestrian Festival, which brings in prized horses and visitors from all over the world! Be sure to check out this worthwhile investment opportunity and consider keeping a slice of it for your own personal enjoyment!
Location
State MI
County Grand Traverse
Rooms
Basement Full, Poured Concrete, Finished Rooms, Entrance Inside, Egress Windows, Shared Storage
Interior
Interior Features Storage Space
Heating Forced Air, Central Air, Ductless A/C
Cooling Forced Air, Central Air, Ductless A/C
Exterior
Exterior Feature Bay View, Balcony
Roof Type Membrane
Road Frontage Public Maintained
Building
Water Municipal
Structure Type Vinyl Siding
Schools
School District Traverse City Area Public Schools
Others
Tax ID 28-51-625-001-00+
Ownership Corporate Owned