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Home For Sale
115 Franklin Street
Traverse City, Michigan 49686
Grand Traverse CountyWaterfront:
YesCommunity:
$1,275,000
3 br, 3.0 bath
2704 sq. ft.
0.110 acres
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, , 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 , projected to see immediate cash flow. The unfinished attic-space could also be finished to provide more rentable space for the existing . Strolling downtown, you are greeted by a traditional covered porch spanning the full width of the home. Once inside, the lower level features original hardwood floors, a foyer entry, a large office, and several spacious rooms, many with solid oak pocket doors. There is also an expansive living room hosting a handsome corner fireplace. The upper/main level of the home offers numerous updates and features beautiful wood floors, and a spacious family room adjacent to the L-shaped kitchen and dining area. Beyond the main living areas is a designated laundry room, a full hallway bath, and 2 roomy guest bedrooms. Rounding out this level of the home is a spacious primary bedroom suite hosting a private bath with a standing shower. Just steps from the Bay and downtown TC, this property offers historic beauty and endless possibilities!
Interior:
- Bedrooms: 3
- Baths: 3.0
- Sq Ft: 2704
- Year Built: 1930
- Utilities:
- Fireplaces:
- Stories: 2
- Heat/AC: Hot Water
- Garage: None
Exterior:
- Lot Size: 0.110 acre
- Lot Dimensions:
- Waterfront: Yes
- View Types:
- Yard:
- Siding:
- Roof: Asphalt
- Property Taxes: $10,308
- MLS #: 1918862
Contact Information:
Call now 1-855-943-4259 |
Listing Agent: BJ Brick, Re/max Bayshore Properties, 231-883-7570, 231-941-4500
Listing Site, Listing Status: Active
Copyright © 2024 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 4544207
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Updated: Feb 15, 2024