526 E Eighth Street
Traverse City, MI 49686
896 sqft | 0.18 acres | #78080013954
Description
Excellent income opportunity in downtown Traverse City. Located in the NoBo (North of Boardman River) neighborhood, this property is comprised of 3 units all with a solid rental history. Flexible D-2 zoning allows for C2 Commercial and additional uses including up to 20 unit lodging facility with 25% of the units as short-term rentals with township approval. Turn this back into a single family residence, live in one unit and rent the other two, or keep it as turn key investment. Many possibilities in an area that is exploding with tourism, growth, & gentrification. A 100% walkability score makes this a highly desirable location. West Grand Traverse Bay beaches, TART Recreation Trail, Boardman River & Lake, public library, shops & restaurants all in the neighborhood.
Property Details
- Days on Market (Cumulative)36
Location
Legal
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Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Mark D Hagan (#78000000448465), Email: info@markhagan.com
Listing Office: Coldwell Banker Schmidt Traverse City (#78000000061019)
Listing Courtesy (Buyer)
Buyer's Agent: Sally Roeser (#78000000453602)
Buyer's Office: Key Realty One-TC (#78000000062050)
