Mid-Michigan Investors: Take a look at this irreplaceable, blue-chip asset located in the vibrant epicenter of downtown Traverse City. Situated at 607 West Front St, this fully remodeled 4-plex sits in a prime C-2 Commercial Zone, which provides excellent relief from the tight short-term rental caps that limit typical residential properties in town. The historic 1895 Victorian was extensively renovated top-to-bottom in 2021 with full city approvals. Every space has been thoughtfully styled and furnished to maximize layout functionality. The building breakdown includes: -Unit 1: 1 Bed / 1 Bath -Unit 2: 2 Bed / 1 Bath -Unit 3: Upper 1 Bed / 1 Bath -Unit 4: 1 Bed / 1 Bath X-FACTOR LAYOUT: Two units feature built-in Murphy beds, and all units include full-size, pull-out sofas. You can open up the internal connecting doors to transform the entire building into one massive rental configured to sleep up to 24 people across 12 beds. It is an ideal setup for large vacation groups. COMMERCIAL POTENTIAL: The flexible C-2 zoning allows for a wide array of potential uses, including premium offices, boutique retail, or corporate housing. Under local zoning, there is potential for vertical expansion up to 45 feet, offering a strong opportunity to unlock upper-story bay views due to the property's elevated site layout. Buyers to verify all specific development plans with local planning departments.
Mid-Michigan Investors: Take a look at this irreplaceable, blue-chip asset located in the vibrant epicenter of downtown Traverse City. Situated at 607 West Front St, this fully remodeled 4-plex sits in a prime C-2 Commercial Zone, which provides excellent relief from the tight short-term rental caps that limit typical residential properties in town. The historic 1895 Victorian was extensively renovated top-to-bottom in 2021 with full city approvals. Every space has been thoughtfully styled and furnished to maximize layout functionality. The building breakdown includes: -Unit 1: 1 Bed / 1 Bath -Unit 2: 2 Bed / 1 Bath -Unit 3: Upper 1 Bed / 1 Bath -Unit 4: 1 Bed / 1 Bath X-FACTOR LAYOUT: Two units feature built-in Murphy beds, and all units include full-size, pull-out sofas. You can open up the internal connecting doors to transform the entire building into one massive rental configured to sleep up to 24 people across 12 beds. It is an ideal setup for large vacation groups. COMMERCIAL POTENTIAL: The flexible C-2 zoning allows for a wide array of potential uses, including premium offices, boutique retail, or corporate housing. Under local zoning, there is potential for vertical expansion up to 45 feet, offering a strong opportunity to unlock upper-story bay views due to the property's elevated site layout. Buyers to verify all specific development plans with local planning departments.
Just 8 minutes from downtown Traverse City, this exceptional 40-acre property offers endless potential. With 8 homes totaling over 16,000 square feet and 4 large barns, it’s ideal for a variety of ventures—think destination wedding venue, retreat center, boutique resort, private school, or family compound. Capacity to hold over 80 guests! The blend of open fields, wooded privacy, and close proximity to town creates a one-of-a-kind setting for residential, commercial, or creative redevelopment opportunities.
Updated 4-unit property on the east side of Traverse City near Timber Ridge. 1627 Rasho Rd features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with shared front/rear entry and common laundry. Major 2023/2024 improvements include new flooring, countertops, appliances, lighting, paint, HVAC units, 3 new water heaters, exterior paint, and a new roof in February 2024. Detached 5-stall garage, adjacent deck area, and large lawn bordering woods. Gross monthly income of $6,814 includes rent, pet rent, and trash fees.
Discover a rare opportunity with this spacious and beautifully updated duplex just 20 minutes from Traverse City and moments from Long Lake beaches and the public boat ramp. Each unit has been completely renovated and offers 3 bedrooms and 2 full baths, featuring vaulted ceilings, expansive windows that flood the interiors with natural light, and large open-concept kitchens with updated appliances, new flooring, and fresh paint throughout. Thoughtfully designed for comfort and functionality, both units include separate living rooms and family rooms, finished lower levels, in-unit laundry, and private decks—ideal for relaxing or entertaining. Major updates provide peace of mind, including a new tear-off roof in 2018, two high-efficiency gas forced air furnaces and central A/C units installed in 2022, newer windows and doors, updated vinyl siding, and a newer well pump. Each unit is serviced by its own septic system, regularly maintained every two years. Situated on a quiet, low-traffic street and originally built in 1993, this property offers versatility and value—perfect as an income-producing investment, an owner-occupied opportunity to offset living costs, or an ideal setup for multigenerational living.
Discover a rare opportunity with this spacious and beautifully updated duplex just 20 minutes from Traverse City and moments from Long Lake beaches and the public boat ramp. Each unit has been completely renovated and offers 3 bedrooms and 2 full baths, featuring vaulted ceilings, expansive windows that flood the interiors with natural light, and large open-concept kitchens with updated appliances, new flooring, and fresh paint throughout. Thoughtfully designed for comfort and functionality, both units include separate living rooms and family rooms, finished lower levels, in-unit laundry, and private decksâ€"ideal for relaxing or entertaining. Major updates provide peace of mind, including a new tear-off roof in 2018, two high-efficiency gas forced air furnaces and central A/C units installed in 2022, newer windows and doors, updated vinyl siding, and a newer well pump. Each unit is serviced by its own septic system, regularly maintained every two years. Situated on a quiet, low-traffic street and originally built in 1993, this property offers versatility and valueâ€"perfect as an income-producing investment, an owner-occupied opportunity to offset living costs, or an ideal setup for multigenerational living.



Traverse City is located in Michigan. Traverse City, Michigan has a population of 15,263. Traverse City is less family-centric than the surrounding county with 25.98% of the households containing married families with children. The county average for households married with children is 26.67%.
The median household income in Traverse City, Michigan is $64,033. The median household income for the surrounding county is $69,393 compared to the national median of $69,021. The median age of people living in Traverse City is 40.4 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 15.6 degrees. The average rainfall is approximately 32.6 inches per year, with 117.6 inches of snow per year.