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1010 E Front StreetTraverse City, MI 49686

GRAND TRAVERSE MOTEL · GrandTraverse County

$2,300,000List price
8,062Sq Ft
1955Year built
0.49Acre lot
8 months agoOn market

Description

The Grand Traverse Motel is a highly visible, well-located motel positioned on a corner lot on Front & Gilbert less than one mile east of downtown Traverse City. Originally built in 1955 and most recently renovated in 2018, the property features 18 total roomsâ€"17 guest rooms plus a dedicated manager’s suite. Its central location near public beach access and downtown Traverse City makes it an attractive opportunity as visitors to the area continue increasing. This 8,062 SF motel sits on approximately 0.49 acres with about 131 feet of frontage along busy Munson Avenue, offering exceptional exposure and easy parking. Do not to call the motel or speak to the employees.

Property Information

Property type
Business Opportunity
Sub-type
Business
Year built
1955
Building area
8,062 Sq Ft
Lot size
0.49 acres
Lot dimensions
131' x 165'
Days on market
251
MLS® Listing#
78080065230

Property Features

Cooling
Central Air
Heating
Forced Air · Natural Gas
Parking
Parking Lot
Construction
Frame · Wood Siding
Foundation
Slab
Roof
Asphalt
Utilities
Natural Gas Connected
Sewer
Public Sewer
Water source
Public

Financial Details

Assessed value
$539,406
Parcel number
285155801000
Michigan Regional Information Center logo

Listing Courtesy: Coldwell Banker Schmidt Traverse City - 2319222350

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