|Price/Rent PSF||$ 3,750,000.00|
North side of Front St between Pine and Union St.
This is one of the largest development sites remaining in downtown Traverse City, one of the countries most beautiful places. Develop your project up to 60' in height to take advantage of some of the best views of West Grand Traverse Bay that Traverse City has to offer. This property is located across the street of the parcel that will be home to the West End Parking Deck set to break ground in 2020. Developers can take advantage of a list of brownfield incentives as well as an incentive up to $250,000, to be negotiated with the seller, for incorporating underground parking into the project.
The property also boasts nearly 300' of frontage on the Boardman River which would allow for a nice boardwalk development river side for cafes, restaurants and other boutique retail. The west property boundary is home to the new pedestrian bridge across the river connecting this piece to the newly re-developed warehouse district, home to shopping, a brewery, restaurants and coffee house.