115 Franklin Street Traverse City, MI 49686
Prepare yourself to fall in love with this stunning property boasting fantastic West Bay views and a downtown location that canââ¬â¢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, AirBNB, 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 AirBNB, projected to see immediate cash flow. The unfinished attic- space could also be finished to provide more rentable space for the existing AirBNB. 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!
- Property TypeCommercial
- NeighborhoodTraverse City
- CountyGrand Traverse
- Taxes$10,308
- HOA/Condo/Coop Fees$0
- Days on Site51 Days
- MLS StatusActive Under Contract
- MLS ID Number80014253
- Home Size Source N/A
- Year Built1930
- Lot Size0.11 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 115 Franklin Street Traverse City, MI 49686
4 days ago | |
2 months ago |
Don't miss a thing!
Get updates on new activity for this listing