Kultura Group
Kultura Group's Team
Email: [email protected]

Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11Real estate listing preview #12Real estate listing preview #13Real estate listing preview #14Real estate listing preview #15Real estate listing preview #16Real estate listing preview #17Real estate listing preview #18Real estate listing preview #19Real estate listing preview #20
listing
1 of 20
For Sale
$4,900,000
109 E Front Street 116 & 117
Traverse City, MI 49684
Listing Provided Courtesy of Coldwell Banker Schmidt-522
MLS: Northern Great Lakes REALTORS MLS (NGLRMLS)
14,972Sq Ft
Est. Mortgage
$25,393/mo

Investment opportunity in the heart of downtown! 14,972 SF of ground floor space fully leased to long-term tenant, Boyne Country Sports. This offering is for 2 condominiumized units comprising the whole first floor of the historic Hannah Lay Building. The triple net lease has a 5.2% cap rate that will bump up to 6.1% in the renewal period. This highly sought after corner is sure to be a great value investment as lease rates are below market, leaving the investor with upside potential on this once in a lifetime investment.

Get in touch
Information courtesy of Coldwell Banker Schmidt-522 is subject to verification and is not guaranteed.
Community / School Information