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    425 Boardman Avenue

    Traverse City, MI 49684
    • $2,300,000
    • STATUS: Active
    • ON SITE: 344 days
    • MLS #: 1869542
    UPDATED: 81 min ago
    $2,300,000
    • 0
      BEDS
    • 0.33
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 12,800
      SQFT
    • $180
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:

    School Ratings & Info

    Description

    One of downtown Traverse City's most unique and chic mixed-use real estate opportunities! The Box, as it is aptly named (the building was once a cigar box factory) is located on the up-and-coming 8th Street corridor, which the city just completely revamped with $7M worth of improvements. Currently, the main floor of The Box is used as a luxury residence (which owners rent on short term basis for part of the year), with businesses leasing the lower level (a boutique wellness/fitness company) and the upper level (a work-sharing space for non-profits). There's also a fabulous studio condo above the two car garage, currently used as a short term rental. In between the main building and the detached garage is a beautifully landscaped courtyard with fire-pit and lounge seating. Opportunities abound here... easy to modify the space for new owners with different uses. Keep the main floor as your main residence and enjoy the income from leasing the upper/lower levels and studio condo.. convert the main floor to commercial space (would make a great event space that would likely demand top dollar for corporate events/weddings).

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    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-10-22T17:52:01.5.
    www.c21northland.com/homes/100837882
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    425 Boardman Avenue Traverse City, MI 49684

    • Price: $2,300,000
    • Status: Active
    • Updated: 81 min ago
    • MLS #: 1869542
    0
    Beds
    6
    Baths
    0
    ½ Baths
    0.33
    Acres
    12,800
    SQFT
    $180
    $/SQFT
    1920
    Built
    Neighborhood:
    The Box
    County:
    Grand Traverse
    Area:
    Grand Traverse
    Property Description
    One of downtown Traverse City's most unique and chic mixed-use real estate opportunities! The Box, as it is aptly named (the building was once a cigar box factory) is located on the up-and-coming 8th Street corridor, which the city just completely revamped with $7M worth of improvements. Currently, the main floor of The Box is used as a luxury residence (which owners rent on short term basis for part of the year), with businesses leasing the lower level (a boutique wellness/fitness company) and the upper level (a work-sharing space for non-profits). There's also a fabulous studio condo above the two car garage, currently used as a short term rental. In between the main building and the detached garage is a beautifully landscaped courtyard with fire-pit and lounge seating. Opportunities abound here... easy to modify the space for new owners with different uses. Keep the main floor as your main residence and enjoy the income from leasing the upper/lower levels and studio condo.. convert the main floor to commercial space (would make a great event space that would likely demand top dollar for corporate events/weddings).
    Exterior Features

    Construction BlockOtherSteel Exterior Features Block Foundation BlockDaylight WindowsEntrance InsideFinished RoomsFullFull FinishedPlumbed For BathPoured Concrete Lot Dimensions 66X165 Parking OtherParking LotStreet Parking Parking Spaces 10 Road Public Maintained Roof Membrane

    Interior Features

    Heating Cooling Type Central AirForced AirZoned/Dual

    Property Features

    Business Incl No Business Name Na Deeded Waterfront No Documents On File Legal Description Eco Features No Energy Efficient Not Applicable Extras Elevator Heating Cooling Source Natural Gas Included In Lease None Inventory Incl No Licenses Other Listing Agreement Type Exclusive Right To Sell Location Corner Lot Possession NegotiableOther Present Use Office BuildingOther Renewable Not Applicable Sale Or Lease For Sale Sale Rent For Sale Section Number 3 Sewer Municipal Terms CashConventional MortgageOther Township Traverse City Type Mixed Use Type Of Ownership Private Owner Univs Design Barrier Free Elevator Vacant Land No Water Municipal Water Water Conservation Not Applicable Zoning CommercialResidential



    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-10-22T17:52:01.5.
     
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    CENTURY 21 Northland
    241 E State Street
    Traverse City MI, 49684