$2,150,000 SALE
12,800 SF
425 Boardman Avenue Avenue
Traverse City, MI 49684 US

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 $7million 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).

Property Type Commercial-Other
Year Built 1920
Listing ID 9Q4SXK
MLS ID 1869542
Style Other Style
Building Size 12,800 SF
Lot Size 0.33 SF
Available Date Nov 12th, 2019
Area Description

Directions: On the corner of 8th Street and Boardman Ave in Traverse City.

Property Features
Roof: Rubber
Cooling: Central A/C, Zoned A/C
Water: Well
Garage Description: Curb Parking.
Heating - Fuel Type: Gas
Lot Size: Under 1/2 Acre
General: Elevator
Road Type: City / Town Street
Heating Type: Forced Air
Exterior Description: Concrete Block
Area Demographics