Active

116 W Front Street, Traverse City, MI 49684

$5,500,000

$380 per ft²

14,464 Sq Ft

0.79 Acres

Listing Office: REO-TCRandolph-233022

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Prime Downtown Traverse City Commercial Opportunity – Building + Dedicated Parking. Exceptional opportunity to acquire a core downtown commercial property paired with a dedicated off-site parking lot in the heart of Traverse City’s premier Front Street corridor. This offering includes the commercial building at 116 W. Front Street and the parking lot directly across the street at 119 W. Front Street, a rare and highly valuable combination in a dense, supply-constrained downtown market. Located on Traverse City’s most recognizable commercial street, the property benefits from outstanding visibility, heavy year-round foot traffic, and immediate proximity to dining, retail, entertainment, and West Grand Traverse Bay. Office building contains a dedicated boiler system for heated sidewalks along Front Street, further enhancing year-round accessibility, a significant advantage in Northern Michigan’s winter months.

Listing Agent: Julia Bloxsom-Phelps

License Number:

Offered by: REO-TCRandolph-233022

Office Phone: 231-946-4040

MLS: #1942138

Northern Great Lakes Realtors MLS

Date Added: 02/08/2026 09:08:04 pm

Last Update: 04/03/2026 08:43:18 am

Days on Market: 65

Interior

Basement: Full, Walk-Out Access, Finished, Bath/Stubbed, Exterior Entry
A/C: true, Central Air, Multi Units
Heating: true, Hot Water, Baseboard, Natural Gas
Disability Feature: Main Floor Access, Accessible Entrance, Covered Entrance, Accessible Full Bath, Accessible Elevator Installed
Eco/Green Feature: Not Applicable, Not Applicable

Exterior

Parking: Paved, Parking Lot, On Street

Construction

Roofing: Membrane
General: Brick, Block, Block

Location

Road/Access: Asphalt
HOA Amenities: Annually
Originating MLS: NGLRMLS API
County: Grand Traverse

Lot

Zoning: 116-LOTS 9 THRU 13 H.L. & CO'S 5TH SUB & THT PRT OF BLK 26 ORIG PLAT LYING N OF LOTS 9-10-11-12-13 & S OF BOARDMAN RIVER & BETWEEN E LINE OF LOT 9 & W LINE OF LOT 13 EXTENDED N (ONE PARCEL). 119-E 25 FT OF LOT 5 & W 38 FT OF LOT 6 BLOCK 2 ORIGINAL PLAT

Utilities

Water: Public
Sewer: Public Sewer

Financial

Source: NGLRMLS API
Ownership: Private Owner

Property

Year Built: 1941
Type: Other
Neighborhood: Downtown

03/31/2026$5,500,000@ 380 per ft²↓9.8360655737705%

02/08/2026Active

02/08/2026$6,100,000@ 422 per ft²Listed

Listing Broker

Robin Stressman

1 @ Praedium Realty

License #: 6502409992

Email: robin@mtpleasant.net

Phone: 989-773-4387

Location: Mt. Pleasant, MI

Robin Stressman has been assisting buyers and sellers in Central Michigan since 1982, building lasting relationships along the way. Known for her dedication and personalized approach, she stays up to date with industry developments to ensure her clients’ interests are always well represented. Over the years, Robin’s professionalism and expertise have earned her numerous prestigious accolades and designations in real estate.

Last Updated: 04/03/2026 08:43:18 am

Offered by: Julia Bloxsom-Phelps, , 616-308-2132 @ REO-TCRandolph-233022

MLS: #1942138

Source: Northern Great Lakes Realtors MLS

Copyright © 2026 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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116 W Front Street, Traverse City, MI 49684 is a 14,464 Sq Ft, 0.79 Acres, Other built in 1941.

This property is currently available and was listed by Northern Great Lakes Realtors MLS on 02/08/2026 09:08:04 pm. The MLS # for the property is MLS #1942138.