723 Lake Avenue
Traverse City, Michigan 49684
0
Bed
0
Bath
0.50Acre(Lot)
Exceptional value is evident with these three properties; they are contiguous and collectively provide an excellent investment opportunity. These properties have been used for commercial use as well as professional office and warehouses over the past several decades. 3 individual and contiguous properties all affordably priced offering several options depending on your usage. You could use these properties for your own offices, or you could use them as investment property and rent each unit individually, you could also use or rent out the 4,800 sq. ft. of storage in the large 60X80 building. Another thought is considering the need for housing in and near downtown Traverse City and zoning being R-3, this location and these properties highest and best use may very well be an excellent locati
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Heating: No Heat
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Building Information
Year Built: 1970 Total Units: 1 Foundation/Basement: Slab
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Lot Information
Lot Size: 0.50 Lot Dimensions: 122X177 -
Property Information
Subdivision: None Financing: Cash
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Listing Price Information
Original List Price: $595,000 -
Listing Information
Possession: Negotiable Legal Description: LOT 9 AND THE S 59,9 FT OF THE W 178.91 FT OF LOT 8, HANNAH LAY & CO'S 2ND ADD. LSO THE NE 1/4 OF SEC 10, T27N, R11W, DESCRIBED AS FOLLOWS: BEG AT THE SE COR OF LOT 9, BLK 19, TH S 89?57'00" E, 10 FT ALONG THE S LINE OF LOT 9 EXTENDED; TH N 00?03'00" W, 5
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Tax Information
Parcel Number: 5162214010Possession
NegotiableLegal Information
Legal Description: Section: LOT 9 AND THE S 59,9 FT OF THE W 178.91 FT OF LOT 8, HANNAH LAY & CO'S 2ND ADD. LSO THE NE 1/4 OF SEC 10, T27N, R11W, DESCRIBED AS FOLLOWS: BEG AT THE SE COR OF LOT 9, BLK 19, TH S 89?57'00" E, 10 FT ALONG THE S LINE OF LOT 9 EXTENDED; TH N 00?03'00" W, 5
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School Information
School District: Traverse City
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 811 Lake Avenue , Traverse City, MI, 49684 | $395,000 | -- | -- | -- | |
| 807 Lake Avenue , Traverse City, MI, 49684 | $495,000 | -- | -- | -- | |
| 607 W Front Street , Traverse City, MI, 49684 | $1,700,000 | -- | 4 | 2,245 | 2,245 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 08/16/2026 @ 17:03
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