125 S Cedar Street, Traverse City, MI 49684
- $1,250,000
- 3
- BD
- 2
- BA
- 3,055
- SqFt
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- 80073474
- Days on Market
- 6
- Year Built
- 1900
- Bedrooms
- 3
- Bathrooms
- 1
- Half baths
- 1
- Acres
- 1.19
- Living Area
- 3,055
- Municipality
- Traverse City
- Region
- Traverse City
- Township
- Traverse City
- Subdivision
- Hannah Lay & Co 9th Add
Property Description
Rare 1.19-Acre Development Opportunity in Traverse City’s Slabtown Neighborhood A truly unique opportunity in one of Traverse City’s most walkable and sought-after neighborhoods. This parcel offers a combination of size, location, zoning and existing is exceptionally difficult to find in the city. The property includes an approximately 3,000-square-foot home, fully fenced with both street and alley access, plus a workshop with additional storage above and a separate 44' x 32' pole building featuring a 12' overhead door and a substantial concrete pad. R-2 zoning allows for up to four dwelling units, providing several potential development configurations, including two duplexes or a single-family home with a triplex, subject to city approvals and site requirements. With Kids Creek running along the northern property line, this property offers a private & quiet setting while remaining in the heart of downtown Traverse City. The existing home and outbuildings provide flexibility for a variety of other development strategies. Buyers should independently verify zoning, permitted uses, setbacks, floodplain status, and all development requirements with the City of Traverse City. The property is being sold in "As Is" condition. Signatory Seller, acting as Personal Representative of The Estate of Nancy Lynne Kellum, has no historical knowledge of the condition of the property.
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Additional Information
- Lot Dimensions
- 108 x 234 x irreg
- Interior Features
- Cathedral/Vaulted Ceiling, Walk-In Closet(s)
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Fireplace Features
- Gas, Wood Burning Stove
- Basement
- Yes
- Basement Description
- Block, MI Basement, Stone
- Sewer
- Community
- Foundation
- Michigan Basement
- Water
- Public
- Garage Spaces
- 3
- School District
- Traverse City Area Public Schools
Mortgage Calculator
Listing Courtesy of REO-TCRandolph-233022, Office Phone:
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.