125 S Cedar Street, Traverse City

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$995,000

202 N. First St.
Leland, MI    49654

(415 ) 254-1622
info@manitou-life.com

Listing is courtesy of REO-TCRandolph-233022
231-946-4040


MLS: #1950474
  • Bedrooms: 3
  • Bathrooms: 1.50
  • Style: None
  • Condo: No
  • Square Feet: 3,055
  • Acres: 1.19
  • School District: Traverse City Area Public Schools
  • Year Built: 1900
  • Township: Traverse City
  • County: Grand Traverse
  • Waterfront: Kids Creek
  • Water Access: Private
  • Frontage: 234 ft
  • Basement: Michigan Basement, Block, Stone
  • Garage: Concrete, Attached, Detached, Carport, Garage Door Opener, Alley Access, Paved, Concrete Floors, Pole Construction
  • Interior: Walk-In Closet(s), Breakfast Nook, Den/Study, Vaulted Ceiling(s), Cable TV, High Speed Internet
  • Exterior: Countryside View
  • Appliances: None
  • Out Buildings: Pole Building(s), Shed(s), Other, Workshop
  • Heating/Cooling Source: Forced Air, Natural Gas
  • Heating/Cooling Type: Central Air

Rare 1.19-Acre Development Opportunity in Traverse City’s Kids Creek 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 that 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. 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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