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102 W Front Street - This iconic Traverse City landmark stands 100' tall and has been photographed from every direction in advertisements for downtown Traverse City. It was built by lumber baron Perry Hannah, the “father” of Traverse City, and was designed by his son, Julius. The building’s hallmark is the clock tower which has four clock faces that are five feet in diameter each. Fifth Third Bank will remain on two floors of the building leasing back the space from the future new owner and the remaining two floors will be available for other tenants or a new owner to occupy. The building has four floors, a mezzanine and a full basement. The site is 0.6 acres and has 36 parking spaces on site. The building has incredible views in every direction, overlooking Grand Traverse Bay, the Boardman River and downtown Traverse City. This is an investment opportunity of a lifetime!

Listing information

  • MLS® ID: 1836917
  • Year Built: 1903
  • Parking Type Description: Off Site 0 cars
  • Total Square Footage: 29,383 ($193.99 per sq. foot)
  • County: Grand Traverse
  • Property ID: 104052090
  • Status: Active
  • New Construction: No
  • Lot Area: 0.60
  • Style: Commercial
  • Stories: 0
  • Special Considerations: Bank/Lender-Owned
  • Lot Size: 139 x 188

Features

Business Incl No
CONSTRUCTION Brick
Deeded Waterfront No
DOCUMENTS ON FILE Leases
ECO Features No
Exterior Features Brick
Extras 14ft Ceiling Height, Elevator, Security System
FOUNDATION Full
HEATING/COOLING SOURCE Natural Gas
HEATING/COOLING TYPE Central Air, Forced Air
Inventory Incl No
LICENSES None
LOCATION Corner Lot, Freestanding
Other Business Name - Fifth Third Bank, Development Name - Fifth Third Bank Building, Year Remodeled - 2012
Parking Off Site, Parking Lot, Street Parking
Possession At Closing, Subject To Tenants Rights
PRESENT USE Medical/Dental, Office Building, Retail Store
Real Estate Incl Yes
ROAD Blacktop, Public Maintained
Roof Asphalt, Membrane
Terms 1031 Exchange, Cash, Commercial Loan, Sale/Leaseback
UNIVS DESIGN/BARRIER FREE Elevator
Utilities / Sewer Municipal
Vacant Land No
Water Municipal Water
ZONING Commercial, Office, Restaurant/Food, Retail
Listed by Dan Stiebel of Coldwell Banker Schmidt REALTORS 231-929-2300