125 S Cedar Street, Traverse City, MI 49684
125 S Cedar Street, Traverse City, MI 49684
125 S Cedar Street, Traverse City, MI 49684
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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999
Listed by  REO-TCRandolph-233022
$1,250,000
Est. payment /mo
3 Beds
2 Baths
3,055 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,055 sqft

Price per Sqft $409

MLS Listing ID 1950474

Bedrooms 3

Full Baths 1

Half Baths 1

Year Built 1900

Lot Size 1.190 Acres

Acres 1.19

Property Sub-Type Single Family Residence

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.

Location

State MI

Rooms

Basement Michigan Basement

Kitchen Main

Interior

Interior Features Walk-In Closet(s), Breakfast Nook, Den/Study, Vaulted Ceiling(s), Cable TV, High Speed Internet

Heating Forced Air, Natural Gas

Flooring Carpet

Fireplaces Type Gas, Stove

Fireplace true

Appliance None

Exterior

Community Features None

Waterfront Description Public

Roof Type Asphalt

Garage true

Building

Story One and One Half

Foundation Block, Stone

Sewer Public Sewer

Water Public

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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999

Team Leader, REALTOR® License ID: 6501407456

Team Leader, REALTOR® License ID: 6501407456

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