1028 E Eighth Street, Traverse City, MI 49686

$698,000 Asking Price

3 beds
4 baths
1,858  sqft
Built in 1961

Welcome to "The Vault" a one-of-a-kind property in the heart of Traverse City! This can be your 3-bedroom residence, a short-term rental investment with city approval, or a business/residence combination. With C-2 zoning, this property offers incredible flexibility. A former commercial property that's been meticulously transformed. Step inside to experience a bright & open floor plan with an industrial vibe. The architectural details and stylish finishes make this property so unique. Each bedroom has its own private bathroom. The basement offers so many possibilities with large rooms, a wet bar area, 2 bathrooms and a separate access from outside. Located in a rapidly growing part of Traverse City, you'll be within walking distance to local restaurants, grocery stores, and other conveniences.

Features & Amenities

Interior

General:
Solid Surface Counters, Kitchen Island, Cable TV, High Speed Internet
Laundry:
Main Level
Basement:
Full, Finished
Flooring:
Vinyl
A/C:
true, Central Air
Heating:
true, Forced Air, Natural Gas
Fireplace:
None
Disability Feature:
None

Exterior

General:
Sidewalk
Parking:
Alley Access, None

Construction

Roofing:
Membrane
General:
Brick, 1

Location

HOA Amenities:
Liability Insurance, 150.0, Annually
Originating MLS:
NGLRMLS API
School District:
Traverse City Area Public Schools
County:
Grand Traverse

Lot

Zoning:
Unit 2, The Vault, a Condominium according to the Master Deed recorded in Instrument No. 2023C-00017, as amended, in the Office of the Grand Traverse County Register of Deeds, and designated as Grand Traverse County Condominium Subdivision Plan No. 503

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
NGLRMLS API
Ownership:
Private Owner

This listing courtesy of:
REO-TCFront-233021, Janel Brown

About Traverse City, MI

Housing

Number of Units
37,647
Median Home Value
$253,583
Median Rent
$889

24.77% of housing units are renter occupied.

11.10% are vacant.

Commute

Car
80.96%
Public Transportation
1.36%
Walk to Work
2.46%
Work from Home
13.26%
Other
0.48%

The median travel time to work is 18 minutes.

People

Population
75,364
Median Age
43.50
Median Household Size
2.53

Education

High School
20.97%
Associate’s Degree
9.01%
Bachelor’s Degree
26.84%
Graduate Degree
15.71%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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