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Off market
  • $1,717,500

    109 E Front St Ste 307, Traverse City, MI 49684

    3beds
    2,431sqft
    Condo
    Built in 1883
    -- sqft lot
    $1,717,500 Zestimate®
    $706/sqft
    $4,550 Estimated rent

    Home value

    $1,717,500

    $1.48M - $2.01M

    $4,550/mo

    Zestimate® history
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    $4,550/mo

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    $10,444/mo

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    $10,444/mo

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    What's special

    Large bayside roomBijou theaterOversized french doors

    The historic Hannah Lay Building, built in 1883, will showcase this premier downtown, luxury condominium. Perched on the north side of the building, this loft overlooks the marina and has unobstructed views of West Grand Traverse Bay. This Penthouse Loft is built to your specifications, with the potential for a 3-bedroom, 3-bathroom open concept condominium. The main floor contains 1,865 square feet, with a 566 square foot open loft area, for a total space containing 2,431 square feet. This condo features a large bayside room with ceiling heights up to 18' 6" that make fantastic use of the 10-foot tall windows. Oversized French doors provide the gateway onto your balcony, overlooking the Farmers Market, the Bijou Theater, and the Bay. This penthouse, listed at $1,853,250 is purchased in an unfinished shell condition (at $450/sq. ft., equaling $1,093,950) which makes the unit your blank canvas. You and the builder will fully customize the buildout of your condo to make your dream home a reality. The buildout budget included in the listing price is $300/sq. ft. ($729,300), which can be adjusted to the new owner's specific wants and needs. Residents will have the option to purchase up to two underground parking spaces. This building has two elevator banks located conveniently at each end of the building. With only 3 lofts remaining, this historical project is like no other. Make downtown Traverse City your home.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • 3/4 bathrooms: 3
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,431 sqft

    Property

    Parking
    • Total spaces: 2
    Lot
    • Size: 871 Square Feet
    Details
    • Parcel number: 5170900507

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1883

    Community & HOA

    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $706/sqft
    • Tax assessed value: $2,301,000
    • Annual tax amount: $33,777

    Price history

    DateEventPrice
    7/7/2022Sold$1,148,865-37%$473/sqft
    Source: NGLRMLS #1898729 Report a problem
    4/20/2022Listed for sale$1,823,250+3.4%$750/sqft
    Source: NGLRMLS #1898729 Report a problem
    3/30/2022Listing removed--
    Source: Real Estate One Report a problem
    11/10/2021Price change$1,762,475+3.6%$725/sqft
    Source: NGLRMLS #1889440 Report a problem
    11/2/2021Listed for sale$1,701,700$700/sqft
    Source: Real Estate One #1889440 Report a problem
    11/1/2021Contingent$1,701,700$700/sqft
    Source: NGLRMLS #1889440 Report a problem
    6/25/2021Listed for sale$1,701,700$700/sqft
    Source: NGLRMLS #1889440 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$33,777 +12.8%$1,150,500 +33.1%
    2024$29,937 $864,500 +62.5%
    2023-- $531,900
    2022$7,064 +1.1%--
    2021$6,987 $146,800 +19.8%
    2020-- $122,500
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Traverse City

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,717,500
    2% more
    +$34,350
    With Zillow Showcase(estimated)
    $1,751,850