102 W Front St, Traverse City, MI 49684

The iconic Traverse City Fifth Third Bank building is a landmark that stands 100' tall and is the epicenter of Traverse City. It is being offered for sale as a fully leased investment property at a 7.34% cap rate. Fifth Third will sign a 10-year lease for approximately 1/2 of the building. There are 3 other tenants in the building as well. There is some vacant space that Fifth Third will lease back for 2 years while a new owner finds long term tenants for the spaces. 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!
Downtown Traverse City