330 E State Street Traverse City, MI 49684

Property Description

PENINSULA PLACE – a five story, 42 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and attention to detail. Floor 1 is parking, Floors 2 – 4 are Short Term Rental Approved. Floors 4 and 5 have Bay Views on N Side of Building. Rooftop Garden. To Be Built, Groundbreaking was September 2021. Demolition, site prep, and pilings complete, currently in foundation stage, steel will be going up June 2022. Completion targeted for fall 2023. Sizes range from 796-1545+ SQ FT. Indoor parking subject to availability on site at $60,000 per space. Limestone Exterior. Marketing Brochure and Layouts available online. Prices from $700,000 on 4th floor. 2nd and 3rd floor are sold out.

Property Information

Current Price$1,914,000.00
Bedrooms2 beds
Bathrooms2.5 baths
Sq. Ft.1,545 ft²

Details

Listing StatusActive
Year Built2,021

Financial Data

Current Price$1,914,000.00
Original Price$1,675,000.00
Association Fee$300.00 / month

Request More Info

Fred Schmidt
Broker
Michigan | Ohio | Florida | St Croix

    Additional Information

    CityTraverse City
    StateMI
    CountyGrand Traverse
    MLS ID1902003
    School DistrictTraverse City Area Public School
    WaterfrontNo
    BrokerageColdwell Banker Schmidt-522
    522 E Front Street Traverse City MI 49686