535 W 12th Street, Traverse City, MI 49684

Description

Rare opportunity in the heart of Traverse City: a legal duplex on a triple lot, positioned perfectly between the energy of downtown and the quiet you actually want. Walk to restaurants, the Botanical Gardens, and all that the city offers without the noise of the tourist corridor at your door. The main level offers a comfortable 2-bed, 1-bath residence across 1,870 sq ft with a kitchen remodeled in 2020 and a bathroom updated in 2023. The dining room and greenhouse addition (2009) add character and functional space that sets this home apart. New storm doors and front entry updated in 2026. The upper unit is currently operating as a licensed hair salon, updated in 2012 with A/C added at that time. It converts easily back to a 1-bed, 1-bath apartment - removal of a wash station and tile replacement is the extent of the work. The turnkey salon business is available for purchase separately at $12,500 and could transfer to the right buyer, though it is not a condition of the real estate sale. Please request more information about the business from listing agent. The lower level (2018 update) includes a full kitchen, full bathroom, and a non-conforming room that could be converted to a bedroom with the addition of an egress window further extending the income or multi-generational living potential of this property. The versatility here is worth noting: beyond the investment angle, this property works beautifully as a single-family home, main level living for the family with the upper flat offering parents their own private retreat. Mechanical updates: furnace and water heater replaced 2018. Windows are original; siding and storms updated approximately 2003. The triple lot delivers the kind of in-town space that rarely comes available, room for gardens, outdoor living, and genuine privacy. An outdoor fireplace makes summer evenings on the property something worth noting. Parking includes a 2-car driveway accessed from the alley, with street parking serving the salon.