Large parcel in growing commercial corridor located in Traverse City. Neighborhood is a mix of local business and residential. Eighth Street to the west is being redeveloped making this location a prime opportunity for a mixed-use redevelopment. Building sits to one side of property, so building could be retained, and additional land could be developed with residential, retail, or office. Existing building is well set up for office use. it is currently used as bank, but bank will be vacating. In 2019, a new roof was installed with a 20 year transferable warranty and the parking lot and entrance were updated to comply with ADA.