333 W Grandview Active

Traverse City,MI 49684

$ 4990000

- Bed

0 Bath

16186 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 16,186 sqft

Price per Sqft $308

Municipality Traverse City

Subdivision Traverse City

MLS Listing ID 80012980

Originating Board MiRealSource

Year Built 2002

Lot Size 1.650 Acres

Acres 1.65

Property Description

Here is a unique Investment Opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the units are uniquely designed with unobstructed views of the water, some with private balconies. Located just on the edge of the Warehouse District, it is only a minutes walk to downtown. The site provides ample on-site parking for the buildings tenants and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 3 condominium units (1, 2 &5) located on the 1st floor (Independent Bank) and 3rd floor (Merrill Lynch) of the building. The NOI is an average of the base rent over the terms of the leases.

Location

State MI

County Grand Traverse County

Zoning Commercial

Interior

Heating Forced Air

Cooling Central Air

Exterior

View Y/N No

Building

Sewer Public

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