Office Suite in Professional
4020 Copper View Traverse City, MI 49684
4020 Copper View, Traverse City, MI, 49684
$165,000
For Sale
$165,000
COMMERCIAL - Traverse City, MI
Property Size716 SF
Price / SF$230.45
Days on Market39
Property Features for 4020 Copper View
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Garage, Assigned, Parking Lot
- Exterior features
- Brick
- Standard status
- Active
- Size
- 716 SF
Taxes and HOA fees
- Tax Description
- UNIT 2 SUITE 16 COPPER RIDGE PROFESSIONAL CENTER TWO GRAND TRAVERSE CONDO SUBDIVISION PLAN NO. 200 REPLAT OF UNIT 2 COPPER RIDGE PROFESSIONAL CENTER GRAND TRAVERSE COUNTY PLAN NO. 148 SEC 9 T27N R11W (THIRD AMENDMENT)
Building Details
- Building materials
- Brick, Steel
- Roof type
- Metal
Listing agency
Phoenix Property Partners
(231) 342-3775
Listed by
Ashley Rokos · License #6502424094
(231) 342-3775
Added: Jun 15 Updated: Jul 14 at 5:15AM Checked: Jul 23 at 9:06AM
MLS# 1946674
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This office suite is located within the Copper Ridge Professional Center and is configured for day-to-day client and team use. The space includes a reception area, two private offices, a kitchenette, and an open work room. Office furniture is included in the sale, including a reception desk, two wood desks, and two credenzas with chairs. A designated parking space is provided in the lower level parking garage.
The property is positioned for convenience to Munson and downtown Traverse City. In addition to the covered parking arrangement, the center is described as having abundant parking, supporting easy access for both clients and owners.
For an owner-occupant, this layout supports a straightforward workflow with a dedicated reception area, private meeting or work space, and an open room for additional staff or workstations. The included furniture can help streamline move-in timing, while the assigned lower-level parking spot helps reduce daily parking friction for staff and visitors.
The property is positioned for convenience to Munson and downtown Traverse City. In addition to the covered parking arrangement, the center is described as having abundant parking, supporting easy access for both clients and owners.
For an owner-occupant, this layout supports a straightforward workflow with a dedicated reception area, private meeting or work space, and an open room for additional staff or workstations. The included furniture can help streamline move-in timing, while the assigned lower-level parking spot helps reduce daily parking friction for staff and visitors.
Key Highlights
- Office space in Copper Ridge Professional Center with reception area, two private offices, kitchenette, and open work room
- Includes one designated parking space in the lower level parking garage
- Office furniture included: reception desk, two wood desks, two credenzas, and chairs
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.0k | $16.80 |
| − Vacancy | −$1.8k | −$2.52 |
| EGI | $10.2k | $14.28 |
| − OpEx | −$2.6k | −$3.57 |
| NOI | $7.7k | $10.71 |
716 SF · lease $16.80/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$109.5K
$95.9K – $127.8K
NOI $7,668 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$155.5K
$136.1K – $181.5K
NOI $10,888 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Heidi M. Hodek, ...
Law Firm
Matthew T. Hanley, ...
Law Firm
Amalfi Vein Center ...
Spa & Massage Center
Mi Physical Medicine, ...
Physician
Christina Richardson, DO ...
Medical Clinic
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FAQs
What type of property is this?
Office units - Office suite with reception, private offices, kitchenette, and dedicated lower-level parking for owner-occupant use.
Where is this office units located?
The property is located at 4020 Copper View Traverse City, MI.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Office space in Copper Ridge Professional Center with reception area, two private offices, kitchenette, and open work room; Includes one designated parking space in the lower level parking garage; Office furniture included: reception desk, two wood desks, two credenzas, and chairs
