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    607 Randolph St Traverse City, MI 49684

    For Sale
    $502,230

    Medical/Dental,Office Building,Retail Store,Service - Traverse City, MI

    Property size:
    1,768 SF
    Days on Market:
    263
    Last Refresh:
    Dec 6 at 2:06 am

    Property Features for 607 Randolph St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    1,768 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2015
    Building materials
    Block, Brick
    Roof type
    Membrane
    Architectural style
    Other

    Three West, LLC (231) 929-2955 [email protected]

    Listing agent Kevin Endres (231) 929-2955

    Listing date Mar 19, 2025

    MLS# 1926993 Listing URL

    Copyright © 2025 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.

    Overview

    Traverse City Commercial Investment Opportunity

    This Class A commercial property, constructed in 2015, is located in Traverse City, MI, steps away from West Grand Traverse Bay. The 1,768 square foot property is zoned Commercial C-2 and is currently 100% occupied. The property offers a contemporary design and modern functionality, providing an ideal setting for office space. This fully leased asset is positioned for stability through full occupancy. The tenant's initial lease term ends in March of 2026 and includes two 3-year options to renew. This property represents a compelling opportunity to secure a high-performing asset in a sought-after location.
    Location Intelligence

    Current Use by Public Records

    Salon.231 Hair Salon RENUE Wellness IV ... Wellness Center Fringe Photography, LLC Photography Studio

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.633497
    Latitude
    44.767197

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    FAQs

    What type of property is this?
    Office space - Class A commercial space in the heart of Traverse City.
    Where is this office space located?
    The property is located at 607 Randolph St Traverse City, MI.
    What is the asking price?
    The asking price for this property is $502,230.
    What are key features of this property?
    This property features: - Prime location steps from West Grand Traverse Bay in Traverse City.; - Fully leased, providing immediate income and stability.; - Class A professional office space with contemporary design.
    (231) 929-2955
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    607 Randolph St Traverse City, MI 49684
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