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    Two-Building Office and Warehouse

    820 Duell Road Traverse City, MI 49686

    Claim this Listing
    For Sale
    Under Contract
    $869,900

    COMMERCIAL - Traverse City, MI

    Property size:
    5,632 SF
    Lot size:
    0.75 Acres
    Price / SF:
    $154.46/SF
    Added:
    May 29, 2026
    Days on Market:
    46
    Last Refresh:
    Jul 13 at 10:06 pm

    Property Features for 820 Duell Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Exterior features
    Brick, Steel
    Standard status
    Active Under Contract
    Size
    5,632 SF
    Lot size
    0.75 Acres

    Taxes and HOA fees

    Tax Description
    PART OF SW 1/4 OF SW 1/4 SEC 13 T27N R11W COM 330' S & 856' E OF NW COR TH S 165' TH E 200' TH N 165' TH W 200' TO POB SEC 13 T27N R11W EXC RD R/W.

    Building Details

    Building materials
    Brick, Steel
    Roof type
    Asphalt, Composition

    Listing agent Sam Abood License #6504216686

    Listing office Five Star Real Estate - Front St TC 807 W Front Street, Traverse City, MI

    Listing date May 29, 2026

    MLS# 1945869

    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 for-sale property includes two separate buildings: an office building and a warehouse/shop building. The office building is approximately 2,432 square feet and is currently leased. The warehouse/shop building is approximately 3,200 square feet and includes heated space, an interior office, a bathroom, and four overhead doors (three 12x12 and one 14x14). It also features a fenced yard for secure outdoor storage.

    The property is located at 820 Duell Road in Traverse City, MI, within Grand Traverse County.

    The configuration supports continued income potential through the currently leased office, while the warehouse/shop provides functional loading access via multiple overhead doors and secure storage in the fenced yard.

    Key Highlights

    • Two‑building commercial property: 2,432 SF office building and 3,200 SF warehouse/shop building
    • Office building currently leased
    • Warehouse/shop building includes four overhead doors: three 12x12 and one 14x14

    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 $94.6k $16.80
    − Vacancy −$14.2k −$2.52
    EGI $80.4k $14.28
    − OpEx −$20.1k −$3.57
    NOI $60.3k $10.71
    5,632 SF · lease $16.80/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $861.7K
    $754.0K – $1.01M (±1% cap)
    NOI $60,319 @ 7.0% cap · market cap 6.93%
    Second Best
    Warehouse
    $640.3K
    $560.3K – $747.0K (±1% cap)
    NOI $44,820 @ 7.0% cap · market cap 5.15%
    Theoretical Best
    Office A
    $1.22M
    $1.07M – $1.43M (±1% cap)
    NOI $85,642 @ 7.0% cap · market cap 9.85%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Mold & Die Technology Factory Eagle Home Renovation Roofing Company Solar Solutions Interior Design Bay Business Services ... Tax Preparation

    Suggested Use

    Real Estate Agency Law Firm Dental Office Skin Care Clinic HVAC Service Barber Shop Parking Lot & Garage Grocery & Convenience Store Electrical Service Food Market

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

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    Similar Off Market Nearby

    • K Movers — 345 W South Airport Rd, Traverse City, MI 49686
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    FAQs

    What type of property is this?
    Warehouse - Sale of a leased office building plus a heated warehouse/shop with four overhead doors and a fenced yard.
    Where is this warehouse located?
    The property is located at 820 Duell Road Traverse City, MI.
    What is the asking price?
    The asking price for this property is $869,900.
    What are key features of this property?
    This property features: Two‑building commercial property: 2,432 SF office building and 3,200 SF warehouse/shop building; Office building currently leased; Warehouse/shop building includes four overhead doors: three 12x12 and one 14x14
    Contact an agent
    (231) 218-5130
    We can help!
    Contact an agent
    Sam Abood
    Real Estate License ID: 6504216686
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