Commercial Property with Office and
820 Duell Road, Traverse City, MI 49686
New
Manufacture/Warehouse,Office Building,Service - Traverse City, MI
Property size:
5,632 SFLot size:
0.75 AcresPrice / SF:
$154/SF- Added:
- May 29, 2026
- Days on Market:
- 1
- Last Refresh:
- May 29 at 7:06 pm
Property Features for 820 Duell Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Industrial,Manufacture/Warehouse
- Bathrooms
- 3
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 5,632 SF
- Lot size
- 0.75 Acres
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1990
- Building materials
- Brick
- Roof type
- Asphalt, Composition
- Architectural style
- Other
Listing agent Sam Abood (231) 218-5130
Listing office Five Star Real Estate - Front St TC 807 W. Front Street, Traverse City, MI (231) 778-1200
Listing date May 29, 2026
MLS# 1945869
Listing URL
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.
HighLights
- Two buildings included: 2432 sq ft office building and 3200 sq ft warehouse/shop.
- Warehouse/Shop features: Four overhead doors (3 - 12x12 and 1 - 14x14), interior office & bathroom, and heated space.
- Fenced yard provides a secure outdoor storage area.
- Office building is currently leased, offering immediate income potential.
- Office building tenant is flexible: willing to stay or vacate.
- Office building has central air conditioning.
Overview
This unique commercial property for sale features two buildings. The office building offers 2432 square feet and is currently leased, presenting an income opportunity or potential for owner occupancy. The warehouse/shop building provides 3200 square feet and includes four overhead doors (three 12x12 and one 14x14), an interior office, and a bathroom. The property also features a heated, fenced yard for secure outdoor storage. The property is zoned for industrial and manufacturing/warehouse use. The lot size is 0.75 acres. The property is located in Traverse City, MI.
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
NOI $60,319 @ 7.0% cap · market cap 6.93%
Second Best
Mixed Use
$686.4K
$600.6K – $800.8K
NOI $48,048 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,642 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with local authorities.
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
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.591562
- Latitude
- 44.732192
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Two buildings: office and warehouse with secure fenced yard.
Where is this mixed-use property 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 buildings included: **2432 sq ft office building** and **3200 sq ft warehouse/shop**.; Warehouse/Shop features: **Four overhead doors (3 - 12x12 and 1 - 14x14)**, interior office & bathroom, and heated space.; Fenced yard provides a secure outdoor storage area.
