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    Office-Warehouse Flex Property Title is generated by Realmo AI

    876 Robinwood Court, Traverse City, MI 49686

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    Claim this Listing
    New
    For Sale
    $550,000

    COMMERCIAL - Traverse City, MI

    Property size:
    4,568 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $120/SF
    Added:
    Jul 6, 2026
    Days on Market:
    1
    Last Refresh:
    Jul 6 at 4:06 pm

    Property Features for 876 Robinwood Court

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Exterior features
    Wood
    Standard status
    Active
    Size
    4,568 SF
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Description
    LOT 94 ARBUTUS SUBD NO 3.

    Utilities

    Water source
    Private

    Building Details

    Building materials
    Frame
    Roof type
    Asphalt

    We can help!

    Contact an agent
    Bill Somerville

    Listing agent Bill Somerville License #6501400610

    Listing office Three West, LLC 1131 E Eighth Street, Traverse City, MI

    Listing date Jul 6, 2026

    MLS# 1947633

    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

    • In‑town office/warehouse property in Traverse City off Barlow St
    • Includes 2 office areas totaling 984 sq ft plus 3 adjoining warehouse areas totaling 3,584 sq ft
    • Each warehouse has an overhead door; parking lot on‑site
    • Four restrooms (one with shower), 220V power, and multiple water connection locations
    • Month‑to‑month tenant leases; tenants would extend if not all space is needed for buyer occupancy
    • General Mixed‑Use Industrial Business (I‑G) zoning allows for live/work and other uses

    Overview

    This in-town office-warehouse flex property includes two office areas totaling 984 square feet and three adjoining warehouse areas totaling 3,584 square feet. Each warehouse area has its own overhead door, supporting practical move-in and loading needs. The building is also equipped with four restrooms, including one with a shower, plus 220V power and multiple water connection locations.

    The property is located at 876 Robinwood Court in Traverse City, MI, on a 0.35-acre lot. Tenant leases are month-to-month, and the current occupants would extend if the buyer does not require all available space.

    The layout is well suited for businesses that need both work space and nearby storage or light operational space, particularly given the General Mixed-Use Industrial Business (I-G) zoning. That zoning supports a variety of uses, including live/work, which can align with owner-occupants or operators looking for flexibility while maintaining direct access between office and warehouse areas.

    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 $76.7k $16.80
    − Vacancy −$11.5k −$2.52
    EGI $65.2k $14.28
    − OpEx −$16.3k −$3.57
    NOI $48.9k $10.71
    4,568 SF · lease $16.80/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $698.9K
    $611.5K – $815.4K (±1% cap)
    NOI $48,923 @ 7.0% cap · market cap 8.90%
    Second Best
    Flex RnD
    $672.2K
    $588.2K – $784.2K (±1% cap)
    NOI $47,054 @ 7.0% cap · market cap 8.56%
    Theoretical Best
    Office A
    $992.3K
    $868.3K – $1.16M (±1% cap)
    NOI $69,463 @ 7.0% cap · market cap 12.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    KNF Music Studio Tutoring Service Ace Handyman Services ... Hardware & Home Improvement

    Suggested Use

    (Bike/Boat/Book/etc) Store Travel Agency Parking Lot & Garage Bar & Pub Hotel & Motel (Bike/Boat/Book/etc) Store Barber Shop Florist Mobile Phone Store Supermarket

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

    Similar Places Nearby

    • west bay catering — 767 A Duell Rd, Traverse City, MI 49686
    • Grandview Catering — 1249 Woodmere Ave, Traverse City, MI 49686

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.601791
    Latitude
    44.742879

    FAQs

    What type of property is this?
    Flex space - In-town flex space combining offices and overhead-door warehouse bays with mixed-use I-G zoning for live/work options.
    Where is this flex space located?
    The property is located at 876 Robinwood Court Traverse City, MI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: In‑town office/warehouse property in Traverse City off Barlow St; Includes 2 office areas totaling 984 sq ft plus 3 adjoining warehouse areas totaling 3,584 sq ft; Each warehouse has an overhead door; parking lot on‑site
    More about this property
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