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Tenant-Occupied Commercial Condo

A-232 E State St Traverse City, MI 49684

A-232 E State St, Traverse City, MI, 49684
$950,000
For Sale
$950,000

Newly constructed 2,270 SF commercial condo is tenant occupied under a 10-year NNN lease.

Property Size2,270 SF
Price / SF$418.50
Days on Market72

Property Features for A-232 E State St

General Information

Standard status
Active
Size
2,270 SF
Listing agency Three West, LLC
Listed by Kevin Endres · License #6505352968
Source Exprealty
Added: May 12 Updated: Jul 21 at 4:51AM Checked: Jul 21 at 4:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Three West, LLC


Investment Insights

Based on property information with market context.

This tenant-occupied commercial condo comprises 2,270 square feet and was constructed in 2025. The space is currently leased under a 10-year NNN lease that began in November 2025, with two options for renewal.

The property is presented as a downtown investment opportunity in Traverse City, Michigan. Financial information is available with a signed NDA and proof of funds.

Key Highlights

  • Newly constructed 2,270 SF tenant‑occupied commercial condo in downtown Traverse City, MI
  • Tenant occupied under a 10‑year NNN lease that began in November 2025
  • Lease includes two renewal options

Property Analytics

Location Intelligence

Current Use by Public Records

NNN properties

Suggested Use

Electrical Service Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store HVAC Service Butcher Grocery & Convenience Store Pet Store Plumbing Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
NNN property - Newly constructed 2,270 SF commercial condo is tenant occupied under a 10-year NNN lease.
Where is this nnn property located?
The property is located at A-232 E State St Traverse City, MI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Newly constructed 2,270 SF tenant‑occupied commercial condo in downtown Traverse City, MI; Tenant occupied under a 10‑year NNN lease that began in November 2025; Lease includes two renewal options
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