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Property profile & analytics
OFF-MARKET
Office Spaces

333 Grandview Pkwy Unit Traverse City, MI 49684

1,947 SF Built 2002
Property ID
Property summary
AI-generated overview

This exceptional 1,947 square foot office condominium, located in Traverse City's Harbour View Centre, presents a unique investment opportunity. Situated on the second floor, this unit boasts unobstructed views of West Grand Traverse Bay and a private balcony. Part of a Class A mixed-use building, it's conveniently located near the Warehouse District, a short walk from downtown. The building offers ample on-site parking (160 spaces shared) and prestigious anchor tenants, including Independent Bank and Merrill Lynch. Built in 2002 and renovated in 2017, the suite is currently configured as an executive, medical, or traditional office space, but with condominium association approval, it could be converted to residential use (excluding short-term rentals). The asking price is $681,000, translating to $349.77 per square foot. The sale includes one condominium unit (Unit 3B), sharing the floor with three other professional office suites. Please note that the sale is contingent upon revisions and amendments to the condominium documents and associated Exhibit B drawings. Use exclusions exist for financial institutions. A virtual tour (showing Suites 201, 202, and 203) is available online. The property's APN is 28-51-708-001-21.

Property profile
Verified
Property type Office Spaces
Year built 2002
Total area 1,947 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jay Tompkins Foster Care Service Social Service Agency
  • Merrill Lynch Wealth Management Financial Advisor
  • Home Service Delivery LLC Trucking Company
  • Merrill Lynch Wealth Management Advisor Rick Simonton Financial Advisor
  • Traverse City State Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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