333 2 & 5 Traverse City, MI 49684
- Office Properties & Spaces
- 16,186 SF
- 1.65 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 333 2 & 5
- Year built
- 2002
- Lot size
- 1.65 lot acres
- Property size
- 16,186 SF
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents three condominium units (Units 1, 2, and 5) totaling 16,186 square feet within the prestigious Harbour View Centre building in Traverse City, Michigan. Located at 333 W Grandview Pkwy, this Class A mixed-use property boasts unobstructed views of West Grand Traverse Bay, offering tenants and occupants stunning waterfront vistas. Some units feature private balconies, enhancing the already impressive appeal. Situated conveniently near the Warehouse District, it's a short walk to downtown Traverse City. The building benefits from ample on-site parking (160 spaces), catering to tenants and visitors alike. Built in 2002 and renovated in 2017, this property is well-maintained and features high-quality finishes. The units are currently occupied by established anchor tenants, including Independent Bank and Merrill Lynch, providing a stable income stream. The sale includes three first and third-floor units, situated on a 1.65-acre lot (APN: 28-51-708-001-00, 11, 32). The asking price is $4,990,000, translating to $308.29 per square foot. This presents a rare chance to acquire a piece of Traverse City's premier commercial real estate.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.6283
- Latitude
- 44.766
