Current Use by Public Records
- Salon.231 / Hair Salon
- RENUE Wellness IV Hydration & Aesthetics / Gym & Fitness Center / Alternative Medicine Practice
- Fringe Photography, LLC / (Bike/Boat/Book/etc) Store / Photography Service
Property Details for 607 Randolph St
- Year built
- 2015
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional 1,768-square-foot office space, located at 607 Randolph St, Unit 101, Traverse City, MI 49684, presents a compelling investment opportunity. Built in 2015, this Class A property boasts a contemporary design and modern functionality, perfectly suited for executive, medical, or traditional office uses. Currently 100% occupied, the tenant's initial lease expires in March 2026, with two three-year renewal options, ensuring long-term stability. The property features abundant natural light from large windows and is conveniently situated near West Grand Traverse Bay and downtown Traverse City. Zoned Commercial C-2, this turnkey investment offers a high-performing asset in a desirable location. The asking price is $502,230, and the property's APN is 28-51-628-001-00. This fully leased investment provides immediate cash flow and significant potential for future appreciation. The property's prime location and modern amenities make it an attractive option for a variety of businesses. Don't miss this chance to acquire a high-quality, income-producing asset in a thriving market.
Value Estimations
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AI approach
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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
- -85.6334
- Latitude
- 44.7674
