607 Randolph St Traverse City, MI 49684
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.