125 S Park St Traverse City, MI 49684
- Office buildings
- 24,640 SF
- 0.18 lot acres
Current Use by Public Records
- Traverse City Wolves / Football Field
- Hardin Law Firm / Personal Injury Attorney
- Edward Jones - Financial Advisor: Andrew Weaver / Investment Service / Finance Broker
- Philip Ellis / Psychologist
- Snowden Companies / Commercial Real Estate Agency / Property Management Company
Property Details for 125 S Park St
- Year built
- 2004
- Lot size
- 0.18 lot acres
- Property size
- 24,640 SF
- Property type
- Office buildings
- APN
- 51-794-135-10
- APU
- 5179413510
Description
This exceptional 2,121-square-foot executive office suite, located in the heart of Traverse City's downtown at the corner of Park and State Streets, offers a Class A office space in a highly visible and convenient location. Built in 2004, this second-floor suite is directly across from the Park Place Hotel and adjacent to the Hardy Parking Deck, with reserved parking spaces potentially available. The modified gross lease rate includes all expenses except electricity, eliminating additional fees. The building features 24-hour electronic security and is compatible with digital and fiber services. Municipal power is provided. The property boasts easy access to shops, theaters, dining establishments, banks, the courthouse, and the Park Place Hotel. This multiple-tenancy building includes elevators. The suite is part of a larger space (combining suites 270 & 280) and is available for lease at a rate of $27.50 per square foot, plus electricity. Lease rates may vary depending on the lease term and size.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.618
- Latitude
- 44.7632
- CBSA code
- 45900
- CBSA name
- TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA
