333 W Grandview Parkway # Unit: 1, 2, & 5 Traverse City, MI ^$ 4,990,000

333 W Grandview Parkway # Unit: 1, 2, & 5

^$ 4,990,000

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333 W Grandview Parkway # Unit: 1, 2, & 5

Traverse City, MI, 49684

^$ 4,990,000

Studio Baths0.0 Sq 16,186

Monthly Estimate*

^$ 34,857

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 1

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 2

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 3

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 4

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 5

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 6

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 7

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 8

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 9

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 10

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 11

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 12

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 13

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 14

333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI 49684 - Image 15

Studio

Commercial Property for sale in Traverse City, MI

for $4,990,000. This 16,186 square foot building was built in 2002 on a lot size of 1.65.

Here is a unique Investment Opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the units are uniquely designed with unobstructed views of the water, some with private balconies. Located just on the edge of the Warehouse District, it is only a minutes walk to downtown. The site provides ample on-site parking for the buildings tenants and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 3 condominium units (1, 2 &5) located on the 1st floor (Independent Bank) and 3rd floor (Merrill Lynch) of the building. The NOI is an average of the base rent over the terms of the leases.

Commercial Active

Price

^$ 4,990,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

1.65

Year Built

2002

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80012980

Features

General

Heating Forced Air

Cooling Central A/C

Possession At Close

Water Public Water

Status Active Active

Year Built 2002

Parking Parking Lot

Subdivision Harbor View Center MI

County Grand Traverse

Class COM/IND/BUS OPP

Type Business

Business Name none

Percent Ownership Private

Municipality Traverse City

Section 3

Zoning Commercial

Commercial Features ADA Accessible Elevator(s)

Area Traverse City (28021)

Primary City Traverse City

Location Office Park

Directions Corner of W Grandview and Alliance Dr. West of Clinch Marina.

City Traverse City

Street Name Grandview

Financial Terms Cash Commercial Loan Conventional

Legal Description Lengthy - see documents.

DOM 184

Postal Code 49684

Price Per Sq Ft 308.29

Coming Soon Here is a unique Investment Opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property

Exterior

Exterior Steel

Lot Size Area 1.65

Lot Dimensions See Documents

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Kevin Endres

Listing Agent

Three West, Llc

Broker

kendres@threewest.com

Affordability Calculator

$34,857

Per Month

Monthly Principal & Interest: $34,857
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$582,730

Percent of Sale Price 88%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/14/2023	$4,990,000		Listed Price

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333 W Grandview Parkway # Unit: 1, 2, & 5, Traverse City, MI, 49684 is a Commercial Property for sale at $4,990,000 with 16,186 sqft and a lot size of 1.65. 333 W Grandview Parkway # Unit: 1, 2, & 5 is a studio with 0.0 baths and was built in 2002. The property's zip code is 49684 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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333 W Grandview Parkway # Unit: 1, 2, & 5

Commercial Property for sale in Traverse City, MI

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