607 Randolph Street

Price: $502,230.00
Square Ft.: 1768
Price/SQFT: $284.07

This Class A professional office space is located just steps away from West Grand Traverse Bay in the heart of Traverse City. A prime investment opportunity for discerning office building investors. This 1,768 SF property, constructed in 2015 and zoned Commercial C-2, offers 100% occupancy in the thriving Traverse City area. With a contemporary design and a focus on modern functionality, this fully leased asset provides an ideal setting for office space, catering to the needs of today's business environment. Positioned for success and offering stability through full occupancy, this property represents a compelling opportunity to secure a high-performing asset in a sought-after location. Don't miss the chance to elevate your investment portfolio with this turnkey opportunity. Tenant's initial lease term ends in March of 2026. Tenant has two 3-year options to renew.

Basic Features:

MLS ID: 1926993
City: Traverse City
State: MI
ZIP: 49684
Area: Grand Traverse
Acres: 0
Square Feet: 1768

Additional Features:
Basement: Location: Interior Lot
Business Included: Health Services,Professional/Office,Retail,Professional Service Lot:
Business Name: None Property Status: Active
Construction: Brick,Block,Frame Documents: None
Zoning: Commercial Possession: Close Of Escrow,Subject To Tenant Rights
Dimensions: 150 X 97 For Sale Or Lease: Commercial Sale
Directions: South side of Randolph St between N Maple St and N Division St. Road Frontage:
Days On Market: 189 Roofing: Membrane
Days On MLS: 189 Township: Traverse City
Financing: Water: Public
Floor Type: Licenses: None
Heating: Forced Air,Natural Gas Year Built: 2015
Cooling: Central Air

Listing courtesy of Three West, LLC
1131 E. Eighth Street Traverse City, MI 49686