Active

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

Traverse City MI, 49684

$4,990,000


$308.29 per sqft

Active

16,186 sqft

Commercial

Built in 2002

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.

1917576

MLS ID

November 13, 2023

Listed

February 16, 2024

Updated

Map

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

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.65 Acres


Exterior Features

Brick


Roof

Membrane


Sewer

Municipal

School Information

School District

2.5

Other Property Details

Area Name

Grand Traverse


Days on Market

77


Garage

Yes


Parking

Parking Garage, Parking Lot


View

No


County

Grand Traverse


Water Source

Municipal Water


Pool

No


Zoning

Commercial


Buyer Agency Compensation

2.5%

Listed by with Three West, LLC
Listing Contact:  

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 2/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 2/16/2024 at 2:19 AM UTC

 

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