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
Municipality
Traverse City
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.
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Data last updated on 2/16/2024 at 2:19 AM UTC