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About This Home

This 0-bedroom, 0-bathroom commercial at 232 E State Street in Traverse City, MI is listed for $950,000 ($419 per sqft). Built in 2025, the home offers 2,270 sqft of living space on a 0.16 acres lot.

Agent Description

Downtown investment opportunity in the heart of Traverse City, Michigan. This 2,270 SF tenant occupied commercial condo space, constructed in 2025, offers an ideal investment opportunity. Tenant has a 10 year NNN lease that began in November 2025 with two options for renewal. Financials available with a signed NDA and proof of funds.

Key Features

  • Built in 2025
  • 0.16 acre lot

Property Details

#A
2025

Amenities

Basement

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

232 E State Street

Traverse City, MI 49684

Property Details

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 232 E State Street is listed at $950,000 ($419/sqft). The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.

Key features include: Built in 2025, 0.16 acre lot.

This property is listed by Kevin Endres and can be reached at 2315345225 or kendres@threewest.com.

KE

Kevin Endres

Agent at Three West, LLC

(231) 534-5225

Listed by Three West, LLC · View on Broker Site

MLS# 1945006· Source: listhub· Updated 20 days ago

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

232 E State Street, Traverse City, MI 49684

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