# 232 E State Street, Traverse City, MI 49684

> **TL;DR:** commercial, $950,000 ($419/sqft), built 2025, 2,270 sqft.
> Basement. Est. $4,117/mo. Listed 20 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $950,000 |
| Price/sqft | $419 |
| Square Feet | 2,270 |
| Year Built | 2025 |
| Lot Size | 6,970 sqft (0.16 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 20 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,117 |
| **Total** | **$4,117** |

## Key Amenities

- Basement

## Property Highlights

- Built in 2025
- 0.16 acre lot

## Description

### 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.

## Location

- **Address:** 232 E State Street, Traverse City, MI 49684
- **County:** Grand Traverse
- **Coordinates:** 44.762601, -85.619517
- **Google Maps:** https://www.google.com/maps?q=44.762601,-85.619517

## Listing Agent

- **Name:** Kevin Endres
- **Brokerage:** Three West, LLC
- **Phone:** 2315345225
- **Email:** kendres@threewest.com

## Primary Photo

![232 E State Street - Primary Photo](http://lh.rdcpix.com/1a1d96de6d8341da568ee1000572963cl-f110669208r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/232-e-state-street-traverse-city-mi-49684-1945006)*

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**MLS#:** 1945006 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/232-e-state-street-traverse-city-mi-49684-1945006)

---

## Structured Data

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  "name": "232 E State Street, Traverse City, MI 49684",
  "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.",
  "url": "https://www.propertysimple.com/listing/232-e-state-street-traverse-city-mi-49684-1945006",
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