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). the home offers 2,270 sqft of living space on a 0.16 acres lot.

Key Features

  • 0.16 acre lot
Listing 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.

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

Features & Amenities

Exterior Features

Brick

Property Details

Construction

Steel Under Construction

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 $5,081 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.16 acre lot. Exterior Features: Brick.

This property is listed by Kevin Endres.

KE

Kevin Endres

Agent at Three West, LLC

Listed by Three West, LLC · Broker phone: 2319292955 · Broker website

MLS# 1945006· Source: Northern Great Lakes Realtors MLS· 169 days on PropertySimple

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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