232 E State St, Traverse City, Michigan
$950,000
0.16
Acres
About 232 E State St
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.
Features of 232 E State St
| MLS® # | 78080068122 |
|---|---|
| Price | $950,000 |
| Bathrooms | 0.00 |
| Acres | 0.16 |
| Year Built | 2025 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 232 E State St |
|---|---|
| Area | 28042 - Traverse City |
| Subdivision | NONE |
| City | Traverse City |
| County | Grand Traverse |
| State | Michigan |
| Zip Code | 49684 |
Amenities
| Utilities | Natural Gas Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Construction | Steel Siding |
|---|---|
| Foundation | Slab |
School Information
| District | Traverse City |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Three West, LLC |
|---|---|
| Contact Info | kendres@threewest.com |