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Northern Great Lakes REALTORS MLS™

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333 W Grandview Parkway 1, 2, & 5

Traverse City, MI 49684

$4,990,000

MLS #1917576

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Description

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.


Overview

Sale or Lease:

For Sale

Business Included:

No

Real Estate Included:

No

Square Footage:

16186 sqft

Acres:

1.65 acres

Township:

Traverse City

County:

Grand Traverse


Features

Business Type:

Office Building

Location:

Office Center

Included in Lease:

None

Zoning:

Commercial

Kevin Endres

Three West, LLC

231-534-5225kendres@threewest.comwww.threewest.com

Compensations

Sub Agency

2.50%

Buyer Agency

2.50%

Transaction Coordinator

0.00%

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.