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Listed by REO-TCRandolph-233022
$399,000
Est. payment /mo
2,176 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,176 sqft
Price per Sqft $183
MLS Listing ID 1949194
HOA Fees $2,000/ann
Year Built 2003
Property Sub-Type Retail
Property Description
Conveniently located just south of US-31 on Four Mile Road, this 2,176-square-foot commercial condo offers a great investment opportunity in an accessible Traverse City location. The unit is divided into two separate spaces, both currently leased, providing established rental income with the added benefit of low-maintenance commercial condo ownership. The property features functional office layouts, municipal water and sewer, natural gas heat, and a dedicated parking lot within the established Four Mile Professional Building. Convenient access to US-31 and the surrounding Traverse City area adds to the property's long-term appeal. Association dues covers all lawn care and landscaping, snow removal, garbage removal, common area utilities and insurance - nice and easy!
Location
State MI
Interior
Heating Forced Air, Hot Water, Natural Gas
Exterior
Waterfront Description Public
Roof Type Asphalt
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
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Kyle O'Grady
Team Leader, REALTOR® License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456



