954 Business Park Drive Traverse City, MI ^$ 975,000

954 Business Park Drive

^$ 975,000

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954 Business Park Drive

Traverse City, MI, 49686

^$ 975,000

Studio Baths0.0 Sq 9,204

Monthly Estimate*

^$ 6,480

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Studio

Commercial Property for sale in Traverse City, MI

for $975,000. This 9,204 square foot building was built in 1994 on a lot size of 1.5.

One level office building in a convenient location in Peninsula Business Park. Full foundation with secured storage in the full basement. NEW ROOF in 2022. Total of seven offices, six that share ensuite men's and women rest rooms and kitchenettes. The seventh office has its own kitchenette and rest room. All offices are metered separately for gas and electric. Plenty of parking plus the possibility of expansion. All offices are fully leased. Nice opportunity for investors or owner occupants.

Commercial Active

Price

^$ 975,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

1.5

Year Built

1994

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80005684

Features

General

Heating Forced Air

Cooling Central A/C

Possession At Close

Roof Asphalt

Water Public Water

Status Active Active

Year Built 1994

Parking Parking Lot

Subdivision Peninsula Business Park MI

County Grand Traverse

Class COM/IND/BUS OPP

Type Business

Business Name N/A

Percent Ownership Corporation

Municipality East Bay Twp

Section 18

Zoning Professional Office

Commercial Features ADA Accessible

Area East Bay Twp (28003)

Primary City Traverse City

Directions From Munson Avenue south on 3 Mile Rd. south of Parsons east on Business Park Dr.

City Traverse City

Street Name Business Park

Financial Terms Cash Conventional

Legal Description LOT 6 & EAST 79' OF LOT 7 PENINSULA BUSINESS PARK EAST

DOM 407

Postal Code 49686

Price Per Sq Ft Total 105.93

Coming Soon One level office building in a convenient location in Peninsula Business Park. Full foundation with secured storage in the full basement. NEW ROOF in 2022. Total of seven offices

Exterior

Exterior Frame

Lot Size Area 1.5

Lot Dimensions 319 x 210.29

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Doug Meteyer

Listing Agent

Keller Williams Northern Michi

Broker

doug@dougmeteyer.com

Affordability Calculator

$6,480

Per Month

Monthly Principal & Interest: $6,480
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$604,645

Percent of Sale Price 38%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/24/2023	$975,000		Listed Price

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954 Business Park Drive, Traverse City, MI, 49686 is a Commercial Property for sale at $975,000 with 9,204 sqft and a lot size of 1.5. 954 Business Park Drive is a studio with 0.0 baths and was built in 1994. The property's zip code is 49686 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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954 Business Park Drive

Commercial Property for sale in Traverse City, MI

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