For Sale
607 Randolph Street, Traverse City, MI 49684
$502,230
MLS # 1926993 (Northern Great Lakes REALTORS® MLS)
Built 20150 acres
1 / 15
Listing Description
This Class A professional office space is located just steps away from West Grand Traverse Bay in the heart of Traverse City. A prime investment opportunity for discerning office building investors. This 1,768 SF property, constructed in 2015 and zoned Commercial C-2, offers 100% occupancy in the thriving Traverse City area. With a contemporary design and a focus on modern functionality, this fully leased asset provides an ideal setting for office space, catering to the needs of today's business environment. Positioned for success and offering stability through full occupancy, this property represents a compelling opportunity to secure a high-performing asset in a sought-after location. Don't miss the chance to elevate your investment portfolio with this turnkey opportunity. Tenant's initial lease term ends in March of 2026. Tenant has two 3-year options to renew.
Source: SparkMLS
About this home
Currently offered at $502,230.
Electric service is provided by Traverse City Light & Power; natural gas by DTE Gas Company.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeOffice
Bathrooms0
Year Built2015
Location
CityTraverse City
MunicipalityTraverse City
Zip Code49684
CountyGrand Traverse County
Construction & Systems
ConstructionBlock
HeatingForced Air
SewerPublic
Sale & Financing
Listed9/9/2024
Source: SparkMLS
Tax Information
Source: SparkMLS
Legal Description
UNIT 1 - WINDWARD CONDOMINIUM GTC CONDO SUB PLAN 387 THIS IS A CONVERTABLE & CONTRACTABLE CONDO 2015C-00028 MASTER DEED
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Kevin L Endres
Three West, LLC
Frequently Asked Questions about 607 Randolph Street, Traverse City, MI 49684
Is 607 Randolph Street, Traverse City, MI 49684 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 607 Randolph Street, Traverse City, MI 49684 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Traverse City Light & Power. Gas: DTE Gas Company. Sewer: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Traverse City police department or the Grand Traverse County County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$3,257
Principal & interest$3,257
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Traverse City Light & Power
Municipal
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
607 Randolph Street, Traverse City, MI 49684
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Municipality
Traverse City
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