101 N Park Street
Traverse City, MI 49684

$5,500,000

Description

In the heart of downtown Traverse City, MI. Built and maintained by Darga Works this is a free standing mixed use building with gorgeous views of Grand Traverse Bay from the second floor. Property I.D. 28-51-700-220-00 for the second floor. Wide open space on the second floor with reconfiguration ability. Private elevator off Park Street side. Includes 3 bathrooms with and without showers and a break room, mail room and enormous amounts of storage. Second floor square footage is 12,070. The first floor is 2070 square feet and there is an existing 3 year lease in place with an option. TAX I.D. for the first floor is 28-51-700-102-00. CAM rate is $4.82 per square foot and includes upkeep of the common area, elevators, windows and heat. Covered parking is available on first come basis directly across intersection from building.

Details

MLS#1841483
StyleIndustrial
Sub-TypeResale
StatusActive
Year2010
Days On Site201

Features

SQ Feet14,850
Story(s)1
ZoningResidential

Market Activity 49684

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Area Information

StateMI
CountyGrand Traverse
CityTraverse City
Zip Code49684
AreaGrand Traverse
Listing VS Median (in 49684)
Price:
$5,500,000
low | high
Med:
$219,900
100% of Average
SqFt:
14,850
low | high
Med:
597
100% of Average
$ / SqFt:
$370
low | high
Med:
$369
50.309647863537% of Average
On Site:
201
low | high
Med:
201
100% of Average
Listing Updated: 04/21/2019
MLS Number: 1841483
Listing Provided By:
Moon 5500000  of  REO-TC Randolph
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