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232 E State St - Boardwalk Suites & Residences by Kasa 2,034 - 2,849 SF Condo Units Offered at $835,541 - $1,301,253 CAD Per Unit in Traverse City, MI 49684
Investment Highlights
- Long Term Tenant in Place
- Downtown Traverse City
- Newly Constructed
- Close to Parking Deck
Executive Summary
Downtown retail/office opportunity in the heart of Traverse City, Michigan. Two individually offered commercial condo spaces, Unit B at 2034 SF and Unit C at 2,849 SF, constructed in 2025, offers an ideal canvas for retail or professional office space. With high visibility this property presents an exceptional prospect for those looking to capitalize on the dynamic landscape of Traverse City. Also available, commercial condo Unit A as a Downtown investment opportunity, in the heart of Traverse City, Michigan. This 2,270 SF tenant occupied commercial condo space, constructed in 2025, offers an ideal investment opportunity. Tenant has a 10 year NNN lease that began in November 2025 with two options for renewal. Financials available with a signed NDA and proof of funds.
3 Units Available
Unit A
| Unit Size | 2,270 SF | Condo Use | Office |
| Price | $1,301,253 CAD | Sale Type | Investment |
| Price Per SF | $573.24 CAD | APN/Parcel ID | 28-51-164-092-00 |
| Unit Size | 2,270 SF |
| Price | $1,301,253 CAD |
| Price Per SF | $573.24 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| APN/Parcel ID | 28-51-164-092-00 |
Description
Downtown investment opportunity in the heart of Traverse City, Michigan. This 2,270 SF tenant occupied commercial condo space, constructed in 2025, offers an ideal investment opportunity. Tenant has a 10 year NNN lease that began in November 2025 with two options for renewal. Financials available with a signed NDA and proof of funds.
Sale Notes
Downtown investment opportunity in the heart of Traverse City, Michigan. This 2,270 SF tenant occupied commercial condo space, constructed in 2025, offers an ideal investment opportunity. Tenant has a 10 year NNN lease that began in November 2025 with two options for renewal. Financials available with a signed NDA and proof of funds.
+8 More
Main Exterior
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Updated Floor Plan 050826
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Unit B
| Unit Size | 2,034 SF | Condo Use | Office/Retail |
| Price | $835,541 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $410.79 CAD | APN/Parcel ID | 28-51-164-092-00 |
| Unit Size | 2,034 SF |
| Price | $835,541 CAD |
| Price Per SF | $410.79 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 28-51-164-092-00 |
Description
Downtown retail/office opportunity in the heart of Traverse City, Michigan. This 2,034 SF commercial condo space, constructed in 2025, offers an ideal canvas for retail or professional office space. With high visibility this property presents an exceptional prospect for those looking to capitalize on the dynamic landscape of Traverse City.
Sale Notes
Downtown retail/office opportunity in the heart of Traverse City, Michigan. This 2,034 SF commercial condo space, constructed in 2025, offers an ideal canvas for retail or professional office space. With high visibility this property presents an exceptional prospect for those looking to capitalize on the dynamic landscape of Traverse City.
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interior
Updated Floor Plan 050826
Unit C
| Unit Size | 2,849 SF | Condo Use | Office/Retail |
| Price | $1,169,758 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $410.59 CAD | APN/Parcel ID | 28-51-164-092-00 |
| Unit Size | 2,849 SF |
| Price | $1,169,758 CAD |
| Price Per SF | $410.59 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 28-51-164-092-00 |
Description
Downtown retail/office opportunity in the heart of Traverse City, Michigan. This 2,849 SF commercial condo space, constructed in 2025, offers an ideal canvas for retail or professional office space. With high visibility this property presents an exceptional prospect for those looking to capitalize on the dynamic landscape of Traverse City.
Sale Notes
Downtown retail/office opportunity in the heart of Traverse City, Michigan. This 2,849 SF commercial condo space, constructed in 2025, offers an ideal canvas for retail or professional office space. With high visibility this property presents an exceptional prospect for those looking to capitalize on the dynamic landscape of Traverse City.
1 updated
2 updated
3 updated
interior
Updated Floor Plan 050826
Property Facts
| Total Building Size | 74,638 SF | Floors | 5 |
| Property Type | Hospitality | Typical Floor Size | 15,000 SF |
| Property Subtype | Serviced Apartment | Year Built | 2025 |
| Building Class | B | Lot Size | 0.37 AC |
| Zoning | C-4c | ||
| Total Building Size | 74,638 SF |
| Property Type | Hospitality |
| Property Subtype | Serviced Apartment |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 15,000 SF |
| Year Built | 2025 |
| Lot Size | 0.37 AC |
| Zoning | C-4c |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 87 | $550.64 CAD | - |
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232 E State St - Boardwalk Suites & Residences by Kasa
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