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Executive Summary
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. Currently fully leased, the space provides established rental income with the added benefit of low-maintenance commercial condo ownership. The property features a functional office layout, 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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 03-778-002-00 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 03-778-002-00 |
2,176 SF of professional office space
Low-maintenance commercial condo ownership
Established tenant and rental income
Convenient Traverse City location
Just south of US-31 with easy regional access
Dedicated on-site parking
Municipal water and sewer
Natural gas heat
Located within the established Four Mile Professional Building
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 2 SF | Office/Medical | $556,238 CAD ($278,118.97 CAD/SF) | - |
Unit 2
| Unit Size |
| 2 SF |
| Condo Use |
| Office/Medical |
| Price |
| $556,238 CAD ($278,118.97 CAD/SF) |
| NOI |
| - |
Unit 2
| Unit Size | 2 SF |
| Condo Use | Office/Medical |
| Price | $556,238 CAD ($278,118.97 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 03-778-002-00 |
| Sale Notes | |
| Fully leased, income-producing commercial condo<br> 2,176 SF of professional office space<br> Low-maintenance commercial condo ownership<br> Established tenant and rental income<br> Convenient Traverse City location<br> Just south of US-31 with easy regional access<br> Dedicated on-site parking<br> Municipal water and sewer<br> Natural gas heat<br> Located within the established Four Mile Professional Building</li></ul> |
Property Facts
| Total Building Size | 2,176 SF | Typical Floor Size | 2,176 SF |
| Property Type | Office (Condo) | Year Built | 2003 |
| Building Class | B | Lot Size | 1.22 AC |
| Floors | 1 | ||
| Zoning | Commercial | ||
| Total Building Size | 2,176 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 2,176 SF |
| Year Built | 2003 |
| Lot Size | 1.22 AC |
| Zoning | Commercial |
Presented by
3819 4 Mile Rd N
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