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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
  • Unit 2
  • 2 SF
  • Office/Medical
  • $556,238 CAD ($278,118.97 CAD/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID 03-778-002-00
Sale Notes
Fully leased, income-producing commercial condo
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

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
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
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 41719854

  • Date on Market: 2026-08-12

  • Last Updated:

  • Address: 3819 4 Mile Rd N, Traverse City, MI 49686

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