122 W State Street, Traverse City MI 49684 Photo 1 122 W State Street, Traverse City MI 49684 Photo 2 122 W State Street, Traverse City MI 49684 Photo 3 122 W State Street, Traverse City MI 49684 Photo 4 122 W State Street, Traverse City MI 49684 Photo 5 122 W State Street, Traverse City MI 49684 Photo 6 122 W State Street, Traverse City MI 49684 Photo 7

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122 W State Street - Location, location, location ...great exposure! Great rental property in the central business district of the city of Traverse City. Potential for multi-tenant occupancy with multiple access points of entry. Adjacent to new city/municipal parking lot. Excellent development potential for new/multi use building, private parking on site for 14 cars, unique central courtyard for interior offices with natural landscaping and atrium view from several. Highly sought after property with fantastic potential. Three private office suits are currently leased.

Listing information

  • MLS® ID: 1816965
  • Status: Active
  • New Construction: No
  • Lot Area: 0.38
  • County: Grand Traverse
  • Style: Commercial
  • Stories: 0
  • Foreclosure: No
  • Lot Size: 99 x 166
  • Year Built: 1960
  • Parking Type Description: Reserved / Assigned 14 cars
  • Total Square Footage: 6,800 ($146.32 per sq. foot)
  • Estimated Annual Taxes: $16,807

Features

Business Incl No
CONSTRUCTION Block, Frame
Deeded Waterfront No
DOCUMENTS ON FILE None
ECO Features No
ENERGY EFFICIENT Not Applicable
EXTERIOR FEATURES Brick
Extras None
FOUNDATION Entrance Inside, Partial, Slab
HEATING/COOLING SOURCE Natural Gas
HEATING/COOLING TYPE Central Air, Forced Air
Inventory Incl No
LICENSES None
LOCATION Other
Other Business Name - Salamander Technologies, Development Name - Original Plat, Summer Taxes - 15436.61, Winter Taxes - 1370.36, Year Remodeled - 0, Year: Summer - 2017, Year: Winter - 2016
PARKING Assigned
POSSESSION At Closing
PRESENT USE Office Building
RENEWABLE Not Applicable
ROAD Blacktop, Concrete, Public Maintained
ROOF Tar/Gravel
SEWER Municipal
TERMS Gross Lease, Rent with Option
UNIVS DESIGN/BARRIER FREE None
Vacant Land No
WATER Municipal Water
WATER CONSERVATION Not Applicable
ZONING Commercial
Listing Courtesy of Robert Brick of Re/Max Bayshore-Leelanau 12930 S West Bay Shore Dr Traverse City Mi 49684