Description

Here is your opportunity to own a prime office building located only 5 minutes from downtown Traverse City with a pre-approval for 150 slip marina. The Grand Traverse area at the present time has a 10 year wait list with 500 boats on the list. This is a stand-alone 23,000 square foot free standing building with a pro forma cap rate of 9.25. Stunning Grand Traverse Bay water views with 634 feet of prime sandy beachfront. . Zoned SC1 allowing for commercial/residential mix use for numerous opportunities. Existing renovations on the building include: acoustical ceiling throughout, electrical, Cat 5 networking throughout , full spectrum ceiling light fixtures, windows on top floor, 80% on second floor, server room with separate cooling system, coffee bar and appliances on 3rd floor...cafeteria and appliances on second floor, fireplace fronts and mantels, light filtering window shades throughout, architectural features (glass block wall, curved wall, tile walls), water/sewer back flow va