About 607 Randolph Street
This Class A professional office space is located just steps away from West Grand Traverse Bay in the heart of Traverse City. A prime investment opportunity for discerning office building investors. This 1,768 SF property, constructed in 2015 and zoned Commercial C-2, offers 100% occupancy in the thriving Traverse City area. With a contemporary design and a focus on modern functionality, this fully leased asset provides an ideal setting for office space, catering to the needs of today's business environment. Positioned for success and offering stability through full occupancy, this property represents a compelling opportunity to secure a high-performing asset in a sought-after location. Don't miss the chance to elevate your investment portfolio with this turnkey opportunity. Tenant's initial lease term ends in March of 2026. Tenant has two 3-year options to renew.
Features of 607 Randolph Street
| MLS® # | 1926993 |
|---|---|
| Price | $502,230 |
| Square Footage | 1,768 |
| Year Built | 2015 |
| Type | Commercial |
| Sub-Type | Office |
| Status | Active |
| Association | None |
Community Information
| Address | 607 Randolph Street |
|---|---|
| Subdivision | None |
| City | Traverse City |
| County | Grand Traverse |
| State | MI |
| Zip Code | 49684 |
Amenities
| Utilities | Municipal Water |
|---|---|
| Features | 14ft Ceiling Height |
| Parking | Street Parking |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Heating | Natural Gas,Forced Air,Central Air |
|---|---|
| Has Basement | No |
| Basement | Slab |
| Fireplace | No |
Exterior
| Exterior Features | Brick, Block |
|---|---|
| Lot Description | 150 X 97 |
| Roof | Membrane |
| Construction | Brick, Block, Frame |
Additional Information
| Date Listed | September 10th, 2024 |
|---|---|
| Days on Market | 350 |
| Zoning | Commercial |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | 951 |
|---|