232 E State Street Traverse City, MI ^$ 654,750

232 E State Street

^$ 654,750

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New Construction

232 E State Street

Traverse City, MI, 49684

^$ 654,750

Bedrooms-- Baths-- Sq 2,182

Monthly Estimate*

^$ 4,085

232 E State Street, Traverse City, MI 49684 - Image 1

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232 E State Street, Traverse City, MI 49684 - Image 3

232 E State Street, Traverse City, MI 49684 - Image 4

232 E State Street, Traverse City, MI 49684 - Image 5

232 E State Street, Traverse City, MI 49684 - Image 6

232 E State Street, Traverse City, MI 49684 - Image 7

232 E State Street, Traverse City, MI 49684 - Image 8

232 E State Street, Traverse City, MI 49684 - Image 9

232 E State Street, Traverse City, MI 49684 - Image 10

232 E State Street, Traverse City, MI 49684 - Image 11

232 E State Street, Traverse City, MI 49684 - Image 12

232 E State Street, Traverse City, MI 49684 - Image 13

232 E State Street, Traverse City, MI 49684 - Image 14

232 E State Street, Traverse City, MI 49684 - Image 15

232 E State Street, Traverse City, MI 49684 - Image 16

Commercial Property for sale in Traverse City, MI

for $654,750. This 2,182 square foot building was built in 2025 on a lot size of 0.16.

Downtown retail/office opportunity in the heart of Traverse City, Michigan. This 2,182.5 SF commercial condo space, constructed in 2025, offers an ideal canvas for retail or professional office space. With high visibility this property presents an exceptional prospect for those looking to capitalize on the dynamic landscape of Traverse City.

Commercial Active

Price

^$ 654,750

Property Type

Commercial

Taxes

^$ 0

Style

Retail/Commercial

Lot Size

0.16

Year Built

2025

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1930408

Features

General

Roof Membrane

Zoning Commercial

Sewer Municipal

Construction Steel Under Construction

Interior

Basement Slab

Exterior

Exterior Features Brick

* Excluded Features

List By

Three West, Llc

Broker

(231) 534-5225

Phone

Affordability Calculator

$4,085

Per Month

Monthly Principal & Interest: $4,085
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$539,584

Percent of Sale Price 18%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2034270 Elementary School

2034440 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/20/2025	$654,750	-13.46%	Price Down
1/27/2025	$756,600		Listed Price

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232 E State Street, Traverse City, MI, 49684 is a Commercial Property for sale at $654,750 with 2,182 sqft and a lot size of 0.16. 232 E State Street was built in 2025. The property's zip code is 49684 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern Great Lakes REALTORS® MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/14/2025.

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232 E State Street

Commercial Property for sale in Traverse City, MI

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