232 E State Street # B Traverse City, MI ^$ 610,000

232 E State Street # B

^$ 610,000

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Recently Listed New Construction

232 E State Street # B

Traverse City, MI, 49684

^$ 610,000

Bedrooms-- Baths-- Sq 2,034

Monthly Estimate*

^$ 3,756

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

232 E State Street # B, Traverse City, MI 49684 - Image 2

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

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

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

Commercial Property for sale in Traverse City, MI

for $610,000. This 2,034 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 2,034 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

^$ 610,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.16

Year Built

2025

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1945007

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Cooling Central Air

Possession Close Of Escrow

Roof Membrane

Construction Materials Steel Siding Brick

Year Built 2025

Township Traverse City

Unit Number B

Property Subtype Retail

Business Type Food & Beverage Professional/Office Retail Professional Service

Accessibility Accessible Entrance

Assoc Fee Paid Per Annually

Business Name None

County Grand Traverse

New Construction N

Property Type Commercial Sale

Attached Garage N

Subdivision Name None

Garage Y/N N

Building Features None

Rent Includes None

Status New

Directions South side of E State St between Cass St and Park St.

City Traverse City

Zoning Description Commercial

Lot Size Units Acres

Lot Size Square Feet 6969.6

Carport Y/N N

Home Warranty Y/N N

Property Condition Under Construction

Lease Renewal Y/N N

Lease Considered Y/N N

Living Area Units Square Feet

Standard Status Active

Tax Assessed Value 442162

Ownership Type Private Owner

Lease Amount Frequency Annually

Legal Description Part of UNIT 92 - BOARDWALK CONDO GTC CONDO SUB PLAN NO 517 2023C-00057 MASTER DEED FILED DECEMBER 12 2023. SPLIT/COMBINED ON 12/15/2023 FROM 28-51-794-088-00 CREATING CHILDREN 28-51-164-000-00 THRU

Freehold IDX

Exterior

Parking Features On Street

Lot Features Interior Lot

Water Source Public

Lot Size Area 0.16

Foundation Details Slab

Spa N

Lot Dimensions 132 x 166

Lot Size Acres 0.16

Other Parking Street Parking

Waterfront Y/N N

Road Responsibility Public Maintained Road

Horse Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Below Grade Finished Area Unit Type Square Feet

Above Grade Finished Area Unit Type Square Feet

* Excluded Features

List By

Three West, Llc

Broker

(231) 534-5225

Phone

Affordability Calculator

$3,756

Per Month

Monthly Principal & Interest: $3,756
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$811,360

Percent of Sale Price 33%

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
5/12/2026	$610,000		Listed Price

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232 E State Street # B, Traverse City, MI, 49684 is a Commercial Property for sale at $610,000 with 2,034 sqft and a lot size of 0.16. 232 E State Street # B 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 6.25% 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 5/14/2026.

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232 E State Street # B

Commercial Property for sale in Traverse City, MI

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