830 - 102 Cottageview Drive # Unit: 102
Traverse City, MI, 49684 $ 625,000
Bedrooms-- Baths-- Sq 2,703 Monthly Estimate*
$ 3,899
for $625,000. This 2,703 square foot building was built in 1886.
Prime Office Space for Sale in the Iconic Grand Traverse Commons ââ¬â Updated, Light-Filled, and Move-In Ready! Donââ¬â¢t miss this rare opportunity to own a beautifully updated commercial office space in the heart of the historic Grand Traverse Commons in Traverse City, Michigan. Surrounded by boutique shops, cafes, restaurants, breweries, wineries, hiking trails, and the peaceful botanical gardens, this space offers the perfect blend of functionality, character, and location. This expansive office suite features 7 private offices, a large open bull-pen area with all new cubicles and stand-up desks included, a conference room, reception area, and a kitchenetteââ¬âmaking it ideal for businesses looking for a turnkey setup. Since 2022, the space has been thoughtfully updated with: New carpet, Refinished hardwood floors, Fresh paint throughout, New dishwasher, and all-new cubicle systems and furniture. Massive 8-foot windows flood the space with natural light, creating an inspiring and productive work environment. Enjoy the convenience of free onsite parking, a rare find in such a central and walkable location. Currently configured with two tenants on month-to-month leasesââ¬âone occupying 2,300 square feet and the other 400 square feetââ¬âthis property offers flexibility for owner-users or investors seeking rental income. Note: HOA regulations allow residential use only on upper levels, so this space must remain commercial. Whether you're expanding your business, relocating to a destination location, or looking for a strong investment property in a high-demand area, this Grand Traverse Commons office suite is a truly unique offering.
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FeaturesGeneralHeating Forced Air Heat Pump(s)
Cooling Central A/C Heat Pump(s)
Possession At Close
Roof Asphalt
Water Public Water
Status Active Active
Year Built 1886
Parking Parking Lot
Subdivision Village at GT Commons MI
County Grand Traverse
Class COM/IND/BUS OPP
Type Business
Business Name Brencap Real Estate LLC
Ownership Corporation
Municipality Traverse City
Section 9
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Commercial Features ADA Accessible Elevator(s) Fixtures Sprinkler System
Area Traverse City (28021)
Primary City Traverse City
Location Office Park Shopping Center
Directions From Medical Campus Dr: S on Cottageview Dr
City Traverse City
Financial Terms Cash Commercial Loan Conventional
Legal Description UNIT 102 SOUTHVIEW CONDOMINIUM IN THE VILLAGE AT GRAND TRAVERSE COMMONS
DOM 138
Postal Code 49684
Price Per Sq Ft Total AG 231.22
Public Remarks Prime Office Space for Sale in the Iconic Grand Traverse Commons ââ¬â Updated Light-Filled
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ExteriorExterior Block Brick
Lot Size Area 0
Lot Dimensions 183x93 - see documents
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InteriorCeiling Height Less than 16 Ft.
Fuel Type Electric Natural Gas
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* Excluded FeaturesList ByShelby NewhouseListing Agent
Wentworth Real Estate GroupBroker
Shelby@johnwentworthgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,899
- Monthly Property Taxes
- --
- Monthly 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.
Learn more about how to save NearbyCommerical listings in Traverse City, MI
Average List Price $683,222
Percent of Sale Price 9%
About Traverse City, MI 15,817 Population
7% Since 2002
$ 49,237 Median Income
41.86 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/8/2025 | $625,000 | | Listed Price |