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876 Robinwood Ct 4,568 SF 100% Leased Industrial Building Traverse City, MI 49686 $550,000 ($120.40/SF)



Investment Highlights
- In-Town Central Location
- 3 Overhead Doors
- Flexible Space Options
- Lower Garfield Township Property Tax
Executive Summary
Rare in-town office/warehouse property with central Traverse City location off Barlow St. Includes 2 office areas with 984 sq ft and 3 adjoining warehouse areas (each with overhead door) with 3,584 sq ft. Four restrooms (one with shower), 220V power and multiple water connection locations. Tenant leases are month-to-month. Tenants would extend if not all the space needed for buyer occupancy. The property benefits from lower Garfield Township property tax rates. General Mixed-Use Industrial Business (I-G) zoning allows for a variety of uses including live/work.
Property Facts
| Price | $550,000 | Lot Size | 0.35 AC |
| Price Per SF | $120.40 | Rentable Building Area | 4,568 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1990 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | I -G - Industrial General | ||
| Price | $550,000 |
| Price Per SF | $120.40 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.35 AC |
| Rentable Building Area | 4,568 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Opportunity Zone |
Yes |
| Zoning | I -G - Industrial General |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 05-046-094-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $182,400 |
Property Taxes
Parcel Number
05-046-094-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$182,400
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