116 Boardman Ave, Traverse City, MI, 49684

116 Boardman Ave Traverse City, MI 49684

116 Boardman Ave, Traverse City, MI, 49684
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,100,000
Last Verified:
Sep 25, 2024

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Highlights

  • Downtown Location
  • Multiple Tenant Option
  • Onsite Parking
  • Private Office w/Private Bathroom & Shower
  • Breakroom
  • 5 Private Offices
  • Open Work Area

Description

Downtown Traverse City professional office building featuring a split level design which will easily accommodate two tenants or owner occupy it all. Property does have private parking onsite and is conveniently located within the same block as the Hardy parking structure. Short walking distance to shops, restaurants, the bay, and all downtown has to offer.

West side of Boardman Ave between State St and Front St.


Year Built: 1972
Building Size: 3000sq ft
Building Class: B
Lot Size: 0.14 acres


Documents

Sale Brochure

Map of 116 Boardman Ave, Traverse City, MI, 49684

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.