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Second floor office condominium for sale in the heart of downtown Traverse City. The historic Hannah Lay Building boasts tall ceilings, exposed brick walls, wide hallways, 2 elevators with lobbies on Front Street and the alley behind the building. This suite is divided into 2 units with separate entrances off of the hallway. Unit B has a 4.5 year lease and Unit A is vacant with 3 offices and a reception area. Unit B tenant pays $32k/year gross making this a great investment opportunity or chance for a user of unit A to have most of their expenses paid for them by the tenant. The condominium by-laws allow the unit to be converted to residential (but not short term rental), if the buyer decided they prefer that use in the future. Parking is by permit in the adjacent city parking lot

Listing Agent: Daniel J Stiebel Courtesy of: Coldwell Banker Schmidt-522 IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, ©2022 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Updated: 23rd March, 2023 3:44 AM (UTC)