Professional Office Suite with Two
For Lease
$1,099/Mo
1001 Bay Street, Traverse City, MI 49684
COMMERCIAL - Traverse City, MI
Space SizeContact for details
Lot Size0.84 Acres
Days on Market42
Property Features for 1001 Bay Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
Office
Parking features
Parking Lot
Exterior features
Wood, Brick
Lot features
Corner Lot
Directions
Building is located on the west corner of Bay and Elmwood Streets. There is an entrance to the parking lot on both streets. Enter on the west (Darrow Park) side of the building.
Subdivision
Grand Traverse
Standard status
Active
Size
1,000 SF
Lot size
0.84 Acres
Taxes and HOA fees
Tax Description
PRT OF LOT 2 SEC 4 T27N R11W DES AS COM 326 FT N OF NW COR HILL & ELMWOOD AVE TH W 189 FT TH N 36.5 FT TH W TO PT 10 FT S OF SE COR OF LOT 4 BLK 7 GOODRICH 3RD ADD TH N TO NE COR LOT 6 BLK 7 TH E TO SW'LY LINE OF BAY ST TH SE'LY ALONG ST TO W LINE ELMWOOD
Legal Description
PRT OF LOT 2 SEC 4 T27N R11W DES AS COM 326 FT N OF NW COR HILL & ELMWOOD AVE TH W 189 FT TH N 36.5 FT TH W TO PT 10 FT S OF SE COR OF LOT 4 BLK 7 GOODRICH 3RD ADD TH N TO NE COR LOT 6 BLK 7 TH E TO SW'LY LINE OF BAY ST TH SE'LY ALONG ST TO W LINE ELMWOOD
Building Details
Building materials
Block, Frame
Roof type
Membrane
Listing Agency:
Monarch Real Estates, LLC
(231) 946-6014
Listed By:
Mary Eckler
(231) 645-8276
Added: Jul 2
Changed: Aug 4
Last Checked: Aug 12 at 2:06AM
MLS# 1947525
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This professionally finished office suite is set up for practical day-to-day operations. The space includes two private offices along with a conference room, waiting area, break area, storage closet, and an IT room, supporting both client meetings and in-office workflow. The suite is located within a larger slab-on-grade office building.
The building is positioned on the west side of Slabtown along Bay Street. From the property, the setting overlooks Darrow Park and West Bay, and the offering also includes abundant parking for staff and visitors.
For tenants seeking a classic-modern professional environment, this layout offers separate private work areas while keeping shared functions—such as client waiting and conferencing—conveniently grouped. The presence of dedicated IT space and additional storage can help keep day-to-day operations organized. With on-site parking and a straightforward suite plan, the space is well suited for professional services that need both private offices and areas to receive clients.
The building is positioned on the west side of Slabtown along Bay Street. From the property, the setting overlooks Darrow Park and West Bay, and the offering also includes abundant parking for staff and visitors.
For tenants seeking a classic-modern professional environment, this layout offers separate private work areas while keeping shared functions—such as client waiting and conferencing—conveniently grouped. The presence of dedicated IT space and additional storage can help keep day-to-day operations organized. With on-site parking and a straightforward suite plan, the space is well suited for professional services that need both private offices and areas to receive clients.
Key Highlights
- Professional suite with two private offices, conference room, waiting area, break area, storage closet, and IT room
- Suite located along Bay Street overlooking Darrow Park and West Bay
- Abundant on‑site parking with parking lot setup
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.98 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,571
Businesses Nearby
Explore this area
Business Placement
Demographics for 49684, MI
22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
Median Home Value
Market
Lease Benchmarks for Traverse City, MI
$22.87 /SF/Yr
Avg Asking Price
$8.34–$56.57 /SF/Yr
Price Range
3,630 SF
Avg Space Size
This space is priced 42% below the average of $22.87 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Suite includes two private offices, conference and waiting areas, plus break, storage, and IT room with ample parking.
Where is this office units located?
The property is located at 1001 Bay Street Traverse City, MI.
What is the lease rate?
The lease rate is $1,099/Mo.
What are key features of this property?
This property features: Professional suite with two private offices, conference room, waiting area, break area, storage closet, and IT room; Suite located along Bay Street overlooking Darrow Park and West Bay; Abundant on‑site parking with parking lot setup
