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    117 Union St Traverse City, MI 49684

    For Lease
    $17 SF/Yr ($3,663 /Mo)

    Office Building - Traverse City, MI

    Property size:
    2,586 SF
    Lot size:
    0.06 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 117 Union St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Size
    2,586 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Building materials
    Brick
    Roof type
    Membrane
    Architectural style
    Other

    Three West, LLC (231) 929-2955 [email protected]

    Listing agent David Frost (231) 929-2955

    Listing date Oct 10, 2025

    MLS# 1939501 Listing URL

    Copyright © 2025 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.

    Overview

    Downtown Office Space Available

    This is a high-quality, second-floor office space located in downtown Traverse City. The office features an open layout with ample glass and exposed brick. It includes three private offices, a reception area, and a kitchen/coffee area. The remaining space is an open workspace that can be modified for offices or cubicles. The office has wood floors and is fully wired for an audio system and speakers. A new furnace was installed in October 2025. The property is EPS monitored for smoke, fire alarm, movement, and door security. Taxes and insurance are approximately $2.25 per square foot. The intended use of the property is for office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Union Street Station Bar Verts Neighborhood Cannabis ... Cannabis Store

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.623446
    Latitude
    44.763392

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    FAQs

    What type of property is this?
    Office space - High-quality downtown office space with exposed brick and wood floors.
    Where is this office space located?
    The property is located at 117 Union St Traverse City, MI.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - High-quality downtown office space with EXPOSED BRICK and WOOD FLOORS.; - Open workspace adaptable for offices or cubicles, plus three private offices, reception, and kitchen area.; - Comprehensive security system monitored by EPS for smoke, fire, movement, and door security.
    (231) 929-2955
    Request Owner's contact information
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    Traverse City, MI 49684
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 Union St Traverse City, MI 49684
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