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    130 S Union St Traverse City, MI 49684

    For Lease
    $16 SF/Yr ($6,666 /Mo)

    Office Building,Service - Traverse City, MI

    Property size:
    5,000 SF
    Lot size:
    0.15 Acres
    Days on Market:
    49
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 130 S Union St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    5,000 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2007
    Roof type
    Membrane
    Architectural style
    Other

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

    Listing agent Kevin Endres (231) 929-2955

    Listing date Oct 27, 2025

    MLS# 1905386 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

    Class A Office Space Available

    This Class A professional office building is situated in the Central Business District of Traverse City, Michigan, a few blocks from Lake Michigan. The building has 15,540 square feet across three floors, featuring private offices, large open workspace areas, a board room, conference rooms, kitchenettes, and restrooms on each floor. It is located on the northwest corner of Union Street and State Street. Parking includes public on-street options and city surface lot permit parking. This offering is for either the second or third floor, available through a NNN sublease expiring on February 29, 2028. The tenant is responsible for all utilities, paid directly to the utility companies. The estimated NNN expenses are $7.36 per square foot. The lot size is 0.15 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    -85.624179
    Latitude
    44.763056

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    FAQs

    What type of property is this?
    Office building - Professional office building in Traverse City's Central Business District.
    Where is this office building located?
    The property is located at 130 S Union St Traverse City, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Class A professional office space in Traverse City's Central Business District.; - Choice of floor 2 or 3 available for sublease through 2/29/2028.; - Located just blocks from Lake Michigan.
    (231) 929-2955
    Request Owner's contact information
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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
    130 S Union St Traverse City, MI 49684
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