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Professional Office Building with Private Offices
For Lease
$450/Mo

537 S Garfield Avenue, Traverse City, MI 49686

COMMERCIAL - Traverse City, MI

Space SizeContact for details
Property Size96 SF
Lot Size0.19 Acres
Days on Market205

Property Features for 537 S Garfield Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning description Commercial
Parking features Parking Lot
Exterior features Vinyl
Lot features Freestanding
Directions East side of S Garfield Ave between E Eighth St and Hannah Ave.
Subdivision Grand Traverse
Standard status Active
Size 96 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description UNIT 2 - GARFIELD PLAZA PHASE 2 GTC CONDO SUB PLAN NO 30 0624-0536 MASTER DEED FILED NOVEMBER 1, 1984.
Legal Description UNIT 2 - GARFIELD PLAZA PHASE 2 GTC CONDO SUB PLAN NO 30 0624-0536 MASTER DEED FILED NOVEMBER 1, 1984.

Building Details

Building materials Frame
Roof type Asphalt
Listing Agency: Three West, LLC
Listed By: Noah Endres
Added: Jan 13 Changed: Aug 4 Last Checked: Aug 6 at 11:06PM
MLS# 1941713

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 professional office building is set up with four separate private offices available for lease. The property is listed at 96 square feet, and the interior configuration supports tenants that prefer dedicated, enclosed workspaces rather than open-plan arrangements.

The building is located at 537 S Garfield Avenue in Traverse City, MI, in a high-traffic area at the intersection of S Garfield Ave and E Eighth. The listing notes more than 21,000 cars per day passing through the corridor, which can be an asset for businesses that benefit from frequent local visibility.

With four private offices under one roof, the space is a practical fit for professional services, consultants, or other small teams looking for individually separated offices. Tenants can choose from the separate private office offerings for day-to-day operations while remaining within a compact, office-focused property. For landlords and brokers, the existing office layout provides straightforward leasing options within a commercial building on a heavily traveled route.

Key Highlights

  • Professional office building located at S Garfield Ave and E Eighth in a high‑traffic area with over 21,000 cars per day
  • Includes 4 separate private offices for lease
  • Vinyl exterior with frame construction

Property Analytics

Current Use

Management And Behavior Consultants Physician Barbara Diedrick Physician Bay Area Computers Electronics & Wireless Store Joyous Life Counseling Counselor Training By K ... Gym & Fitness Center

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Locksmith Barber Shop (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$8.44 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

863
Businesses Nearby

Demographics for 49686, MI

25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value

Market

Lease Benchmarks for Traverse City, MI

$22.98 /SF/Yr
Avg Asking Price
$8.34–$56.57 /SF/Yr
Price Range
3,427 SF
Avg Space Size

This space is priced 145% above the average of $22.98 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office suites feature four private offices and strong visibility along the S Garfield Ave and E Eighth corridor.
Where is this office units located?
The property is located at 537 S Garfield Avenue Traverse City, MI.
What is the lease rate?
The lease rate is $450/Mo.
What are key features of this property?
This property features: Professional office building located at S Garfield Ave and E Eighth in a high‑traffic area with over 21,000 cars per day; Includes 4 separate private offices for lease; Vinyl exterior with frame construction
More about this property
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