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Private Office Units
For Lease
$450/Mo

537 S Garfield Avenue, Traverse City, MI 49686

Commercial, Traverse City, MI

Space SizeContact for details
Lot Size0.19 Acres
Days on Market256

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 · License #6501461941
Added: Jan 13 Changed: Sep 1 Last Checked: Sep 26 at 9:06AM
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.

Four separate private offices are available for lease within a professional office building. The property has a frame structure, vinyl exterior, asphalt roof, and an on-site parking lot. The listed property size is 96 square feet, and the parcel encompasses 0.19 acres.

The building is positioned at S Garfield Avenue and E Eighth, an area reporting more than 21,000 cars per day. Its Traverse City setting and direct access to a high-volume intersection provide a practical location for office users seeking visibility and convenient parking.

Key Highlights

  • Four separate private offices available for lease
  • More than 21,000 cars per day at S Garfield Avenue and E Eighth
  • 96 square feet listed property size

Property Analytics

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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 Carpet & Flooring Store (Bike/Boat/Book/etc) 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

988
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Traverse City, MI

$23.19 /SF/Yr
Avg Asking Price
$9–$56.57 /SF/Yr
Price Range
3,362 SF
Avg Space Size

This space is priced 143% above the average of $23.19 /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 - Four individual office suites are available within a professional building along a high-traffic commercial 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: Four separate private offices available for lease; More than 21,000 cars per day at S Garfield Avenue and E Eighth; 96 square feet listed property size
More about this property
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