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Two-Office Professional Suite
For Lease
$1,199/Mo

1001 Bay Street, Traverse City, MI 49684

Professional office space includes dedicated workrooms, meeting space, and a welcoming reception area.

Space SizeContact for details
Property Size1,000 SF
Days on Market10

Property Features for 1001 Bay Street

General Information

Standard status Active
Size 1,000 SF
Property subtype Office

Space & Availability

Space Use Office
Private Offices 2
Meeting Rooms 1

Amenities

reception/waiting area

Building Details

Building Size 1,000 SF
Year Built 1963
Listing Agency: Monarch Real Estates, LLC
Listed By: Mary Eckler
Source: Themittengroup
Added: Aug 3 Changed: Aug 11 Last Checked: Aug 11 at 7:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Monarch Real Estates, LLC

Investment Insights

Based on property information with market context.

This office suite, completed in 1963, provides a practical professional layout with two private offices, a conference room, and a reception or waiting area. The configuration supports a combination of individual work areas, meetings, and visitor arrival functions within one premises.

The property is located along Bay Street in Traverse City’s Slabtown area on the city’s west side. Its outlook includes Darrow Park and West Bay, while abundant parking is available for occupants and visitors.

Key Highlights

  • Two private offices within the suite
  • Conference room for meetings
  • Reception and waiting area

Property Analytics

Current Use

Hirzel Law, PLC ... Law Firm Baird Fixed Income ... Financial Advisor Baird Private Wealth ... Financial Advisor Universal Cleaners LLC General Contractor Perspectives Home Designs Renovation Specialist

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

1,571
Businesses Nearby

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

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
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Frequently Asked Questions

What type of property is this?
Office units - Professional office space includes dedicated workrooms, meeting space, and a welcoming reception area.
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 $1,199/Mo.
What are key features of this property?
This property features: Two private offices within the suite; Conference room for meetings; Reception and waiting area
More about this property
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