Professional Office
New
For Lease
$1,199/Mo
1001 Bay Street, Traverse City, MI 49684
COMMERCIAL - Traverse City, MI
Space SizeContact for details
Property Size1,000 SF
Lot Size0.84 Acres
Days on Market4
Property Features for 1001 Bay Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
Office
Parking features
Parking Lot
Exterior features
Wood, Brick
Lot features
Corner Lot
Directions
Building is located on the west corner of Bay and Elmwood Streets. There is an entrance to the parking lot on both streets. Enter on the west (Darrow Park) side of the building.
Subdivision
Grand Traverse
Standard status
Active
Size
1,000 SF
Lot size
0.84 Acres
Taxes and HOA fees
Tax Description
PRT OF LOT 2 SEC 4 T27N R11W DES AS COM 326 FT N OF NW COR HILL & ELMWOOD AVE TH W 189 FT TH N 36.5 FT TH W TO PT 10 FT S OF SE COR OF LOT 4 BLK 7 GOODRICH 3RD ADD TH N TO NE COR LOT 6 BLK 7 TH E TO SW'LY LINE OF BAY ST TH SE'LY ALONG ST TO W LINE ELMWOOD
Legal Description
PRT OF LOT 2 SEC 4 T27N R11W DES AS COM 326 FT N OF NW COR HILL & ELMWOOD AVE TH W 189 FT TH N 36.5 FT TH W TO PT 10 FT S OF SE COR OF LOT 4 BLK 7 GOODRICH 3RD ADD TH N TO NE COR LOT 6 BLK 7 TH E TO SW'LY LINE OF BAY ST TH SE'LY ALONG ST TO W LINE ELMWOOD
Building Details
Building materials
Block, Frame
Roof type
Membrane
Listing Agency:
Monarch Real Estates, LLC
(231) 946-6014
Listed By:
Mary Eckler
(231) 645-8276
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 6 at 8:06AM
MLS# 1948800
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 1,000-square-foot office unit provides a practical professional layout with two enclosed offices, a conference room, and a dedicated reception and waiting area. Exterior construction includes wood, brick, block, and frame elements, with a membrane roof.
The property is positioned along Bay Street in Traverse City’s Slabtown area, with views toward Darrow Park and West Bay. A parking lot provides on-site parking for occupants and visitors. The 0.84-acre property offers a defined setting for professional office use.
The property is positioned along Bay Street in Traverse City’s Slabtown area, with views toward Darrow Park and West Bay. A parking lot provides on-site parking for occupants and visitors. The 0.84-acre property offers a defined setting for professional office use.
Key Highlights
- 1,000‑square‑foot office unit with two private offices
- Conference room plus reception and waiting area
- On‑site parking lot
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.16 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,571
Businesses Nearby
Explore this area
Business Placement
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
$22.98 /SF/Yr
Avg Asking Price
$8.34–$56.57 /SF/Yr
Price Range
3,427 SF
Avg Space Size
This space is priced 37% below the average of $22.98 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - The suite combines private offices, a conference room, reception space, and on-site parking.
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: 1,000‑square‑foot office unit with two private offices; Conference room plus reception and waiting area; On‑site parking lot
