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Single-Room Office Unit
For Lease
$450/Mo

1015 Noteware Drive, Traverse City, MI 49686

Commercial, Traverse City, MI

Space SizeContact for details
Lot Size0.60 Acres
Days on Market200

Property Features for 1015 Noteware Drive

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 Three Mile Road just north of Vanderlip Road
Subdivision Grand Traverse
Standard status Active
Size 110 SF
Lot size 0.60 Acres

Taxes and HOA fees

Tax Description PRT SW 1/4 OF NW 1/4 SEC 20 T27N R10W COM AT TH W 1/4 COR OF SD SEC 20 TH N 02 DEG 02'25" E ALG TH W LN OF SD SEC 20, 300' TO TH POB; TH N 02 DEG 02'25" E CONT ALG SD W LN, 132.82'; TH S 88 DEG 39'40" E PARL WITH TH E-W 1/4 LN 200', TH S 02 DEG 02'25"W...
Legal Description PRT SW 1/4 OF NW 1/4 SEC 20 T27N R10W COM AT TH W 1/4 COR OF SD SEC 20 TH N 02 DEG 02'25" E ALG TH W LN OF SD SEC 20, 300' TO TH POB; TH N 02 DEG 02'25" E CONT ALG SD W LN, 132.82'; TH S 88 DEG 39'40" E PARL WITH TH E-W 1/4 LN 200', TH S 02 DEG 02'25"W...

Amenities

kitchenette
conference room
lobby area

Building Details

Building materials Frame
Roof type Asphalt
Listing Agency: EXIT Northern Shores-TC · EXIT Realty
Listed By: Stephen Karas · License #6501387018
Added: Feb 2 Changed: Aug 19 Last Checked: Aug 21 at 3:06AM
MLS# 1942000

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 110-square-foot office unit is configured as one private room within a larger office setting. Tenants share access to a kitchenette, conference room, and lobby, creating common areas alongside the individual workspace. The property includes a parking lot and features frame construction, vinyl exterior, and an asphalt roof.

Located off Three Mile Road in Traverse City, the office is part of a three-room arrangement, with this offering representing one room only.

Key Highlights

  • 110‑square‑foot private office room
  • Shared kitchenette, conference room, and lobby
  • Located off Three Mile Road in Traverse City

Property Analytics

Current Use

Millward Custom Homes General Contractor Kurtz Movers Moving Company Global Environmental Environmental Consultant Drink Branders, LLC Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store HVAC Service Pharmacy Restaurant

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
$7.36 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

55
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

$23.38 /SF/Yr
Avg Asking Price
$8.34–$56.57 /SF/Yr
Price Range
3,227 SF
Avg Space Size

This space is priced 110% above the average of $23.38 /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 - Shared kitchenette, conference room, and lobby provide supporting common areas.
Where is this office units located?
The property is located at 1015 Noteware Drive Traverse City, MI.
What is the lease rate?
The lease rate is $450/Mo.
What are key features of this property?
This property features: 110‑square‑foot private office room; Shared kitchenette, conference room, and lobby; Located off Three Mile Road in Traverse City
More about this property
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