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Multi-Office Building
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Pending

1026 Hannah Avenue, Traverse City, MI 49686

C-3-zoned office property with existing occupancy, in-place leases, and potential for an owner-occupant structure.

Property Size9,600 SF
Days on Market144

Property Features for 1026 Hannah Avenue

General Information

Standard status Pending
Size 9,600 SF
Property subtype Office
Zoning C-3
Occupancy 100%

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Schmidt, Realtors Traverse City
Listed By: Ken Kleinrichert · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 10:21AM

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 Coldwell Banker Commercial Schmidt, Realtors Traverse City

Investment Insights

Based on property information with market context.

This 9,600-square-foot office building is configured for multiple offices and is fully occupied under existing leases. The property may also accommodate an owner-occupant strategy, subject to the applicable lease arrangements and zoning requirements.

Located at 1026 Hannah Avenue in Traverse City, the building sits 150 feet west of the Hannah Avenue and Garfield Avenue corner. C-3 zoning supports a range of uses identified in the source information, including office, retail, and short-term rentals. The property is offered for sale with established tenancy in place.

Key Highlights

  • 9,600‑square‑foot multi‑office building
  • Fully occupied with leases in place
  • C‑3 zoning permits office, retail, and short‑term rentals

Property Analytics

Current Use

Grand River Navigation ... Freight Service Enliven Massage and Wellness Spa & Massage Center Lotus Nails Nail Salon Enliven Center for Lymphatic Lymph Drainage Therapist Alchimia Tattoo Studio ... Tattoo & Piercing Shop

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Big Box & Wholesale Store HVAC Service Garden Center Food Market

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

900
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

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 building - C-3-zoned office property with existing occupancy, in-place leases, and potential for an owner-occupant structure.
Where is this office building located?
The property is located at 1026 Hannah Avenue Traverse City, MI.
What are key features of this property?
This property features: 9,600‑square‑foot multi‑office building; Fully occupied with leases in place; C‑3 zoning permits office, retail, and short‑term rentals
More about this property
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