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    305 Front St Traverse City, MI 49684

    Sponsored
    For Lease
    $24 SF/Yr

    3,000 SF Retail, High Visibility

    Lot size:
    3,000 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    329
    This exceptional 3,000 square foot retail space is situated at a prime downtown Traverse City location on the corner of Front and Pine Streets, boasting over 10,000 vehicles passing daily. Its strategic placement offers maximum exposure, being just two blocks from The Open Space and across the river from the historic warehouse district, placing it within Traverse City's vibrant Loop, attracting over three million annual visitors. The space features a modern design with floor-to-ceiling windows along Pine Street, maximizing natural light and visibility. High 13-foot ceilings contribute to an open and airy feel, ideal for a variety of retail uses. The property is zoned C-4c and has an APN of 28-51-794-001-00 in Grand Traverse County. This multi-tenant building offers a unique opportunity to establish a presence in one of Michigan's fastest-growing tourist destinations, benefiting from high foot and vehicle traffic. The open floor plan provides flexibility for tenant build-out, while the abundant natural light creates an inviting atmosphere. This is an exceptional opportunity for a business seeking high visibility and a strong location within a thriving community.

    Property Features for 305 Front St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF

    Unit(s) available at that property

    Space
    305 W Front St, Ste D
    Size
    3,000 SF
    Rate per SF
    $24

    HighLights

    • 3,000 square feet of vacant street retail space available for lease.
    • Multiple tenancy retail property.
    • Located at 305 W Front St, Ste D, Traverse City, Grand Traverse County, MI; APN 28‑51‑794‑001‑00.
    • C‑4c zoning.
    • Prime downtown location with high visibility on a busy corner, boasting over 10,000 vehicles daily on Front Street and high pedestrian traffic on The Loop.
    • Features 13' ceilings, floor‑to‑ceiling windows, and an open floor plan with some existing office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    High Street Insurance ... Insurance Agency DIY Total Care ... Do-It-Yourself Shop Lauren B Yeomans Physical Therapist OMPT Specialists Physical ... Physical Therapy Clinic Michael Fahmy Physical Therapist

    Suggested Use

    Restaurant Law Firm Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Building Supply Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.625974139544
    Latitude
    44.76346687132

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    FAQs

    What type of property is this?
    Individual retail property - 3,000 SF Retail, High Visibility
    Where is this individual retail property located?
    The property is located at 305 Front St Traverse City, MI.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 3,000 square feet of vacant street retail space available for lease.; Multiple tenancy retail property.; Located at 305 W Front St, Ste D, Traverse City, Grand Traverse County, MI; APN 28-51-794-001-00.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    305 Front St Traverse City, MI 49684
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