Second-Floor Office
For Lease
$28 SF/Yr
Pending
280-125 S Park St, Traverse City, MI 49684
Second-floor suite with two offices and west-facing views, with modified gross expenses covered except electricity.
Space SizeContact for details
Days on Market526
Property Features for 280-125 S Park St
General Information
Standard status
Pending
Class
A
Listing Agency:
G.A. Snowden Associates
(231) 632-6007
Listed By:
Gerald Snowden · License #6502118151
(231) 632-6007
Source:
Exprealty
Added: Mar 16, 2025
Changed: Aug 20
Last Checked: Aug 23 at 4:13AM
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 G.A. Snowden Associates
Investment Insights
Based on property information with market context.
This second-floor office suite includes two offices within a Class “A” office building. The space offers westerly views of the city, making it suitable for professional use that benefits from a dedicated interior layout. The suite is offered for rent in a building with 24-hour electronic security.
The building is centrally located downtown and positioned close to dining, banks, the courthouse, and Park Place Hotel. Access for tenants is supported by ample nearby parking, including optional reserved covered parking in the adjacent public parking deck and street parking just steps from the office entrance.
The lease is structured as a modified gross arrangement, with heating/cooling, janitorial, taxes, insurance, and maintenance included in the lease rate. Electricity is the only operating expense called out as excluded, with no additional costs noted for other operating expenses. This configuration is a strong fit for small teams that want a ready-to-use second-floor office setup and predictable monthly occupancy expenses.
The building is centrally located downtown and positioned close to dining, banks, the courthouse, and Park Place Hotel. Access for tenants is supported by ample nearby parking, including optional reserved covered parking in the adjacent public parking deck and street parking just steps from the office entrance.
The lease is structured as a modified gross arrangement, with heating/cooling, janitorial, taxes, insurance, and maintenance included in the lease rate. Electricity is the only operating expense called out as excluded, with no additional costs noted for other operating expenses. This configuration is a strong fit for small teams that want a ready-to-use second-floor office setup and predictable monthly occupancy expenses.
Key Highlights
- Second‑floor office suite with two offices and westerly city views
- 639 rentable SF second‑floor suite in a Class A office building
- Modified gross lease includes all operating expenses except electricity
Property Analytics
Property Profile
Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
1,418
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
$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 20% above the average of $23.38 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor suite with two offices and west-facing views, with modified gross expenses covered except electricity.
Where is this office units located?
The property is located at 280-125 S Park St Traverse City, MI.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Second‑floor office suite with two offices and westerly city views; 639 rentable SF second‑floor suite in a Class A office building; Modified gross lease includes all operating expenses except electricity
