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Ground Floor Office Suite
For Lease
$1,250/Mo

806 Hastings, Traverse City, MI 49686

Ground floor office suite with a dedicated parking-lot entrance, reception, two offices, and cubicle workspace.

Space SizeContact for details
Property Size1,050 SF
Days on Market979

Property Features for 806 Hastings

General Information

Standard status Active
Size 1,050 SF
Zoning Commercial, Office

Building Details

Building Size 1,050 SF
Year Built 1973
Listing Agency: Coldwell Banker Schmidt-522
Listed By: Daniel J Stiebel · License #6502352362
Source: Sabudarealty
Added: Dec 18, 2023 Changed: Aug 8 Last Checked: Aug 23 at 12:52PM

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 Schmidt-522

Investment Insights

Based on property information with market context.

This ground floor office suite offers 1,050 SF and is laid out with its own entrance from the parking lot. Inside, you’ll find a reception area, two private offices, and a larger open workspace suitable for cubicles.

The location provides easy access with on-site parking and visibility, making it convenient for daily operations and client visits.

The monthly lease is $1,250, with utilities at $200 per month, for a total of $1,450 per month. The owner is a licensed real estate agent in Michigan.

Key Highlights

  • 1,050 SF ground floor office suite with its own entrance from the parking lot
  • Includes reception area plus 2 offices and a large cubicle workspace
  • Lease rate is $1,250/month with utilities at $200/month (total $1,450/month)

Property Analytics

Current Use

Stephen T. Priestap, ... Law Firm Bemidji Area Indian ... Health US Department of Labor Federal Government Office Sandra's Dress Making-Alterations (Bike/Boat/Book/etc) Store Traverse City Insurance ... Insurance Agency

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Electrical Service 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

NNN (Triple Net)
Lease Type
$2.14 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

860
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 39% below 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
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Frequently Asked Questions

What type of property is this?
Office units - Ground floor office suite with a dedicated parking-lot entrance, reception, two offices, and cubicle workspace.
Where is this office units located?
The property is located at 806 Hastings Traverse City, MI.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: 1,050 SF ground floor office suite with its own entrance from the parking lot; Includes reception area plus 2 offices and a large cubicle workspace; Lease rate is $1,250/month with utilities at $200/month (total $1,450/month)
More about this property
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