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Ground-Floor Office Unit
For Lease
$425/Mo

806 Hastings, Traverse City, MI 49686

Single-room office suite with a large window and access to a shared lobby waiting area.

Space Size121 SF
Days on Market962

Property Features for 806 Hastings

General Information

Standard status Active
Size 121 SF
Net Rentable 121 SF
Zoning Commercial, Office

Space & Availability

Available Space 121 SF
Contiguous Space 121 SF
Floor Ground Floor
Space Use Office
Private Offices 1

Lease Terms

Lease Rate $425 /USD/MO
Total Rate $425
Monthly Rent $425
Rent per SF/Year $42.15

Amenities

shared waiting area

Building Details

Building Size 121 SF
Year Built 1973
Listing Agency: Coldwell Banker Schmidt-522
Listed By: Daniel J Stiebel · License #6502352362
Source: Sabudarealty
Added: Jan 4, 2024 Changed: Aug 16 Last Checked: Aug 23 at 11:55AM

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 121 SF ground-floor office unit provides a compact, single-room configuration with a large window for natural light. Tenants also have access to a shared waiting area in the lobby, creating a practical reception arrangement without adding private common-area requirements to the suite. Utilities are included with the lease.

The property is located at 806 Hastings in Traverse City, with on-site parking and convenient access. Commercial and office zoning supports the property’s stated office use. The building was constructed in 1973, and larger suites are also available within the property.

Key Highlights

  • 121 SF ground‑floor office unit
  • Single‑room suite with a large window
  • Shared waiting area in the lobby

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
$6.32 /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 80% 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
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Frequently Asked Questions

What type of property is this?
Office units - Single-room office suite with a large window and access to a shared lobby waiting area.
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 $425/Mo.
What are key features of this property?
This property features: 121 SF ground‑floor office unit; Single‑room suite with a large window; Shared waiting area in the lobby
More about this property
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