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Professional Office Units with NNN Sublease
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130 Union Street, Traverse City, MI 49684

Flexible office floors provide private rooms, collaborative areas, meeting space, kitchenettes, and restrooms in a downtown setting.

Property Size15,540 SF
Days on Market1427

Property Features for 130 Union Street

General Information

Standard status Active
Size 15,540 SF
Class Class A
Property subtype General Commercial

Amenities

board room
conference rooms
kitchenettes
3
39 X 166

Building Details

Year Built 2007
Buildings 1
Stories 3
Building Size 15,540 SF
Listing Agency: Three West, LLC
Listed By: Kevin Endres · License #6505352968
Source: Xome
Added: Sep 27, 2022 Changed: Aug 23 Last Checked: Aug 23 at 2:38AM

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 Three West, LLC

Investment Insights

Based on property information with market context.

Office space is available on either the second or third floor of a three-story professional building completed in 2007. The 5,000-square-foot offering includes private offices, expansive open work areas, a boardroom, conference rooms, kitchenettes, and restrooms. The premises are offered through a NNN sublease extending through February 29, 2028, with utilities paid directly by the tenant.

The property occupies the northwest corner of Union Street and State Street in the Central Business District of Traverse City, within blocks of Lake Michigan. Parking consists of public on-street spaces and permit parking in a city surface lot.

Key Highlights

  • Choice of second- or third‑floor office space
  • 5,000 SF offering with private offices and open workspace
  • Boardroom, conference rooms, kitchenettes, and restrooms included

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Electrical Service HVAC Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,052
Businesses Nearby

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

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 - Flexible office floors provide private rooms, collaborative areas, meeting space, kitchenettes, and restrooms in a downtown setting.
Where is this office units located?
The property is located at 130 Union Street Traverse City, MI.
What are key features of this property?
This property features: Choice of second- or third‑floor office space; 5,000 SF offering with private offices and open workspace; Boardroom, conference rooms, kitchenettes, and restrooms included
More about this property
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