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Office Suite with Conference Room
For Lease
$3,499/Mo

1501 Cass Street, Traverse City, MI 49684

A multi-room office layout includes a reception area, kitchen and dedicated storage space.

Space SizeContact for details
Property Size3,600 SF
Days on Market1053

Property Features for 1501 Cass Street

General Information

Standard status Active
Size 3,600 SF
Zoning Office

Space & Availability

Space Use Office
Private Offices 5
Meeting Rooms 1

Additional Details

Road Access Yes

Building Details

Building Size 3,600 SF
Year Built 1959
Listing Agency: Monarch Real Estates, LLC
Listed By: Mary Kathryn Eckler
Source: Centralmirealty
Added: Dec 20, 2023 Changed: Nov 4 Last Checked: Nov 4 at 10:25AM

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 Monarch Real Estates, LLC

Rey
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Investment Insights

Based on property information with market context.

The 2,100-square-foot office suite is arranged with five offices, a waiting and reception area, a small conference room, a storage/IT closet, and a kitchen and break area. Appliances are not included. The suite is within a 21,000-square-foot building constructed in 1959, with more than 120 on-site parking spaces.

The property fronts a main artery and overlooks Boardman Lake. Downtown and South Airport Road are each approximately 1 mile away.

Key Highlights

  • Five offices, plus a waiting and reception area
  • Small conference room, storage/IT closet, and kitchen/break area
  • 2,100‑square‑foot suite in a 21,000‑square‑foot building

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Precious Moments HD ... Medical Clinic Traverse Tax & Accounting Accounting Firm PharmaLogic Pharmacy The Running Wise Law ... Law Firm USDA Farm Service ... Federal Government Office

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Garden Center Grocery & Convenience Store Storage Facility

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

348
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Traverse City, MI

$24.34 /SF/Yr
Avg Asking Price
$12–$56.57 /SF/Yr
Price Range
4,035 SF
Avg Space Size

This space is priced 52% below the average of $24.34 /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

Frequently Asked Questions

What type of property is this?
Office unit - A multi-room office layout includes a reception area, kitchen and dedicated storage space.
Where is this office unit located?
The property is located at 1501 Cass Street Traverse City, MI.
What is the lease rate?
The lease rate is $3,499/Mo.
What are key features of this property?
This property features: Five offices, plus a waiting and reception area; Small conference room, storage/IT closet, and kitchen/break area; 2,100‑square‑foot suite in a 21,000‑square‑foot building
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