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Office Suite with Conference Room
For Lease
$21 SF/Yr NNN

309 Cass Street, Traverse City, MI 49684

The workspace includes private offices, a reception area, and a kitchenette.

Space SizeContact for details
Property Size1,120 SF
Days on Market984

Property Features for 309 Cass Street

General Information

Standard status Active
Size 1,120 SF
Zoning Commercial

Additional Details

Space Use Office

Amenities

conference room
reception area
restroom
kitchenette

Building Details

Building Size 1,120 SF
Year Built 2012
Listing Agency: CENTRAL REAL ESTATE MT PLEASANT, INC.
Listed By: Dave Zamarron · License #6502102202
Source: Centralmirealty
Added: Feb 27, 2024 Changed: Nov 4 Last Checked: Nov 4 at 2:13PM

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 CENTRAL REAL ESTATE MT PLEASANT, INC.

Rey
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Investment Insights

Based on property information with market context.

This professional office suite features contemporary finishes and natural light, with private offices, a conference room, reception area, restroom, and kitchenette. The building dates to 2012, and the space is zoned Commercial.

The property sits along the Boardman River, two blocks from Front Street in Traverse City. The lease has NNN fees.

Key Highlights

  • Private offices, conference room, reception area, restroom, and kitchenette
  • Natural light and contemporary interior finishes
  • Along the Boardman River, two blocks from Front Street

Property Analytics

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

Current Use

Mbank Loan Office Bank

Suggested Use

Top Pick Daycare Center Electrical Service (Bike/Boat/Book/etc) Store Butcher Pet Store Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

2,115
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
View Realmo Analytics

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 14% 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 - The workspace includes private offices, a reception area, and a kitchenette.
Where is this office unit located?
The property is located at 309 Cass Street Traverse City, MI.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Private offices, conference room, reception area, restroom, and kitchenette; Natural light and contemporary interior finishes; Along the Boardman River, two blocks from Front Street
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