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Live-Work Space with Rooftop Deck
For Lease
$1,675/Mo

340 E State Street, Traverse City, MI 49684

An open-concept setting pairs a flexible workspace with a residential component in a mixed-use zoning area.

Space SizeContact for details
Property Size692 SF
Days on Market1065

Property Features for 340 E State Street

General Information

Standard status Active
Size 692 SF
Zoning Residential, Commercial

Amenities

community room
rooftop deck

Building Details

Building Size 692 SF
Year Built 2017
Listing Agency: CENTRAL REAL ESTATE MT PLEASANT, INC.
Listed By: Dave Zamarron · License #6502102202
Source: Centralmirealty
Added: Dec 8, 2023 Changed: Nov 4 Last Checked: Nov 4 at 2:16PM

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 692-square-foot live-work space was built in 2017 and features an open-concept layout with large windows. Its zoning is designated residential and commercial, supporting the property's combined live-work character. The space is offered for rent at 340 E State Street in Traverse City.

On-site amenities include a community room and rooftop deck. Parking is available, and renovation terms are negotiable.

Key Highlights

  • 692 square feet
  • Built in 2017
  • Residential and commercial zoning

Property Analytics

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

Current Use

Michigan Injury Lawyers Law Firm Paradigm Design Architecture Firm Salon Evolve Hair Salon The Solvent Group Business Management Consultant TC Lofts Apartment Building

Suggested Use

Top Pick Plumbing Service Butcher (Bike/Boat/Book/etc) Store HVAC Service Pet Store Grocery & Convenience Store

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
$4.36 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,864
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

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?
Live-work space - An open-concept setting pairs a flexible workspace with a residential component in a mixed-use zoning area.
Where is this live-work space located?
The property is located at 340 E State Street Traverse City, MI.
What is the lease rate?
The lease rate is $1,675/Mo.
What are key features of this property?
This property features: 692 square feet; Built in 2017; Residential and commercial zoning
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