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Office Units with Atrium Common Area
For Lease
$3,182/Mo

872 Munson Avenue, Traverse City, MI 49686

Leasing options accommodate office users, including medical practices, in a building with shared atrium space and parking.

Space Size750 SF - 4,000 SF
Days on Market765

Property Features for 872 Munson Avenue

General Information

Standard status Active
Size 750 SF - 4,000 SF
Net Rentable 750 SF
Zoning Commercial

Space & Availability

Available Space 750-4,000 SF
Divisible Yes
Space Use Office

Amenities

atrium-style common area

Building Details

Building Size 1,958 SF
Year Built 1983
Listing Agency: REMAX Bayshore - Union St TC
Listed By: Matthew Dakoske · License #6501148333
Source: Centralmirealty
Added: Oct 3, 2024 Changed: Nov 4 Last Checked: Nov 4 at 2:40PM

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 REMAX Bayshore - Union St TC

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Investment Insights

Based on property information with market context.

Office units are available for lease at 872 Munson Avenue in Traverse City. The property offers 1,958 square feet, with spaces configurable from 750 SF to 4,000 SF. An atrium-style common area serves updated office suites, and the building dates to 1983.

The address is close to downtown Traverse City and situated in a high-traffic area. Parking is available for tenants and visitors. The current tenant base includes medical-field occupants, and the owner can accommodate a range of suite sizes.

Key Highlights

  • Suite configurations from 750 SF to 4,000 SF
  • 1,958 square feet of property size
  • Atrium‑style shared common area

Property Analytics

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

Current Use

Active Marketing Marketing & Advertising Audicare Hearing Centers Hearing Aid Store The Vein Center Medical Clinic Dr. Peter D. ... Ophthalmologist Jeanne Lynch Physician

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Auto Parts Store Furniture & Home Goods Kitchen & Bath Showroom

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

283
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
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

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 - Leasing options accommodate office users, including medical practices, in a building with shared atrium space and parking.
Where is this office unit located?
The property is located at 872 Munson Avenue Traverse City, MI.
What is the lease rate?
The lease rate is $3,182/Mo.
What are key features of this property?
This property features: Suite configurations from 750 SF to 4,000 SF; 1,958 square feet of property size; Atrium‑style shared common area
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