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Updated Open-Plan Office Units
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250 E Front St 200-400, Traverse City, MI 49686

Glass conference rooms, modern kitchens, large windows, and renovated restrooms support collaborative office use.

Space Size42,675 SF
Days on Market8

Property Features for 250 E Front St 200-400

General Information

Standard status Active
Size 42,675 SF
Net Rentable 1,875 SF
Property subtype Office

Space & Availability

Available Space 1,875-42,675 SF
Divisible Yes
Space Use Office
Sublease Yes

Lease Terms

Monthly Rent $3,437-$42,675
Rent per SF/Year $12-$22

Amenities

glass conference rooms
large windows
modern kitchens
updated restrooms

Building Details

Building Size 42,675 SF
Year Built 1969
Year Renovated 2018
Tenancy Single

Spaces For Lease

at 250 E Front St 200-400 Contact us

#1

Size
42,675 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Traverse
Listed By: Daniel Stiebel · License #6505157435
Source: Crexi
Added: Aug 28 Changed: Aug 31 Last Checked: Sep 3 at 12:09PM

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 Coldwell Banker Commercial Traverse

Investment Insights

Based on property information with market context.

Sublease office units are available within the Chase Bank building at 250 E Front St in downtown Traverse City. The property combines open work areas with glass-enclosed conference rooms, large windows, modern kitchens, and updated restrooms. The building underwent a complete update in 2018 and was originally built in 1969.

Available configurations range from 1,875 SF to 42,675 SF, accommodating both smaller suites and larger contiguous office requirements. Lease terms extend through February 2029 or April 30, 2030, depending on the selected space. The office environment includes broad areas designed for group work and a flexible layout suited to a range of professional occupants.

Key Highlights

  • 7,500‑42,675 SF available for sublease
  • Additional office configurations from 1,875‑3,749 SF and 3,750‑7,499 SF
  • Building completely updated in 2018

Property Analytics

Current Use

Slate Restaurant Sorellina Restaurant FedEx Drop Box Postal Service Freedom Builders of America Charitable Organization Chase Bank Bank

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Electrical Service HVAC Service 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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,085
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

Market

Lease Benchmarks for Traverse City, MI

$23.27 /SF/Yr
Avg Asking Price
$8.34–$56.57 /SF/Yr
Price Range
5,505 SF
Avg Space Size

This space is priced 27% below the average of $23.27 /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
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Frequently Asked Questions

What type of property is this?
Office units - Glass conference rooms, modern kitchens, large windows, and renovated restrooms support collaborative office use.
Where is this office units located?
The property is located at 250 E Front St 200-400 Traverse City, MI.
What are key features of this property?
This property features: 7,500‑42,675 SF available for sublease; Additional office configurations from 1,875‑3,749 SF and 3,750‑7,499 SF; Building completely updated in 2018
More about this property
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