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    Property profile

    250 E Front St 3RD Traverse City, MI 49684

    FOR LEASE
    Office buildings
    Property ID
    US43-Q001852
    7,500 SF Built 2016
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    250 E Front St,Unit 3RD, Traverse City, MI 49684 For Lease 1 / 8
    $21 SF/Yr 7,500 SF available
    250 E Front St,Unit 3RD, Traverse City, MI 49684
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    Property summary

    AI-generated overview

    Highly visible 4 story building has incredible views of downtown and the bay. Centrally located in the heart of downtown Traverse City. Completely renovated with large, impressive lobby. Beautiful landscaping. On site lighted parking with easy access to public parking deck. Many prime floor plans available (from 2,000 to 16,725 sq. ft.) which can be custom designed and built to fit exact needs of each new tenant. Electronic security system. Exterior building signage available for large long-term tenants

    Property profile

    Verified
    Property type Office buildings
    Year built 2016
    Total area 7,500 SF
    UPID US43-Q001852

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Current use

    Occupant on record · Public records
    • Restaurant
    • Restaurant
    • Postal Service Courier Service
    • Charitable Organization
    • Bank Loan Service
    5 occupants on record

    Location

    250 E Front St, Unit 3RD Traverse City, MI 49684
    Traverse City metro
    Google Maps

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Contact for pricing
      15,540 sqft
      Class A Office Building Space
      Professional office space for sublease in Traverse City's CBD.
      130 S Union St, Traverse City, MI 49684
      View Details
    • $21 SF/Yr
      7,500 sqft
      Renovated Downtown Office Building
      Fully renovated four-story office building with a large lobby, electronic security, and on-site lighted parking.
      250 E Front, Traverse City, MI 49684
      View Details
    • $20 SF/Yr
      8,060 sqft
      Waterfront Professional Office Building
      Four-story downtown office property with elevator service, barrier-free entry, and expansive river and bay views.
      315 E Front Street, Traverse City, MI 49684
      View Details
    • $22 SF/Yr
      8,060 sqft
      Waterfront Office Units
      Four-story professional office space with river and bay views, elevator service, and barrier-free entry.
      315 E Front Street, Traverse City, MI 49684
      View Details
    • $18 SF/Yr
      24,180 sqft
      Waterfront Office Building with Views
      Four-story downtown office with abundant natural light and premier, unobstructed Boardman River and bay views.
      315 E Front St, Traverse City, MI 49684
      View Details
    • New
      $21 SF/Yr
      5,000 sqft
      Renovated Downtown Office Building
      Four-story office property with flexible layouts, a prominent lobby, parking access, and views toward downtown and the bay.
      250 E Front, Traverse City, MI 49684
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Office and Warehouse Flex Building
      Office building with warehouse space featuring loading docks, large overhead doors, gated storage, and ample parking.
      3055 Cass, Traverse City, MI 49684
      View Details
    • $750,000
      20,000 SF
      Commercial Land Pad for Two-Story Retail/Office
      Pad approved for a two-story retail/office building at Copper Ridge Professional Center with parking lot and garage.
      City View Drive, Traverse City, MI 49684
      View Details
    • $502,230
      1,768 SF
      Class A Office Building
      Class A office building constructed in 2015, zoned Commercial C-2 and fully leased with an initial term ending March 2026.
      607 Randolph Street, Traverse City, MI 49684
      View Details
    • New
      Contact for pricing
      5,000 SF
      Renovated 4-Story Office Building
      Four-story, completely renovated office building with an impressive lobby, on-site lighted parking, and electronic security.
      E 250 E Front Unit SourceFi, Traverse City, MI 49684
      View Details
    • Contact for pricing
      11,486 SF
      Office Building For Sale
      Office building offered for sale, totaling 11,486 SF of office space.
      5123 N Royal Dr, Traverse City, MI 49684
      View Details
    • New
      Contact for pricing
      8,098 SF
      Two-Story Medical Office Building
      Established healthcare setting with professional workspace on Traverse City’s west side.
      5015 Royal Drive, Traverse City, MI 49684
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,540 sqft
      Class A Office Building Space
      Professional office space for sublease in Traverse City's CBD.
      130 S Union St, Traverse City, MI 49684
      View Details
    • $21 SF/Yr
      7,500 sqft
      Renovated Downtown Office Building
      Fully renovated four-story office building with a large lobby, electronic security, and on-site lighted parking.
      250 E Front, Traverse City, MI 49684
      View Details
    • $20 SF/Yr
      8,060 sqft
      Waterfront Professional Office Building
      Four-story downtown office property with elevator service, barrier-free entry, and expansive river and bay views.
      315 E Front Street, Traverse City, MI 49684
      View Details
    • $22 SF/Yr
      8,060 sqft
      Waterfront Office Units
      Four-story professional office space with river and bay views, elevator service, and barrier-free entry.
      315 E Front Street, Traverse City, MI 49684
      View Details
    • $18 SF/Yr
      24,180 sqft
      Waterfront Office Building with Views
      Four-story downtown office with abundant natural light and premier, unobstructed Boardman River and bay views.
      315 E Front St, Traverse City, MI 49684
      View Details
    • New
      $21 SF/Yr
      5,000 sqft
      Renovated Downtown Office Building
      Four-story office property with flexible layouts, a prominent lobby, parking access, and views toward downtown and the bay.
      250 E Front, Traverse City, MI 49684
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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