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Open-Plan Office Sublease
For Lease
$12-$22 SF/Yr

250 E Front Street, Traverse City, MI 49686

Downtown office suites include glass meeting rooms, modern kitchens, updated restrooms, and flexible collaborative areas.

Space Size1,875 SF - 42,675 SF
Days on Market10

Property Features for 250 E Front Street

General Information

Standard status Active
Size 1,875 SF - 42,675 SF
Net Rentable 1,875 SF
Zoning Commercial, Office

Space & Availability

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

Lease Terms

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

Amenities

glass conference rooms
modern kitchens
updated restrooms

Building Details

Building Size 16,725 SF
Year Built 1969
Year Renovated 2018
Listing Agency: Coldwell Banker Schmidt Traverse City
Listed By: Daniel J Stiebel · License #6502352362
Source: Sabudarealty
Added: Aug 12 Changed: Aug 19 Last Checked: Aug 20 at 2:23PM

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 Schmidt Traverse City

Investment Insights

Based on property information with market context.

Office units are available through a sublease in the Chase Bank building at 250 E Front Street in downtown Traverse City. The property provides an open-plan layout with glass conference rooms, large windows, modern kitchens, updated restrooms, and broad areas configured for group work. The building was updated in 2018 and carries Commercial, Office zoning.

Available spaces range from 1,875 to 42,675 SF, with lease expirations extending through February 2029 or April 30, 2030 depending on the space. The offering provides multiple suite-size options within an established downtown office building.

Key Highlights

  • Open‑plan office sublease in the Chase Bank building
  • Building updated in 2018
  • Available suites range from 1,875‑42,675 SF

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

$23.38 /SF/Yr
Avg Asking Price
$8.34–$56.57 /SF/Yr
Price Range
3,227 SF
Avg Space Size

This space is priced 27% below the average of $23.38 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Downtown office suites include glass meeting rooms, modern kitchens, updated restrooms, and flexible collaborative areas.
Where is this office units located?
The property is located at 250 E Front Street Traverse City, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Open‑plan office sublease in the Chase Bank building; Building updated in 2018; Available suites range from 1,875‑42,675 SF
More about this property
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