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Updated Office Units with Open Plan
For Lease
$12 SF/Yr

250 E Front St, Traverse City, MI 49686

Sublease office space offers collaborative areas, glass conference rooms, modern kitchens, and refreshed restrooms.

Space SizeContact for details
Days on Market20

Property Features for 250 E Front St

General Information

Standard status Active

Building Details

Year Built 1969
Listing Agency: Coldwell Banker Schmidt Traverse City
Listed By: Daniel J Stiebel · License #6502352362
Source: Metrodetroithomeguide
Added: Aug 12 Changed: Aug 29 Last Checked: Aug 30 at 5:52PM

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 by sublease within the Chase Bank building at 250 E Front St in downtown Traverse City. The property provides open-plan interiors with broad window lines, glass-enclosed conference rooms, modern kitchen areas, updated restrooms, and flexible zones for group work. The building was constructed in 1969 and comprehensively updated in 2018.

Available configurations range from 1,875 SF to 42,675 SF. Lease terms extend through February 2029 or April 30, 2030, depending on the selected space. The downtown setting places the office units within Traverse City’s central business environment.

Key Highlights

  • 1,875‑42,675 SF of office space available by sublease
  • Lease expirations extend through February 2029 or April 30, 2030, depending on the space
  • Building updated in 2018; originally constructed in 1969

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
$1.80 /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

$23.91 /SF/Yr
Avg Asking Price
$4.8–$152 /SF/Yr
Price Range
3,258 SF
Avg Space Size

This space is priced 50% below the average of $23.91 /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 - Sublease office space offers collaborative areas, glass conference rooms, modern kitchens, and refreshed restrooms.
Where is this office units located?
The property is located at 250 E Front St 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: 1,875‑42,675 SF of office space available by sublease; Lease expirations extend through February 2029 or April 30, 2030, depending on the space; Building updated in 2018; originally constructed in 1969
More about this property
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