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Downtown Traverse City Office Space
For Lease
$21 SF/Yr

250 E Front St 3rd Floor, Traverse City, MI 49684

Renovated office building with prime floor plans in Traverse City.

Space SizeContact for details
Days on Market591

Property Features for 250 E Front St 3rd Floor

General Information

Standard status Active
Property subtype Rental

Building Details

Year Built 2016
Listing Agency: G.A. Snowden Associates
Listed By: Gerald A Snowden · License #6502118151
Source: Exitrealty
Added: Jan 9, 2025 Changed: Aug 8 Last Checked: Aug 8 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 G.A. Snowden Associates

Investment Insights

Based on property information with market context.

This highly visible four-story building, centrally located in downtown Traverse City, offers impressive views of the downtown area and the bay. The property has been completely renovated and features a large, impressive lobby and beautiful landscaping. On-site lighted parking is available, with easy access to a public parking deck. A variety of prime floor plans are available, ranging from 2,000 to 16,725 square feet, and can be custom designed and built to fit the exact needs of each new tenant. The building is equipped with an electronic security system. Exterior building signage is available for large, long-term tenants. The property has 7,500 square feet of office space.

Key Highlights

  • Incredible views of downtown and the bay.
  • Centrally located in the heart of downtown Traverse City.
  • Prime floor plans available (from 2,000 to 16,725 sq. ft.) which can be custom designed and built.

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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,085
Businesses Nearby

Demographics for 49684, MI

22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
Median Home Value

Market

Lease Benchmarks for Traverse City, MI

$19.33 /SF/Yr
Avg Asking Price
$14.93–$22 /SF/Yr
Price Range
9,437 SF
Avg Space Size

This space is priced 9% above the average of $19.33 /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 building - Renovated office building with prime floor plans in Traverse City.
Where is this office building located?
The property is located at 250 E Front St 3rd Floor Traverse City, MI.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Incredible views of downtown and the bay.; Centrally located in the heart of downtown Traverse City.; Prime floor plans available (from 2,000 to 16,725 sq. ft.) which can be custom designed and built.
More about this property
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