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Waterfront Office Units
For Lease
$22 SF/Yr Modified Gross

315 E Front Street, Traverse City, MI 49684

COMMERCIAL - Traverse City, MI

Space Size685 SF - 24,180 SF
Lot Size0.30 Acres
Days on Market98

Property Features for 315 E Front Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning description Commercial
Parking features Garage
Exterior features Stone, Stucco/Drivit
Lot features Inside Lot, Freestanding
Directions North side of E Front St between Park St and Boardman Ave.
Subdivision Grand Traverse
Standard status Active
Size 8,060 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description THT PRT OF BLK 23 ORIG PLAT DES AS COM 127 FT 5" E OF NE COR OF PARK & FRONT STS TH E 155 FT TH N TO BOARDMAN RIVER TH W'LY ALONG RIVER TO A PT N OF POB TH S TO POB SUBJECT TO EASEMENT OF RECORD
Legal Description THT PRT OF BLK 23 ORIG PLAT DES AS COM 127 FT 5" E OF NE COR OF PARK & FRONT STS TH E 155 FT TH N TO BOARDMAN RIVER TH W'LY ALONG RIVER TO A PT N OF POB TH S TO POB SUBJECT TO EASEMENT OF RECORD

Utilities

Water front 1

Amenities

water views
restrooms
ADA compliant entry

Building Details

Building materials Steel
Roof type Metal
Listing Agency: Three West, LLC
Listed By: Kevin Endres · License #6502377374
Added: May 26 Changed: Aug 4 Last Checked: Aug 31 at 6:06AM
MLS# 1945707

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-story professional office property offers divisible leasing opportunities within a steel-constructed building finished with stone and stucco/Drivit exterior elements. Available configurations include a 685 SF street-level unit, upper-floor spaces of approximately 8,060 SF, or a contiguous 24,180 SF arrangement across the three upper floors. Angled north-facing glazing provides natural light and views toward the Boardman River and West Grand Traverse Bay.

The building at 315 E Front Street is in downtown Traverse City, with access to the amenities and services along East Front Street. Common facilities include dual elevators, two stairwells, men's and women's restrooms on each upper floor, garage parking, and ADA/barrier-free entry. Lease terms are structured on a modified gross basis.

Key Highlights

  • 685 SF street‑level office unit available
  • Upper floors measure approximately 8,060 SF each
  • Three upper floors can be leased together as a 24,180 SF block

Property Analytics

Current Use

Traverse City Complex State Government Office

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Auto Parts Store HVAC Service Electrical Service Building Supply

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

Modified Gross
Lease Type

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

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

This space is priced 8% 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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Four-story professional office space with river and bay views, elevator service, and barrier-free entry.
Where is this office units located?
The property is located at 315 E Front Street Traverse City, MI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 685 SF street‑level office unit available; Upper floors measure approximately 8,060 SF each; Three upper floors can be leased together as a 24,180 SF block
More about this property
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