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Waterfront Professional Office Building
For Lease
$20 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
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

stairwells
restrooms
ADA compliant entry
water views

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 5:06AM
MLS# 1945706

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 building at 315 E Front Street provides office accommodations across multiple levels in downtown Traverse City. Available configurations include a 685-square-foot street-level unit, upper-floor suites of approximately 8,060 square feet, or a contiguous three-floor block totaling 24,180 square feet. The angled north-facing window wall brings natural light into the workspaces and overlooks the Boardman River and West Grand Traverse Bay.

Building amenities include two elevators, two stairwells, men's and women's restrooms on each upper floor, and ADA/barrier-free access. Garage parking is available, and the building features steel construction with stone and stucco/Drivit exterior finishes and a metal roof. Suites are offered under modified gross lease terms. The property is positioned near East Front Street and the downtown services and amenities of Traverse City.

Key Highlights

  • 685 SF street‑level office unit available
  • Upper‑floor office suites of approximately 8,060 SF each
  • Three contiguous upper floors totaling 24,180 SF

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

$19.33 /SF/Yr
Avg Asking Price
$14.93–$22 /SF/Yr
Price Range
9,737 SF
Avg Space Size

This space is priced 3% 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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Four-story downtown office property with elevator service, barrier-free entry, and expansive river and bay views.
Where is this office building located?
The property is located at 315 E Front Street Traverse City, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 685 SF street‑level office unit available; Upper‑floor office suites of approximately 8,060 SF each; Three contiguous upper floors totaling 24,180 SF
More about this property
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