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Updated Office Units with Open Layout
For Lease
$12-$22 SF/Yr

400300200-250 E Front St, Traverse City, MI 49684

Downtown office sublease options in a renovated building with collaborative work areas and contemporary shared amenities.

Space Size1,875 SF - 42,675 SF
Days on Market28

Property Features for 400300200-250 E Front St

General Information

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

Space & Availability

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

Lease Terms

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

Amenities

glass conference rooms
large windows
modern kitchens
updated restrooms
wide open areas

Building Details

Year Renovated 2018
Listing Agency: Coldwell Banker Schmidt Traverse City
Listed By: Daniel Stiebel · License #6502352362
Source: Exprealty
Added: Aug 12 Changed: Sep 8 Last Checked: Sep 8 at 2:29PM

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 sublease within the Chase Bank building in downtown Traverse City. The property was comprehensively updated in 2018 and offers an open-plan environment with glass-enclosed conference rooms, expansive windows, modern kitchens, refreshed restrooms, and broad areas designed for group work.

Available configurations range from 1,875 to 42,675 square feet, with lease expirations extending through February 2029 or April 30, 2030 depending on the selected space. The offering includes multiple suite sizes, allowing users to consider smaller office accommodations as well as larger footprints within the same building.

Key Highlights

  • Office sublease options range from 1,875‑42,675 SF
  • Building renovation completed in 2018
  • Open‑plan office environment with group work areas

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Building Supply HVAC Service Parking Lot & Garage Big Box & Wholesale Store Furniture & Home Goods

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

1,220
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

$23.15 /SF/Yr
Avg Asking Price
$9–$56.57 /SF/Yr
Price Range
5,516 SF
Avg Space Size

This space is priced 27% below the average of $23.15 /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 - Downtown office sublease options in a renovated building with collaborative work areas and contemporary shared amenities.
Where is this office units located?
The property is located at 400300200-250 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: Office sublease options range from 1,875‑42,675 SF; Building renovation completed in 2018; Open‑plan office environment with group work areas
More about this property
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