Two-Story Medical Office
For Lease
$20.50 SF/Yr
5015 N Royal Dr, Traverse City, MI 49684
Two-story medical office space with basement storage, N Royal Dr frontage, and 42 parking spaces.
Space SizeContact for details
Property Size8,098 SF
Lot Size1.02 Acres
Days on Market54
Property Features for 5015 N Royal Dr
General Information
Standard status
Active
Size
8,098 SF
Class
C
Total Parking Spaces
42
Lot size
1.02 Acres
Property subtype
Healthcare, Office
Zoning
C-O FFICE
Additional Details
Road Access
Yes
Building Details
Building Size
8,098 SF
Year Built
1995
Stories
2
Listing Agency:
Manitou Commercial Real Estate, LLC
(231) 632-9596
Listed By:
Kevin Query · License #6502433236
(231) 632-9596
Source:
Cpix.resimplifi
Added: Jul 8
Changed: Aug 16
Last Checked: Aug 29 at 5:58AM
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 Manitou Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
5015 N Royal Dr is a two-story medical office property offering approximately 8,098 SF, along with basement storage. The building is described as move-in ready and suited for medical, dental, or professional office users, supported by an existing medical office layout.
Located on the west side of Traverse City with N Royal Dr frontage, the property sits within an established medical park environment. The listing notes nearby healthcare neighbors, and the site includes 42 total parking spaces.
With a parking count provided as 5.2 spaces per 1,000 SF, the configuration is geared toward day-to-day patient and staff access for a professional office tenancy.
Located on the west side of Traverse City with N Royal Dr frontage, the property sits within an established medical park environment. The listing notes nearby healthcare neighbors, and the site includes 42 total parking spaces.
With a parking count provided as 5.2 spaces per 1,000 SF, the configuration is geared toward day-to-day patient and staff access for a professional office tenancy.
Key Highlights
- Approximately 8,098 SF two‑story medical office with basement storage
- 1.02‑acre site with N Royal Dr frontage
- Move‑in ready medical office layout
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.07 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,085
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-story medical office space with basement storage, N Royal Dr frontage, and 42 parking spaces.
Where is this medical office space located?
The property is located at 5015 N Royal Dr Traverse City, MI.
What is the lease rate?
The lease rate is $20.50 SF/Yr.
What are key features of this property?
This property features: Approximately 8,098 SF two‑story medical office with basement storage; 1.02‑acre site with N Royal Dr frontage; Move‑in ready medical office layout
