Medical Office with Treatment
New
For Lease
$13,033/Mo
5015 N Royal Drive, Traverse City, MI 49684
Commercial, Traverse City, MI
Space Size6,800 SF
Lot Size1.02 Acres
Days on Market2
Property Features for 5015 N Royal Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning description
Office
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4
Parking
42
Parking features
Parking Lot
Exterior features
Brick
Lot features
Business Park
Directions
Located off Cedar Run Road
Subdivision
Grand Traverse
Standard status
Active
Size
6,800 SF
Lot size
1.02 Acres
Taxes and HOA fees
Tax Description
LOT 1 WEST TRAVERSE OFFICE PLAZA
Legal Description
LOT 1 WEST TRAVERSE OFFICE PLAZA
Building Details
Building materials
Frame
Roof type
Asphalt
Listing Agency:
Manitou Commercial Real Estate, LLC
Listed By:
Kevin Query
(231) 632-9596
Added: Oct 21
Last Checked: Oct 22 at 8:06AM
MLS# 1951796
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.
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Investment Insights
Based on property information with market context.
The lower-level medical office space contains approximately 6,800 square feet, with 17 treatment rooms, four offices, four restrooms, a waiting area, and lab space. Brick exterior construction and a parking lot are part of the property, which occupies a 1.02-acre site with frontage on N Royal Drive.
The property is 0.7 mile, or about a four-minute drive, from Munson Medical Center and is situated among established healthcare neighbors in a medical park on Traverse City’s west side.
The property is 0.7 mile, or about a four-minute drive, from Munson Medical Center and is situated among established healthcare neighbors in a medical park on Traverse City’s west side.
Key Highlights
- Approximately 6,800 square feet of lower‑level medical office space
- 17 treatment rooms, 4 offices, 4 restrooms, waiting area, and lab space
- 1.02‑acre site with N Royal Drive frontage
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.45 /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
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Omnivet Veterinary Urgent Care — 3960 W Royal Dr, Traverse City, MI 49684
Frequently Asked Questions
What type of property is this?
Medical Office Space - A dedicated clinical layout combines treatment, administrative, lab, and patient-waiting areas.
Where is this medical office space located?
The property is located at 5015 N Royal Drive Traverse City, MI.
What is the lease rate?
The lease rate is $13,033/Mo.
What are key features of this property?
This property features: Approximately 6,800 square feet of lower‑level medical office space; 17 treatment rooms, 4 offices, 4 restrooms, waiting area, and lab space; 1.02‑acre site with N Royal Drive frontage
