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Retail-Office Suite with Streetfront
For Lease
$2,200/Mo

502 E Front Street, Traverse City, MI 49686

Retail/office suite with large Front Street windows, a main entrance from a wooden deck, and one dedicated parking space.

Space SizeContact for details
Property Size600 SF
Days on Market190

Property Features for 502 E Front Street

General Information

Standard status Active
Size 600 SF
Total Parking Spaces 1
Zoning Commercial

Building Details

Building Size 600 SF
Year Built 1975
Listing Agency: EXIT Northern Shores-TC
Listed By: Marty Stevenson · License #6501387018
Source: Phgrealty
Added: Feb 3 Changed: Aug 8 Last Checked: Aug 11 at 2:06PM

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 EXIT Northern Shores-TC

Investment Insights

Based on property information with market context.

This retail/office suite features a main customer entrance from a wooden deck along Front Street and large windows facing Front Street. The space was most recently used as a retail shop and includes access to a private parking lot with one dedicated parking spot.

The suite is located on East Front Street in downtown Traverse City next to The Little Fleet, The Cook's House, and Paesano's Pizza, with additional on-street parking available along Front Street and Wellington Street.

Tenant is responsible for rent and utilities. The landlord covers snow plowing and lawn care.

Key Highlights

  • Retail/office suite in downtown Traverse City on East Front Street (built in 1975)
  • Main/customer entrance from a wooden deck along Front St
  • Large windows face Front St, creating visibility to passersby on the street

Property Analytics

Current Use

Way Of Knife & EDC ... (Bike/Boat/Book/etc) Store Front Street Tattoo Tattoo & Piercing Shop Whistling Frog Tile (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Plumbing Service Grocery & Convenience Store Butcher (Bike/Boat/Book/etc) Store Electrical Service HVAC Service

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

Location Intelligence

Trade Area within ½ mile

1,864
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49686, MI

25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value

Market

Lease Benchmarks for Traverse City, MI

$25 /SF/Yr
Avg Asking Price
$10–$56.73 /SF/Yr
Price Range
5,091 SF
Avg Space Size

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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Similar Off Market Nearby

  • Darling Botanical Company 144 Hall St, Traverse City, MI 49684
  • Mourning Wreaths 617 e state st, traverse city, mi 49686
  • The Flower Station 341 W Front St, Traverse City, MI 49684

Frequently Asked Questions

What type of property is this?
Storefront property - Retail/office suite with large Front Street windows, a main entrance from a wooden deck, and one dedicated parking space.
Where is this storefront property located?
The property is located at 502 E Front Street Traverse City, MI.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Retail/office suite in downtown Traverse City on East Front Street (built in 1975); Main/customer entrance from a wooden deck along Front St; Large windows face Front St, creating visibility to passersby on the street
More about this property
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