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Furnished Office Suite
For Lease
$4,200/Mo

509 E Front Street, Traverse City, MI 49686

Six private offices, a conference room, and reception area support immediate professional occupancy.

Space SizeContact for details
Property Size1,417 SF
Days on Market220

Property Features for 509 E Front Street

General Information

Standard status Active
Size 1,417 SF
Zoning Commercial

Building Details

Building Size 1,417 SF
Year Built 1925
Listing Agency: REO-TCFront-233021
Listed By: Erica S Foerster
Source: Sabudarealty
Added: Jan 23 Changed: Aug 30 Last Checked: Aug 30 at 11:56PM

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 REO-TCFront-233021

Investment Insights

Based on property information with market context.

This furnished office unit is configured with six private offices, a dedicated conference room, and a reception area. The suite is designed for immediate occupancy and includes furniture, reducing the need for an initial furnishing or build-out period.

The property sits along the riverfront at 509 E Front Street in Traverse City, with direct access to downtown and the riverwalk. Commercial zoning supports office use. The all-inclusive lease covers water, sewer, electricity, heat and air conditioning, and taxes.

Key Highlights

  • Six offices plus a dedicated conference room and reception area
  • Furniture included for immediate occupancy
  • Riverfront setting with direct access to downtown and the riverwalk

Property Analytics

Current Use

Rental Management One Property Management Company Burritt's Fresh Markets Grocery & Convenience Store John Adams Mortgage Loan Service FIND MICHAEL P’S Grocery & Convenience Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Butcher HVAC Service Restaurant Daycare Center

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
$5.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,743
Businesses Nearby

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

$23.91 /SF/Yr
Avg Asking Price
$4.8–$152 /SF/Yr
Price Range
3,258 SF
Avg Space Size

This space is priced 49% above the average of $23.91 /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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Six private offices, a conference room, and reception area support immediate professional occupancy.
Where is this office units located?
The property is located at 509 E Front Street Traverse City, MI.
What is the lease rate?
The lease rate is $4,200/Mo.
What are key features of this property?
This property features: Six offices plus a dedicated conference room and reception area; Furniture included for immediate occupancy; Riverfront setting with direct access to downtown and the riverwalk
More about this property
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