Professional Office Building with
For Lease
$2,000/Mo
537 S Garfield Avenue, Traverse City, MI 49686
Commercial, Traverse City, MI
Space Size1,608 SF
Lot Size0.19 Acres
Days on Market235
Property Features for 537 S Garfield Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
Commercial
Parking features
Parking Lot
Exterior features
Vinyl
Lot features
Freestanding
Directions
East side of S Garfield Ave between E Eighth St and Hannah Ave.
Subdivision
Grand Traverse
Standard status
Active
Size
1,608 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Description
UNIT 1 - GARFIELD PLAZA PHASE 2 GTC CONDO SUB PLAN NO 30 0624-0536 MASTER DEED FILED NOVEMBER 1, 1984.
Legal Description
UNIT 1 - GARFIELD PLAZA PHASE 2 GTC CONDO SUB PLAN NO 30 0624-0536 MASTER DEED FILED NOVEMBER 1, 1984.
Building Details
Building materials
Frame
Roof type
Asphalt
Listing Agency:
Three West, LLC
(231) 929-2955
Listed By:
Noah Endres · License #6501461941
(231) 632-1125
Added: Jan 13
Changed: Sep 1
Last Checked: Sep 5 at 4:06PM
MLS# 1941711
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.
Investment Insights
Based on property information with market context.
This 1,608-square-foot office building offers a practical layout for professional users, with two private offices, a reception and waiting area, and a private restroom on the main level. The finished basement adds another office and a second restroom, expanding the usable workspace within the building.
The 0.19-acre property includes a parking lot and sits at S Garfield Avenue and E Eighth Street in Traverse City. The intersection records over 21,000 cars per day, providing measurable exposure for occupants. Frame construction, vinyl exterior siding, and an asphalt roof complete the building improvements. The property is available for lease, with sale availability also noted.
The 0.19-acre property includes a parking lot and sits at S Garfield Avenue and E Eighth Street in Traverse City. The intersection records over 21,000 cars per day, providing measurable exposure for occupants. Frame construction, vinyl exterior siding, and an asphalt roof complete the building improvements. The property is available for lease, with sale availability also noted.
Key Highlights
- 1,608‑square‑foot professional office building
- Finished basement with an additional office and restroom
- Two private offices plus reception and waiting area
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.24 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
988
Businesses Nearby
Explore this area
Business Placement
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
$19.28 /SF/Yr
Avg Asking Price
$14.93–$22 /SF/Yr
Price Range
8,221 SF
Avg Space Size
This space is priced 23% below the average of $19.28 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office configuration includes private rooms, reception space, and restrooms for an established professional setting.
Where is this office building located?
The property is located at 537 S Garfield Avenue Traverse City, MI.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 1,608‑square‑foot professional office building; Finished basement with an additional office and restroom; Two private offices plus reception and waiting area
