Multi-Configuration Office
For Lease
$16 SF/Yr Modified Gross
700 E Hammond, Traverse City, MI 49686
Commercial, Traverse City, MI
Space SizeContact for details
Lot Size21.75 Acres
Days on Market891
Property Features for 700 E Hammond
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
Commercial
Parking features
Parking Lot
Exterior features
Brick
Lot features
Freestanding
Directions
South side of Hammond road West of Three Mile Rd.
Subdivision
Grand Traverse
Standard status
Active
Size
3,192 SF
Lot size
21.75 Acres
Taxes and HOA fees
Tax Description
Lengthy see documents.
Legal Description
Lengthy see documents.
Building Details
Building materials
Brick, Steel
Roof type
Membrane
Listing Agency:
Three West, LLC
(231) 929-2955
Listed By:
Kevin Endres · License #6505352968
(231) 534-5225
Added: May 1, 2024
Changed: Sep 1
Last Checked: Oct 8 at 10:06AM
MLS# 1921781
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 professional office property offers multiple suite configurations within a 3,192-square-foot building constructed with brick and steel materials. The building features a membrane roof and a parking lot serving employees and clients.
The property is located at 700 E Hammond in East Bay Township, south of Downtown Traverse City and near the airport. It is situated within the Auto-Owners Insurance Regional HQ building and occupies a 21.75-acre site with landscaped grounds. Lease structure is modified gross, with tenants responsible for a separate utility charge.
The property is located at 700 E Hammond in East Bay Township, south of Downtown Traverse City and near the airport. It is situated within the Auto-Owners Insurance Regional HQ building and occupies a 21.75-acre site with landscaped grounds. Lease structure is modified gross, with tenants responsible for a separate utility charge.
Key Highlights
- 3,192‑square‑foot professional office property
- Multiple office configurations within the building
- 21.75‑acre site in East Bay Township
Property Analytics
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Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
82
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Traverse City, MI
$23.24 /SF/Yr
Avg Asking Price
$9–$56.57 /SF/Yr
Price Range
3,267 SF
Avg Space Size
This space is priced 31% below the average of $23.24 /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 units - Professional office suites with flexible layouts, brick construction, landscaped grounds, and on-site parking.
Where is this office units located?
The property is located at 700 E Hammond Traverse City, MI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 3,192‑square‑foot professional office property; Multiple office configurations within the building; 21.75‑acre site in East Bay Township
