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Office Unit with Central Air
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862 E Eighth Street, Traverse City, MI 49684

Compact office space with shared visitor amenities, included utilities, private parking, and convenient access near downtown.

Property Size162 SF
Price / SF$3.86
Days on Market9

Property Features for 862 E Eighth Street

General Information

Standard status Active
Size 162 SF
Net Rentable 162 SF
Property subtype Business Opportunities

Additional Details

Utilities to Site Yes
Office Units 1

Amenities

shared waiting area and bathrooms
TART trail
Central Air
3
Asphalt
16576

Building Details

Year Built 1978
Listing Agency:
Listed By: Coldwell Banker Schmidt Traverse City
Source: Xome
Added: Aug 29 Changed: Sep 5 Last Checked: Sep 6 at 6:01AM

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 Coldwell Banker Schmidt Traverse City

Investment Insights

Based on property information with market context.

This office unit provides 141 usable square feet within 162 rentable square feet, with access to a shared waiting area and shared bathrooms. Central air supports the workspace, and utilities are included. Tenants are responsible for their own internet and phone service.

The property at 862 E Eighth Street offers private onsite parking and convenient access near downtown Traverse City. Potter’s Bakery and Family Fare are within walking distance, while the TART trail is located just south of the property. The building was constructed in 1978 and has an asphalt exterior surface.

Key Highlights

  • 141 usable square feet and 162 rentable SF
  • Shared waiting area and bathrooms
  • Central Air

Property Analytics

Current Use

Tessa DeMartini, L.M.T. Alternative Medicine Practice Grand Traverse Nutrition Physician J L Stephan ... Accounting Firm Beltone Skoric Hearing ... Hearing Aid Store Vero Retirement Services ... Insurance Agency

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Tanning Salon Catering Service Cosmetic Store Barber Shop

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

1
Office units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,210
Businesses Nearby

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

Market

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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Frequently Asked Questions

What type of property is this?
Office units - Compact office space with shared visitor amenities, included utilities, private parking, and convenient access near downtown.
Where is this office units located?
The property is located at 862 E Eighth Street Traverse City, MI.
What are key features of this property?
This property features: 141 usable square feet and 162 rentable SF; Shared waiting area and bathrooms; Central Air
More about this property
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