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Multi-Suite Office Space
For Lease
$2,000/Mo
Pending

C-1026 Hannah Ave, Traverse City, MI 49686

Central office suites with private baths, managed onsite and ready for occupancy on Feb 1.

Space SizeContact for details
Property Size2,000 SF
Days on Market182

Property Features for C-1026 Hannah Ave

General Information

Standard status Pending
Size 2,000 SF

Additional Details

Office Units 8
Listing Agency: Coldwell Banker Schmidt Traver
Listed By: Ken Kleinrichert · License #6506042006
Source: Exprealty
Added: Feb 5 Changed: Jul 10 Last Checked: Jul 31 at 3:34PM

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 Traver

Investment Insights

Based on property information with market context.

This centrally located office space includes eight office suites, each with its own private bath. The property is offered for rent with a property manager onsite, supporting day-to-day building operations.

The building is located on Hannah Ave, approximately 150 feet west of Garfield. Its setting places it within close proximity to banks and the TART Trail.

With multiple individual suites and private restrooms, the space is well suited for professional tenants seeking dedicated offices. The onsite property management can also help streamline scheduling and maintenance during occupancy. Availability begins Feb 1.

Key Highlights

  • Centrally located office space in Traverse City, 150' west of Garfield on Hannah Ave.
  • 8 office suites, each with a private bath.
  • Close to banks and the TART Trail.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store Locksmith Barber Shop Butcher 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

8
Office units
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,696
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

$22.98 /SF/Yr
Avg Asking Price
$8.34–$56.57 /SF/Yr
Price Range
3,427 SF
Avg Space Size

This space is priced 48% below the average of $22.98 /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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Frequently Asked Questions

What type of property is this?
Office units - Central office suites with private baths, managed onsite and ready for occupancy on Feb 1.
Where is this office units located?
The property is located at C-1026 Hannah Ave 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: Centrally located office space in Traverse City, 150' west of Garfield on Hannah Ave.; 8 office suites, each with a private bath.; Close to banks and the TART Trail.
More about this property
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