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Office Unit with Shared Waiting Area
New
For Lease
$625/Mo

C-862 E 8th St, Traverse City, MI 49684

Private office suite with utilities included, shared visitor amenities, and onsite parking near downtown.

Space Size162 SF
Days on Market7

Property Features for C-862 E 8th St

General Information

Standard status Active
Size 162 SF
Net Rentable 162 SF

Space & Availability

Available Space 162 SF
Contiguous Space 162 SF
Space Use Office
Private Offices 1

Additional Details

Utilities to Site Yes

Amenities

shared waiting area
private onsite parking
Listing Agency: Coldwell Banker Schmidt Traverse City
Listed By: Daniel Stiebel · License #6502352362
Source: Exprealty
Added: Sep 2 Changed: Sep 7 Last Checked: Sep 8 at 11:21AM

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, along with access to a shared waiting area and bathrooms. Utilities are included in the rate, while the tenant is responsible for internet and phone service. Private onsite parking is available for occupants and visitors.

The property is located at C-862 E 8th St in Traverse City, close to downtown. Potter’s Bakery and Family Fare are within walking distance, and the TART trail is located just south of the property. A basement storage unit is also available separately.

Key Highlights

  • 141 usable SF; 162 rentable SF
  • Shared waiting area and bathrooms
  • Utilities included in the rate

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Store Plumbing Service Tanning Salon 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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$6.94 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,252
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

Lease Benchmarks for Traverse City, MI

$23.15 /SF/Yr
Avg Asking Price
$9–$56.57 /SF/Yr
Price Range
5,516 SF
Avg Space Size

This space is priced 100% above the average of $23.15 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Private office suite with utilities included, shared visitor amenities, and onsite parking near downtown.
Where is this office units located?
The property is located at C-862 E 8th St Traverse City, MI.
What is the lease rate?
The lease rate is $625/Mo.
What are key features of this property?
This property features: 141 usable SF; 162 rentable SF; Shared waiting area and bathrooms; Utilities included in the rate
More about this property
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