Medical Space

Traverse City, MI Medical Office Space for Lease

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Two-Story Medical Office Space
Updated: Jul 7
Two-Story Medical Office Space

5015 N Royal Drive, Traverse City, MI 49684

$21 SF/Yr
8,098 sqft 1.02 AC lot
8,098 square feet of two‑story medical office space
1.02‑acre site on Traverse City’s west side
Established healthcare neighbors nearby
Dedicated parking lot
Brick exterior with frame construction
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Two-Story Medical Office Suite
Updated: Jul 8
Two-Story Medical Office Suite

5015 N Royal Dr, Traverse City, MI 49684

$20.50 SF/Yr
8,098 sqft 1.02 AC lot
Approximately 8,098 SF two‑story medical office with basement storage
1.02‑acre site with N Royal Dr frontage
Move‑in ready medical office layout
42 total parking spaces (5.2 spaces per 1,000 SF)
West‑side Traverse City medical park location near established healthcare neighbors
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Traverse City, MI, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 2 Properties for Sales.

Medical Office Space for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Medical Office Units
Medical Office Units

400 Perry Ave, Big Rapids, MI 49307

$4,800/Mo
3,600 sqft

Flexible office and medical suites with cul-de-sac access and on-site parking.

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Ground-Level Medical Office Suite
Ground-Level Medical Office Suite

560 W Mitchell Street, Petoskey, MI 49770

$18 SF/Yr
518 sqft 4.69 AC lot

Efficient professional suite with private offices, reception space, kitchenette, and shared restroom access.

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Medical Office Suite with Private Offices
Medical Office Suite with Private Offices

560 W Mitchell Street, Unit 200, Petoskey, MI 49770

$18 SF/Yr
1,559 sqft

Outpatient suite with a reception window, open work area, and dedicated utility responsibility for the tenant.

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Medical Office Space with Parking
Medical Office Space with Parking

400 Perry Ave, Big Rapids, MI 49307

$4,800/Mo
3,600 sqft 1.52 AC lot

Configured for office or medical use with central air, forced-air heat, and flexible individual office leasing options.

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Similar Spaces for Sale in Traverse City, MI

Consider Similar Space for Sale. We found 2 Spaces matching your search parameters.

Live-Work Property with Office
Live-Work Property with Office

1323 S Cass Street, Traverse City, MI 49684

$849,000
1,792 sqft 0.28 AC lot

Professional workspace paired with a furnished studio residence and dedicated parking lot near Boardman Lake amenities.

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High-Ceiling Office Condo
High-Ceiling Office Condo

1-3819 4 Mile Rd N, Traverse City, MI 49696

$299,000
1,600 sqft

Well-maintained office condo in a newer professional building with high ceilings and exceptionally clean interior space.

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Traverse City, MI Medical Office Space Lease Rates & Market Statistics

Browse 2 Medical Office Space listings for lease in Traverse City, MI on Realmo, a commercial real estate marketplace serving the Traverse City area. The current inventory totals 16,196 square feet of properties.

Medical Office Space lease rates in Traverse City range from $20.50 SF/Yr at the entry level to $21 SF/Yr at the top of the market, averaging $20.75 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $20.75 SF/Yr, the local average runs 19% above Michigan's state average of $17.43 SF/Yr.

Traverse City accounts for 67% of the 3 medical office space listings currently available across Grand Traverse County, where a nearby market includes Kingsley. Medical Office Space is one of the more limited space types in Traverse City, with just 2 listings currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Office Units (95 listings) and Office buildings (6 listings) elsewhere in the Traverse City market.

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