415 Front StTraverse City, MI 49686

For Lease
$22/SF/YR
Property records and analytics
Prime Office Space, River Views, Flexible Lease

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional commercial property, located at 28-51-798-179-00 in Grand Traverse County, offers a unique opportunity for businesses seeking a vibrant downtown location. The Honor Bank Building, a Class B, four-story office building constructed in 2021, boasts a total of 14,075 square feet. Currently, 4,890 square feet of vacant space is available, divisible into units as small as 1,145 square feet and with a maximum contiguous space of 4,890 square feet. The building sits on a 0.11-acre lot and offers stunning views of Grand Traverse Bay and the Boardman River. Its prime location on the north side of East Front Street, between Wellington and Boardman, provides easy access to all downtown amenities and is just one block from a public parking deck. The landlord is offering a generous build-out allowance for leases of five years or longer, allowing tenants to customize their floor plan to meet their specific needs. Each floor comprises approximately 2,445 rentable square feet and 2,330 usable square feet. The second and third floors are currently available. Taxes, insurance, and CAM charges are capped at $8 per square foot, with a 3% annual adjustment during the initial lease term, simplifying expense planning. While there are no on-site parking spaces, the building's convenient location mitigates this. The building features elevators for easy access to all floors.

Highlights

  • Class B, 2021-built, four-story office building with 14,075 total square feet.
  • 4,890 square feet of vacant space available, divisible into units as small as 1,145 square feet, with a maximum contiguous space of 4,890 square feet.
  • Located in downtown Traverse City, Grand Traverse County, with Grand Traverse Bay and Boardman River views.
  • Generous tenant improvement allowance offered for 5-year or longer leases.
  • Taxes, insurance, and CAM (Common Area Maintenance) not to exceed $8 per square foot annually during the initial lease term.

Property Details for 415 Front St

Property type
Office properties, Land
RSF (Rentable sq. ft)
14,075 SF
Class
B
Year Built
2021
Buildings
1
Stories
4

Unit(s) available at that property

Space
Size
0 SF
Rate per SF
$22

Location Insight

City
Traverse City
County
Grand Traverse
State
Michigan
Latitude
44.7642685
Longitude
-85.6150792
415 Front St, Traverse City, Michigan

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FAQs

What type of property is this?
Office property - Prime Office Space, River Views, Flexible Lease
Where is the office property located?
The property is located at 415 Front St Traverse City, MI.
What is the lease rate?
The lease rate is $22/SF/YR.
What are key features of this property?
This property features: Class B, 2021-built, four-story office building with 14,075 total square feet.; 4,890 square feet of vacant space available, divisible into units as small as 1,145 square feet, with a maximum contiguous space of 4,890 square feet.; Located in downtown Traverse City, Grand Traverse County, with Grand Traverse Bay and Boardman River views.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Daniel Stiebel
Daniel Stiebel
Visit Broker Website

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Front St
Traverse City, MI 49686

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Traverse City, MI 49686

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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415 Front St
  • Daniel Stiebel
    Daniel Stiebel
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