How Much to Hang Up Your Shingle? The going rate for commercial space in and around TC
If you're in the market for some
commercial space to lease – either
for the small accounting firm you're
moving north or for that new retail
business you dream of launching – your
options are plentiful. Name your size,
location and price, and start shopping around. To give you an idea of what's available these days, the BN took a
spin around Traverse City.
Some sweet spots we found:
Office on the Water
Where: CenterPointe office building,
12935 SW Bay Shore Dr., Traverse City
How big: 456 square feet
How much: $1,100 (all inclusive)/month
Ideal uses: Office, retail banking or
personal services
Perks: Located two miles from downtown Traverse City; balcony overlooks West Grand Traverse Bay; main floor, covered parking, access to conference room, auditorium and fitness room
Close the Deal: gocenterpointe.com
Downtown Shop
Where: 541 W. Front St., Traverse City
How big: 1,440 square feet
How much: $2,000/month
Ideal uses: Retail, restaurant
Perks: Street level visibility, big picture windows; remodeled in '04 (saving the original tin ceiling); corner lot; neighboring businesses attract destination shoppers; landlord pays taxes.
Close the Deal: MLS: 1708984
Just a Bit Outside
Where: 5756 US 31 North, Acme
How big: 1,336 square feet
How much:$1,441/month
Ideal uses: Retail
Perks: Located on busy US-31 near major intersection with M-72 – the main drag into TC – with parking, lighted signage available above door, plus signage space at road
Close the Deal: MLS 1698735
On the Strip
Where: 3337 West S. Airport Road, Ste. 1, Traverse City
How big: 2,370 square feet, or front and rear
could be divided
How much: $2,995/month
Ideal uses: Retail, office; neighbors include AT&T
and Family Video
Perks: Located on busy thoroughfare across from Grand Traverse Mall main entry; curb-side parking, special incentives for long-term tenant
Close the Deal: 231.946.5100.
Central TC
Where: 227 Lake Ave., Traverse City
How big: 3,250 square feet
How much: $3,800/month
Ideal uses: Office, restaurant, retail
Perks: Close to downtown; across from city's largest employer, Hagerty Insurance, as well as bars, restaurant and Boardman River; building has 30-plus parking spaces and new parking deck under construction nearby
Close the Deal: MLS 1698480