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

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