516 E Front Street Active Save Request In-Person Tour Request Virtual Tour
Traverse City,MI 49686
$ 2400
- Bed
- Bath
1374 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 1,374 sqft
Subdivision Mi
MLS Listing ID 1926764
Year Built 1940
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 101 X 133
Property Description
Available for lease at 516 E. Front Street, Unit B, this prime commercial space in Downtown Traverse City offers 1,374 sq. ft. of versatile space under a tall 12 ft. vaulted ceiling. The large open area is accented with durable LVP flooring and beautiful Burnt wood, or "Yakisugi" trim, creating an inviting atmosphere, complemented by canned lighting for added ambiance. This beautifully tasteful space includes two private 10 x 10 offices and a waiting area that could efficiently serve as a reception/children's play area/or anything that your imagination can dream up! The property offers the convenience of two dedicated parking spaces in the rear and a large parking lot off the side. This lease allows for the opportunity for signage on Front Street and the side of the building. Tenants will be responsible for all utilities. Electric Avg. is $75, Gas Avg. is $135, and an additional $80/month for internet fee. The tenant is to obtain insurance for contents, while the landlord covers building insurance. No additional fee for snow removal or garbage. The lease is available for a minimum of 3 years, with a preferred term of 5 years, and includes a 3% annual riser. The space is perfect for businesses looking for a prime location.
Location
State MI
County Grand Traverse
Zoning Office,Retail,Commercial
Rooms
Basement Poured Concrete,Slab
Interior
Heating Forced Air,Central Air
Cooling Forced Air,Central Air
Exterior
Exterior Feature Stucco/Drivit
Roof Type Membrane
Present Use Other
Road Frontage Public Maintained
Total Parking Spaces 2
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 28-51-900-157-51
Ownership Private Owner
Acceptable Financing Modified Gross Lease
Listing Terms Modified Gross Lease