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Retail Space Under Construction
For Lease
$26 SF/Yr

135 Pine Street, Traverse City, MI 49684

Commercial, Traverse City, MI

Space Size1,743 SF
Lot Size0.02 Acres
Days on Market409

Property Features for 135 Pine Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning description Commercial
Exterior features Brick, Cement Board
Lot features Corner Lot
Directions South east corner of Pine St and W Front St.
Subdivision Grand Traverse
Standard status Active
Size 1,743 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Description Lengthy see documents.
Legal Description Lengthy see documents.

Building Details

Building materials Steel, To Be Built, 2x6 Framing
Roof type Membrane
Listing Agency: Three West, LLC
Listed By: Kevin Endres · License #6505352968
Added: Jul 21, 2025 Changed: Sep 1 Last Checked: Sep 2 at 5:06AM
MLS# 1936600

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The planned retail condominium at 135 Pine Street will provide 1,743 square feet within a new construction project. Completion is scheduled for June 2026, giving occupants a recently built commercial setting rather than an existing second-generation space. The design incorporates steel construction with 2x6 framing, a membrane roof, and exterior finishes of brick and cement board.

The property is located in downtown Traverse City, Michigan, and carries C-4c zoning. Its Pine Street address places the unit within the city’s central commercial area, while the condominium format offers a defined retail space in a new development. The combination of a specified retail classification, downtown setting, and planned completion date provides a clear framework for evaluating the premises.

Key Highlights

  • 1,743 SF retail condominium planned for completion in June 2026
  • C‑4c zoning designated for the property
  • Located at 135 Pine Street in downtown Traverse City, MI 49684

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Electrical Service HVAC Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,052
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 56% Hotels & Casinos 19% Groceries 8% Dining 7%
Chase Bank Shops & Services
6,517 visits/mo 0.3 miles
Hotel Indigo Traverse City Hotels & Casinos
5,501 visits/mo 0.2 miles
Fifth Third Bank & ATM Shops & Services
5,224 visits/mo 0.1 miles
Huntington Bank Shops & Services
3,876 visits/mo 0.3 miles
Rocket Fizz Groceries
2,403 visits/mo 0.1 miles

Demographics for 49684, MI

22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
Median Home Value

Market

Lease Benchmarks for Traverse City, MI

$21.68 /SF/Yr
Avg Asking Price
$10–$35 /SF/Yr
Price Range
4,782 SF
Avg Space Size

This space is priced 20% above the average of $21.68 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Planned C-4c unit scheduled for completion in June 2026 within downtown Traverse City.
Where is this retail space located?
The property is located at 135 Pine Street Traverse City, MI.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 1,743 SF retail condominium planned for completion in June 2026; C‑4c zoning designated for the property; Located at 135 Pine Street in downtown Traverse City, MI 49684
More about this property
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