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    16961 Center Rd Traverse City, MI 49686

    For Lease
    $6,000 /Mo ($3 SF/Yr)

    Manufacture/Warehouse,Service,Other - Traverse City, MI

    Property size:
    20,311 SF
    Lot size:
    3.00 Acres
    Days on Market:
    184
    Last Refresh:
    Dec 13 at 5:06 am

    Property Features for 16961 Center Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agricultural,Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    20,311 SF
    Lot size
    3.00 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1946
    Building materials
    Block
    Roof type
    Membrane, Metal
    Architectural style
    Other

    Three West, LLC (231) 929-2955 [email protected]

    Listing agent Kevin Endres (231) 929-2955

    Listing date Jun 13, 2025

    MLS# 1934979 Listing URL

    Copyright © 2025 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.

    Overview

    Traverse City Warehouse with Cold Storage

    This property, historically used for boat storage and service, features a 20,311 square foot building. The building includes 12,000 square feet of cold storage accessible via two large sliding doors, a 2,280 square foot maintenance shop with two overhead doors, and additional showroom/office space. The property also offers approximately 20,000 square feet of existing boat storage yard, with an additional 10,000 square feet of area available for conversion to outdoor boat storage. Situated on 3 acres, this location presents an opportunity to service the boats of the Old Mission Peninsula.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bowers Harbor Boat ... Boat Repair Shop

    Suggested Use

    Restaurant Hotel & Motel Department Store Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.50581
    Latitude
    44.934965

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    FAQs

    What type of property is this?
    Warehouse - 20,311 SF warehouse with cold storage and service areas.
    Where is this warehouse located?
    The property is located at 16961 Center Rd Traverse City, MI.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Large 19,481 SF building suitable for boat storage and service.; - Includes 12,000 SF of cold storage with two large sliding doors.; - Features a 2,280 SF maintenance shop with two overhead doors.
    (231) 929-2955
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16961 Center Rd Traverse City, MI 49686
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