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    274 N Us-31 S Traverse City, MI 49685

    Sponsored
    For Lease
    $12,700 /Mo ($18 SF/Yr)

    Manufacture/Warehouse,Retail Store,Service - Traverse City, MI

    Property size:
    8,250 SF
    Lot size:
    2.90 Acres
    Days on Market:
    161
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 274 N Us-31 S

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    8,250 SF
    Lot size
    2.90 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1983
    Roof type
    Asphalt
    Architectural style
    Other

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

    Listing agent David Frost (231) 929-2955

    Listing date Jul 29, 2025

    MLS# 1930940 Listing URL

    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.

    Overview

    Traverse City Retail/Warehouse Space

    This highly visible commercial property in Traverse City, MI, is situated on a 2.89-acre parcel with 414 feet of frontage on US 31 South and 304 feet on Sundowner Drive. The property features a 7,104 sq ft open retail building with an additional 1,146 sq ft on the second level, totaling 8,250 sq ft. The building includes four 14’ x 14’ overhead doors at the rear and a 16’ ceiling height. Mezzanine offices overlook the sales floor. The property has been remodeled and offers ample parking with significant space for outside display. US 31 South had a traffic count of 25,600 cars per day in 2023. The property is zoned commercial and suitable for manufacture, warehouse, retail store, or service-oriented businesses.
    Location Intelligence

    Current Use by Public Records

    Showrooms

    Similar Places Nearby

    Rectangles, Flooring America, Ramon LLC, Waterland Tile Co

    Map

    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.655622
    Latitude
    44.690733

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    FAQs

    What type of property is this?
    Showroom - Highly visible retail/warehouse space with ample parking and frontage.
    Where is this showroom located?
    The property is located at 274 N Us-31 S Traverse City, MI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location with 414 feet of frontage on US 31 South and easy ingress/egress.; - Large 8,250 Sq Ft retail building (7,104 Sq Ft on first level and 1,146 Sq Ft on second level).; - High traffic count: 25,600 cars per day on US 31 South (2023).
    (231) 620-5705
    Request Owner's contact information
    274 N Us-31 S Traverse City, MI 49685
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    Traverse City, MI 49685
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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
    274 N Us-31 S Traverse City, MI 49685
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