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    2751 N Us-31 S Traverse City, MI 49684

    For Lease
    $14 SF/Yr ($3,822 /Mo)

    Medical/Dental,Office Building,Retail Store,Wholesale,Other - Traverse City, MI

    Property size:
    3,276 SF
    Lot size:
    1.28 Acres
    Days on Market:
    558
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 2751 N Us-31 S

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement, Bathroom 1, Bathroom 2
    Bathrooms
    2
    Basement Y/N
    1
    Size
    3,276 SF
    Lot size
    1.28 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1954
    Roof type
    Membrane
    Architectural style
    Other

    Twin Bay Properties, LLC (231) 357-7800 [email protected]

    Listing agent David Cutler (231) 357-7800

    Listing date May 28, 2024

    MLS# 1908308 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 Commercial Space For Rent

    This high visibility commercial space is located on a high traffic area of US-31 South near the Grand Traverse Mall, auto dealerships, big box stores, and chain restaurants, and across from the new Chick-fil-A. The building is closer to the highway, providing unparalleled exposure. The property offers 2,603 square feet of retail or open space, along with a 675 square foot storage room with a mezzanine. The total living area is 3,276 square feet. The lot size is 1.28 acres. The property is zoned commercial and suitable for medical, dental, office, retail, or wholesale use. The owner is offering two months of free rent with a three-year lease and three months of free rent with a five-year lease. The property is located in Traverse City, Michigan, in Grand Traverse County.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.646835
    Latitude
    44.728079

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    FAQs

    What type of property is this?
    Retail space - High-visibility commercial space near Grand Traverse Mall on US-31 South.
    Where is this retail space located?
    The property is located at 2751 N Us-31 S Traverse City, MI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on high-traffic US-31 South.; - Close proximity to Grand Traverse Mall, auto dealerships, big box stores, and chain restaurants.; - Building's pre-ordinance construction provides unparalleled highway exposure.
    (231) 357-7800
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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
    2751 N Us-31 S Traverse City, MI 49684
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