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    308 S Us-31 Traverse City, MI 49685

    Sponsored
    For Lease
    $2,000 /Mo ($15 SF/Yr)

    Office Building,Retail Store - Traverse City, MI

    Property size:
    1,600 SF
    Lot size:
    0.85 Acres
    Days on Market:
    154
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 308 S Us-31

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    1,600 SF
    Lot size
    0.85 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1999
    Roof type
    Asphalt
    Architectural style
    Other

    Manitou Commercial Real Estate, LLC (231) 632-9596 [email protected]

    Listing agent Kevin Query (231) 632-9596

    Listing date Aug 5, 2025

    MLS# 1937221 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

    Retail/Office Space on US-31

    This versatile 1,600 square foot space is located along the high-traffic US-31 corridor in Traverse City, MI. Situated on a 0.85-acre lot, the property offers exceptional visibility, dedicated private parking, and prominent pylon signage. The commercial-zoned unit is ideal for either retail or office use, offering the flexibility and exposure needed to support and grow your business in one of the area's most active commercial zones. It is located in Grand Traverse County, with a postal code of 49685.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.656773
    Latitude
    44.681759

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    FAQs

    What type of property is this?
    Retail space - Versatile retail or office space with high visibility and parking.
    Where is this retail space located?
    The property is located at 308 S Us-31 Traverse City, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on US-31 corridor.; - Exceptional visibility.; - Dedicated private parking.
    (231) 632-9596
    Request Owner's contact information
    308 S Us-31 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

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    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
    308 S Us-31 Traverse City, MI 49685
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