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Clear-Span Warehouse Facility
For Lease
$9 SF/Yr

343 Hughes Drive, Traverse City, MI 49696

Commercial, Traverse City, MI

Space Size21,480 SF
Lot Size1.95 Acres
Days on Market181

Property Features for 343 Hughes Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Industrial
Parking features Parking Lot
Exterior features Steel
Lot features Industrial Park
Directions Located on Hughes Dr
Subdivision Grand Traverse
Standard status Active
Size 21,450 SF
Lot size 1.95 Acres

Taxes and HOA fees

Tax Description LOT 17 GARFIELD HEIDBREDER INDUSTRIAL PARK.
Legal Description LOT 17 GARFIELD HEIDBREDER INDUSTRIAL PARK.

Building Details

Building materials Steel
Roof type Membrane, Metal
Listing Agency: Manitou Commercial Real Estate, LLC
Listed By: Kevin Query · License #6502433236
Added: Mar 2 Changed: Aug 30 Last Checked: Aug 30 at 9:06PM
MLS# 1942641

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.

This steel warehouse facility provides a clear-span interior with high ceilings, multiple overhead doors, warehouse lighting, and wide drive aisles. The building includes roughly 2,000 SF of dedicated office space and utility infrastructure intended to support industrial and storage operations. A truck dock is currently under construction.

The property occupies 1.95 acres in Hughes Dr Industrial Park at 343 Hughes Drive in Traverse City, Michigan. A parking lot and membrane and metal roofing are included among the site and building features. The layout is configured for a single user and accommodates racking and operational workflow.

Key Highlights

  • 21,480 SF warehouse facility with roughly 2,000 SF of dedicated office space
  • Clear‑span layout with high ceilings and multiple overhead doors
  • 1.95‑acre site in Hughes Dr Industrial Park

Property Analytics

Current Use

Quality Time Components Computer & Electronic Repair

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Auto Repair Shop Plumbing Service Grocery & Convenience Store Restaurant

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

Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49696, MI

9,528
Population
5,005
Households
1.9
Avg Household Size
43
Median Age
41%
College-Educated
96%
High-School Grad
68.7 sq mi
ZIP Area
139
Density / Sq Mi
$96,138
Median Household Income
$46,893
Median Earnings
$1,309
Median Rent
$289,300
Median Home Value

Market

Lease Benchmarks for Traverse City, MI

$9.73 /SF/Yr
Avg Asking Price
$8.25–$12.8 /SF/Yr
Price Range
11,648 SF
Avg Space Size

This space is priced 7% below the average of $9.73 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Ashland Storage 1067 N Rusch Rd, Traverse City, MI 49696
  • Allied Van Lines 2040 Traversefield Dr #100, Traverse City, MI 49686

Frequently Asked Questions

What type of property is this?
Warehouse - Steel warehouse with office space, overhead loading doors, wide drive aisles, and infrastructure suited to industrial operations.
Where is this warehouse located?
The property is located at 343 Hughes Drive Traverse City, MI.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 21,480 SF warehouse facility with roughly 2,000 SF of dedicated office space; Clear‑span layout with high ceilings and multiple overhead doors; 1.95‑acre site in Hughes Dr Industrial Park
More about this property
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