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Industrial Warehouse Space
For Lease
$5,000/Mo

3945 Blue Star Drive, Traverse City, MI 49685

Commercial, Traverse City, MI

Space Size6,729 SF
Lot Size2.15 Acres
Days on Market76

Property Features for 3945 Blue Star Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Industrial, Commercial, Manufacture/Warehouse, Automotive Service
Parking features Parking Lot
Exterior features Steel
Lot features Industrial Park, Freestanding
Directions From US-31 S turn east onto Blue Star Drive. Building #3945 is the second building on the right.
Subdivision Grand Traverse
Standard status Active
Size 6,729 SF
Lot size 2.15 Acres

Taxes and HOA fees

Tax Description Lengthy - see tax card in Associated Documents
Tax Annual Amount 11665
Legal Description Lengthy - see tax card in Associated Documents

Utilities

Water source Private

Building Details

Building materials Steel, Frame
Roof type Metal
Listing Agency: REMAX Bayshore - West Shore Dr TC · RE/MAX International
Listed By: Jacob Elsenheimer
Added: Jun 16 Changed: Aug 19 Last Checked: Aug 30 at 7:06PM
MLS# 1946708

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 6,729-square-foot warehouse is available for lease within an established industrial park at 3945 Blue Star Drive in Traverse City, Michigan. The steel-framed building has a metal roof, multiple overhead doors, and ceiling heights of 16 and 18 feet. A 240V three-phase electrical service supports industrial, manufacturing, warehouse, and distribution operations.

The property occupies 2.15 acres and includes outdoor yard area, a parking lot, and space suitable for equipment, storage, or vehicle parking. Private water serves the site. Its location provides convenient access to town while maintaining an industrial setting with room for exterior operations.

Key Highlights

  • 6,729 SF of warehouse space available for lease
  • 2.15‑acre site with outdoor yard area and parking lot
  • Multiple overhead doors support loading and material movement

Property Analytics

Current Use

World Truck & Auto ... Auto Repair Shop Great Lakes Seamless ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Pharmacy Grocery & Convenience Store Nail Salon Locksmith (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type
$1.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49685, MI

20,856
Population
9,395
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
385
Density / Sq Mi
$82,639
Median Household Income
$45,783
Median Earnings
$1,338
Median Rent
$309,200
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 8% 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Walstrom Marine 228 US-31, Traverse City, MI 49685
  • Action Water Sports of Traverse City 611 Olesons Commerce Dr, Traverse City, MI 49685
  • Joe's Wheels and Water 639 W Blue Star Dr, Traverse City, MI 49685
  • John's Marine Service 753 Mizar Ct, Traverse City, MI 49685
  • Self-Storage at U-Haul 981 N U.S. 31 S, Traverse City, MI 49685

Frequently Asked Questions

What type of property is this?
Warehouse - Lease opportunity with overhead loading access, tall ceilings, outdoor storage capacity, and 240V three-phase power.
Where is this warehouse located?
The property is located at 3945 Blue Star Drive Traverse City, MI.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: 6,729 SF of warehouse space available for lease; 2.15‑acre site with outdoor yard area and parking lot; Multiple overhead doors support loading and material movement
More about this property
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