867 S US-31, Traverse City, MI 49685
COMMERCIAL - Traverse City, MI
Property Features for 867 S US-31
General Information
Taxes and HOA fees
Building Details
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.
The property is located within Blair Plaza in Traverse City, offering visibility and parking to support day-to-day operations. Public remarks also note that the Chums Corner area has seen growth, with many national and regional companies operating in and around Blair Plaza.
The tenant is responsible for rent and utilities, including water and sewer (approx. $65.74 monthly), plus a share of snow removal (approx. 6.49% annually) and liability insurance. The landlord covers landscaping, property taxes, and building insurance.
Key Highlights
- Retail for lease in Blair Plaza with large end‑cap windows and a service door to the back lot for deliveries and employee parking
- Parking lot on‑site plus big windows for visibility
- Brick exterior building with brick/block construction
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 49685, MI
Market
Lease Benchmarks for Traverse City, MI
This space is priced 35% below the average of $22.42 /SF/Yr.
Vacancy Rate% for Retail in Midwest region