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Mixed-Use Property with Office Building
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10017 10021 Cherrybend Road, Traverse City, MI 49696

Combines residential quarters, dedicated offices, secure records storage, and private parking.

Property Size1,100 SF
Days on Market143

Property Features for 10017 10021 Cherrybend Road

General Information

Standard status Active
Size 1,100 SF
Total Parking Spaces 7
Property subtype Mixed Use

Property Condition

Severity Repairs Needed
Evidence potential for renovation/remodeling

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Office Units 3

Amenities

private entrances
large reception/showroom area
lockable records room
separate storage building with overhead door
second-floor storage

Building Details

Buildings 3
Listing Agency: Coldwell Banker Commercial Schmidt, Realtors Traverse City
Listed By: Kurt Hubschneider · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 3:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Schmidt, Realtors Traverse City

Investment Insights

Based on property information with market context.

This mixed-use property includes a 795 sq ft residence with 2 bedrooms and 1 bathroom, plus a separate 1,100 sq ft office building. The office layout provides 3 private offices, a reception and showroom area, 1 bathroom, and a lockable records room. Two offices have private entrances and parking spaces, while the property offers 7 spaces total. A separate storage building adds an overhead door and second-floor storage for equipment, inventory, or personal belongings.

The site has 123 feet of frontage on Cherrybend Road and is positioned across from Elmwood Twp Park. It is near the Leelanau Trail, Elmwood Marina, and Harbor West, with downtown Traverse City approximately 3 miles away. Access from M22 and the combination of residential and commercial improvements support a live-work configuration or separate occupancy of the residence and office components.

Key Highlights

  • Mixed‑use property with 795 sq ft residence and 1,100 sq ft office building
  • Residential component includes 2 bedrooms and 1 bathroom
  • Office building has 3 private offices, showroom/reception area, 1 bathroom, and lockable records room

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Pharmacy Electrical Service Restaurant Big Box & Wholesale Store Grocery & Convenience 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

3
Office units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby

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

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines residential quarters, dedicated offices, secure records storage, and private parking.
Where is this mixed-use property located?
The property is located at 10017 10021 Cherrybend Road Traverse City, MI.
What are key features of this property?
This property features: Mixed‑use property with 795 sq ft residence and 1,100 sq ft office building; Residential component includes 2 bedrooms and 1 bathroom; Office building has 3 private offices, showroom/reception area, 1 bathroom, and lockable records room
More about this property
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