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Former Drug Store Building
For Lease
$15 SF/Yr

1104 E Front St, Traverse City, MI 49686

C-3 zoning and a shared lot with Starbucks and Hungry Howie’s define the retail setting.

Space SizeContact for details
Property Size12,554 SF
Days on Market434

Property Features for 1104 E Front St

General Information

Standard status Active
Size 12,554 SF
Property subtype Retail

Building Details

Building Size 12,554 SF
Year Built 2017
Buildings 1
Stories 1
Listing Agency: Marcus & Millichap | Detroit
Listed By: John Nuzman · License #6502389859
Source: Cpix.resimplifi
Added: Jun 23, 2025 Changed: Aug 30 Last Checked: Aug 30 at 1:51AM

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 Marcus & Millichap | Detroit

Investment Insights

Based on property information with market context.

This former drug store building contains 12,554 square feet and was constructed in 2017. The property is zoned C-3, Community Center District, and is offered as retail space within an established commercial setting.

The building is located at 1104 E Front St. at the intersection of US 31 and M-37, approximately one mile east of downtown Traverse City. The shared lot includes Starbucks and Hungry Howie’s. Traverse City High School, Eastern Elementary, and Northwestern Michigan College are within one-half mile. The property also sits at the gateway to the Old Mission Peninsula Wine Trail, which includes 10 vineyards along 19 miles of coastline.

US 31 (Front St.) records an ADTC of 25,118. The surrounding market includes a summer population of 160,000 in Grand Traverse County and 16,000 in Traverse City.

Key Highlights

  • 12,554‑square‑foot former drug store building constructed in 2017
  • C‑3, Community Center District zoning
  • Located at US 31 (Front St.) and M‑37 (Garfield Ave.)

Property Analytics

Current Use

Rite Aid Pharmacy Coinhub Bitcoin ATM ... Atm Rite Aid Pharmacy Pharmacy

Suggested Use

Top Pick Carpet & Flooring Store Locksmith HVAC Service Parking Lot & Garage Catering Service Barber Shop

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

656
Businesses Nearby
77k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Groceries 19% Hotels & Casinos 8% Shops & Services 3%
Starbucks Dining
15,610 visits/mo 0.1 miles
Taco Bell Dining
14,633 visits/mo 0.4 miles
Family Fare Groceries
14,551 visits/mo 0.4 miles
Little Caesars Pizza Dining
9,060 visits/mo 0.2 miles
Jimmy John's Dining
7,341 visits/mo 0.2 miles

Demographics for 49686, MI

25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Drug store - C-3 zoning and a shared lot with Starbucks and Hungry Howie’s define the retail setting.
Where is this drug store located?
The property is located at 1104 E Front St 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: 12,554‑square‑foot former drug store building constructed in 2017; C‑3, Community Center District zoning; Located at US 31 (Front St.) and M‑37 (Garfield Ave.)
More about this property
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