Retail Space with
For Lease
$4,500/Mo
2751 N Us-31 S, Traverse City, MI 49684
Commercial retail space combines an open customer-facing area with separate storage and mezzanine capacity.
Space Size5,852 SF
Days on Market1298
Property Features for 2751 N Us-31 S
General Information
Standard status
Active
Size
5,852 SF
Net Rentable
5,852 SF
Zoning
Commercial
Space & Availability
Available Space
5,852 SF
Contiguous Space
5,852 SF
Space Use
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
5,850 SF
Year Built
1954
Listing Agency:
Twin Bay Properties, LLC
(231) 357-7800
Listed By:
David G Cutler · License #6502417683
(231) 357-7800
Source:
Sabudarealty
Added: Feb 9, 2023
Changed: Aug 29
Last Checked: Aug 29 at 1:16PM
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 Twin Bay Properties, LLC
Investment Insights
Based on property information with market context.
This commercial retail space offers 5,177 square feet of retail and open area, complemented by a 675-square-foot storage room with mezzanine space. The 1954 building is zoned Commercial and provides a straightforward configuration for retail occupancy.
The property is positioned along US-31 South near Grand Traverse Mall, auto dealerships, big box stores, and chain restaurants. It is also across from the new Chick Filet, placing the space within an established commercial corridor with nearby retail and restaurant activity.
The property is positioned along US-31 South near Grand Traverse Mall, auto dealerships, big box stores, and chain restaurants. It is also across from the new Chick Filet, placing the space within an established commercial corridor with nearby retail and restaurant activity.
Key Highlights
- 5,177 sq. ft. of retail and open space
- 675 sq. ft. storage room with mezzanine
- Commercial zoning
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.38 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
518k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 26%
Dining 21%
Superstores 20%
Shops & Services 14%
Target
Superstores
104,507 visits/mo
0.5 miles
T.J. Maxx
Apparel
39,140 visits/mo
0.5 miles
Chick-fil-A
Dining
38,043 visits/mo
0.1 miles
AMC CLASSIC Cherry Blossom 14
Leisure
36,523 visits/mo
0.4 miles
Dunham's Sports
Apparel
35,929 visits/mo
0.4 miles
Demographics for 49684, MI
22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
Median Home Value
Market
Lease Benchmarks for Traverse City, MI
$22.97 /SF/Yr
Avg Asking Price
$10–$37 /SF/Yr
Price Range
3,943 SF
Avg Space Size
This space is priced 60% below the average of $22.97 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Commercial retail space combines an open customer-facing area with separate storage and mezzanine capacity.
Where is this retail space located?
The property is located at 2751 N Us-31 S Traverse City, MI.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: 5,177 sq. ft. of retail and open space; 675 sq. ft. storage room with mezzanine; Commercial zoning
