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Retail Space in Downtown Traverse
For Lease
$26 SF/Yr

135 Pine St, Traverse City, MI 49684

Prime retail condo in downtown Traverse City, available June 2026.

Space SizeContact for details
Property Size1,743 SF
Days on Market106

Property Features for 135 Pine St

General Information

Standard status Active
Size 1,743 SF
Property subtype Commercial

Building Details

Year Built 2026
Listing Agency: Three West, LLC
Listed By: Noah Endres · License #6505352968
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 6 at 5:16AM

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 Three West, LLC

Investment Insights

Based on property information with market context.

This 1,743 square foot condo unit offers a retail opportunity in downtown Traverse City. The property, scheduled for completion in June of 2026, has C-4c zoning, catering to retail businesses. The location is in the heart of Traverse City. The property has modern amenities and a versatile layout, suitable for businesses seeking retail space in an area primed for growth. The location is very bikeable (bike score: 85) and very walkable (walk score: 84).

Key Highlights

  • Prime retail location in downtown Traverse City.
  • C‑4c zoning ideal for retail businesses.
  • 1,743 SF condo unit with a versatile layout.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Electrical Service HVAC Service Building Supply

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
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

791
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 86% Dining 11% Electronics 3%
7-Eleven Shops & Services
7,779 visits/mo 0.4 miles
Speedway Shops & Services
7,650 visits/mo 0.1 miles
Huntington Bank Shops & Services
5,865 visits/mo 0.5 miles
The UPS Store Shops & Services
5,132 visits/mo 0.4 miles
Mobil Shops & Services
5,026 visits/mo 0.3 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

$21.63 /SF/Yr
Avg Asking Price
$8.34–$37 /SF/Yr
Price Range
4,964 SF
Avg Space Size

This space is priced 20% above the average of $21.63 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Prime retail condo in downtown Traverse City, available June 2026.
Where is this retail space located?
The property is located at 135 Pine St Traverse City, MI.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Prime retail location in downtown Traverse City.; C‑4c zoning ideal for retail businesses.; 1,743 SF condo unit with a versatile layout.
More about this property
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