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Retail Condo Unit for Lease
For Lease
$26 SF/Yr

135 Pine Street, Traverse City, MI 49684

COMMERCIAL - Traverse City, MI

Space Size1,743 SF
Lot Size0.02 Acres
Days on Market399

Property Features for 135 Pine Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning description Commercial
Exterior features Brick, Cement Board
Lot features Corner Lot
Directions South east corner of Pine St and W Front St.
Subdivision Grand Traverse
Standard status Active
Size 1,743 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Description Lengthy see documents.
Legal Description Lengthy see documents.

Building Details

Building materials Steel, To Be Built, 2x6 Framing
Roof type Membrane
Listing Agency: Three West, LLC
Listed By: Kevin Endres · License #6505352968
Added: Jul 21, 2025 Changed: Aug 4 Last Checked: Aug 23 at 8:06AM
MLS# 1936600

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.

A newly planned retail condo unit is available for lease at 135 Pine Street in Traverse City. The space is approximately 1,743 square feet and is scheduled to be completed in June 2026, offering a modern buildout and a versatile layout for retail use.

The property is designated for C-4c zoning, supporting retail businesses. Offered as a condo unit, it provides a defined commercial space for tenants looking to establish in the downtown Traverse City retail market.

This lease opportunity is specifically positioned as a retail-ready space with the timeline set for mid-2026 completion, giving tenants a concrete path to occupancy planning.

Key Highlights

  • 1,743 SF retail condo unit at 135 Pine St in downtown Traverse City
  • Scheduled for completion in June 2026
  • C‑4c zoning suitable for retail businesses

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

2,052
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 56% Hotels & Casinos 19% Groceries 8% Dining 7%
Chase Bank Shops & Services
6,517 visits/mo 0.3 miles
Hotel Indigo Traverse City Hotels & Casinos
5,501 visits/mo 0.2 miles
Fifth Third Bank & ATM Shops & Services
5,224 visits/mo 0.1 miles
Huntington Bank Shops & Services
3,876 visits/mo 0.3 miles
Rocket Fizz Groceries
2,403 visits/mo 0.1 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

$22.35 /SF/Yr
Avg Asking Price
$10–$37 /SF/Yr
Price Range
4,522 SF
Avg Space Size

This space is priced 16% above the average of $22.35 /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 - Newly planned 1,743 SF retail condo unit with C-4c zoning, scheduled for completion in June 2026.
Where is this retail space located?
The property is located at 135 Pine Street 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: 1,743 SF retail condo unit at 135 Pine St in downtown Traverse City; Scheduled for completion in June 2026; C‑4c zoning suitable for retail businesses
More about this property
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