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Retail Condo with Flexible Layout
For Lease
$26 SF/Yr

135 Pine Street, Traverse City, MI 49684

Newly planned commercial unit in downtown Traverse City with a versatile configuration for retail occupancy.

Space Size1,743 SF
Days on Market406

Property Features for 135 Pine Street

General Information

Standard status Active
Size 1,743 SF
Net Rentable 1,743 SF
Zoning Commercial

Space & Availability

Available Space 1,743 SF
Contiguous Space 1,743 SF
Space Use Retail
Available From 2026-06

Building Details

Building Size 1,743 SF
Year Built 2026
Listing Agency: Three West, LLC
Listed By: Kevin L Endres · License #6502377374
Source: Homesforsaleinmich
Added: Jul 21, 2025 Changed: Aug 29 Last Checked: Aug 11 at 6:00AM

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.

135 Pine Street offers a 1,743-square-foot retail condo unit in downtown Traverse City. The property is scheduled for completion in June 2026 and is planned with a contemporary design and adaptable interior arrangement.

The location places the space within the downtown Traverse City setting, providing a commercial address for a retail operation. The unit is offered for rent and may suit businesses seeking a new-build storefront with room to organize the interior around their operations.

Key Highlights

  • 1,743 SF retail condo unit
  • Scheduled for completion in June 2026
  • Located at 135 Pine Street in downtown Traverse City

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

$22.97 /SF/Yr
Avg Asking Price
$10–$37 /SF/Yr
Price Range
3,943 SF
Avg Space Size

This space is priced 13% above the average of $22.97 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Newly planned commercial unit in downtown Traverse City with a versatile configuration for retail occupancy.
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; Scheduled for completion in June 2026; Located at 135 Pine Street in downtown Traverse City
More about this property
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