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Retail Building with Available Space
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1251 - 1253 W South Airport Rd, Traverse City, MI 49686

Partially leased retail property offering space for an owner-user or additional occupant.

Property SizeContact for details
Days on Market144

Property Features for 1251 - 1253 W South Airport Rd

General Information

Standard status Active
Property subtype Retail
Occupancy 50%

Site & Location

Frontage 200 ft
Traffic Count 36,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: EXIT Realty Paramount
Listed By: Marty Stevenson · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 3:08AM

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 EXIT Realty Paramount

Investment Insights

Based on property information with market context.

This retail property combines an established occupancy profile with room for a new user. Approximately half of the building is leased, while a 6,700-square-foot unit is available for lease. The offering includes real estate only; the operating business is not included.

The building fronts South Airport Road with nearly 200 feet of frontage and recorded traffic of 36,000 cars per day. Its footprint extends closer to the roadway than surrounding buildings, and allowable signage provides an additional on-site identification option. Nearby commercial activity includes national fast-food restaurants, local retailers, and a shopping center. The property is less than one-quarter mile from Garfield Road.

Key Highlights

  • 6,700 SF unit currently available for lease
  • Approximately half of the property is leased
  • Nearly 200’ of frontage along South Airport Road

Property Analytics

Current Use

Play It Again ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Daycare Center Veterinary Clinic 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

36,000 VPD
Traffic count
50%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby
210k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 18% Superstores 18% Groceries 8%
Big Lots Superstores
37,283 visits/mo 0.2 miles
Shell Shops & Services
18,854 visits/mo 0.2 miles
Taco Bell Dining
18,195 visits/mo 0.2 miles
Gordon Food Service Groceries
17,515 visits/mo 0.2 miles
Burger King Dining
16,904 visits/mo 0.3 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Partially leased retail property offering space for an owner-user or additional occupant.
Where is this retail space located?
The property is located at 1251 - 1253 W South Airport Rd Traverse City, MI.
What are key features of this property?
This property features: 6,700 SF unit currently available for lease; Approximately half of the property is leased; Nearly 200’ of frontage along South Airport Road
(231) 342-8072 Call to check price and availability
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