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Industrial Warehouse with Overhead Door
For Lease
$4,950/Mo

1416 Industry Drive, Traverse City, MI 49696

COMMERCIAL - Traverse City, MI

Space Size4,860 SF
Property Size9,720 SF
Lot Size1.26 Acres
Days on Market156

Property Features for 1416 Industry Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Industrial, Manufacture/Warehouse
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking 10
Parking features Parking Lot
Exterior features Steel
Lot features Industrial Park
Directions From S Garfield turn right onto W Hammond Rd then left onto Industry Drive.
Subdivision Grand Traverse
Standard status Active
Size 4,860 SF
Lot size 1.26 Acres

Taxes and HOA fees

Tax Description UNIT 26 HAMMOND INDUSTRIAL CENTRE GRAND TRAVERSE CONDO SUBDIVISION NO 160SEC26 T27N R11W
Tax Annual Amount 20094
Legal Description UNIT 26 HAMMOND INDUSTRIAL CENTRE GRAND TRAVERSE CONDO SUBDIVISION NO 160SEC26 T27N R11W

Utilities

Water source Private

Building Details

Building materials Steel
Roof type Metal
Listing Agency: REMAX Bayshore - West Shore Dr TC · RE/MAX International
Listed By: Brooks Wilcox
Added: Mar 2 Changed: Aug 4 Last Checked: Aug 5 at 7:06PM
MLS# 1942612

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 4,860-square-foot industrial space is available within a 9,720-square-foot building in a well-established industrial park. The suite is strictly industrial and includes one bathroom, ten dedicated parking spaces, and a large 14'x14' overhead door designed to support loading, unloading, and day-to-day workflow.

Power capacity is a key feature: the space is equipped with two separate 240V, 60A dedicated circuits, each with its own safety disconnects. This electrical setup is suited for equipment such as air compressors, mini splits or HVAC units, welders, shop machinery, well pumps, and large motors.

Located at 1416 Industry Drive in Traverse City, the property provides convenient access within an established industrial corridor. It is offered as clean, functional space with utility-ready operations and no unnecessary office buildout.

Key Highlights

  • 4,860 SF industrial space available within a 9,720 SF building in an established industrial park
  • Steel construction with a metal roof
  • Large 14' x 14' overhead door for shipping, receiving, and workflow operations

Property Analytics

Current Use

ATS Fleet Service ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Law Firm Auto Parts Store Grocery & Convenience Store

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

1
Drive-in doors
NNN (Triple Net)
Lease Type
$1.83 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49696, MI

9,528
Population
5,005
Households
1.9
Avg Household Size
43
Median Age
41%
College-Educated
96%
High-School Grad
68.7 sq mi
ZIP Area
139
Density / Sq Mi
$96,138
Median Household Income
$46,893
Median Earnings
$1,309
Median Rent
$289,300
Median Home Value

Market

Lease Benchmarks for Traverse City, MI

$10.24 /SF/Yr
Avg Asking Price
$5–$14.98 /SF/Yr
Price Range
8,990 SF
Avg Space Size

This space is priced 19% above the average of $10.24 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Ashland Storage 1067 N Rusch Rd, Traverse City, MI 49696

Frequently Asked Questions

What type of property is this?
Warehouse - 4,860 SF industrial suite in an industrial park with a 14'x14' overhead door, one bathroom, and ten dedicated parking spaces.
Where is this warehouse located?
The property is located at 1416 Industry Drive Traverse City, MI.
What is the lease rate?
The lease rate is $4,950/Mo.
What are key features of this property?
This property features: 4,860 SF industrial space available within a 9,720 SF building in an established industrial park; Steel construction with a metal roof; Large 14' x 14' overhead door for shipping, receiving, and workflow operations
More about this property
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