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Iconic Warehouse MRKT Building
For Sale
$2,950,000
Pending

144 Hall St, Traverse City, MI 49684

Prime mixed-use property in Traverse City's sought-after Warehouse District.

Property SizeContact for details
Lot Size0.72 Acres
Days on Market153

Property Features for 144 Hall St

General Information

Standard status Pending
Lot size 0.72 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $55,828

Building Details

Year Built 1926
Listing Agency: REMAX Bayshore - West Shore Dr TC
Listed By: Thomas S Corbett · License #6502134537
Source: Elliman
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 8 at 6:23AM

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 REMAX Bayshore - West Shore Dr TC

Investment Insights

Based on property information with market context.

This iconic Warehouse MRKT building, a cornerstone of Traverse City’s thriving Warehouse District, offers a blend of industrial design and a dynamic marketplace environment. The property houses 9 established tenants in a proven multi-tenant rental model. It features soaring ceilings, exposed beams, and an adaptable open floor plan, providing exceptional flexibility for various uses. Potential business uses include expanding the existing local marketplace, establishing a flagship retail concept, or pursuing a unique mixed-use redevelopment. Situated on three-quarters of an acre, the property includes convenient on-site parking. As an established pillar of the community, Warehouse MRKT combines character, location, and income potential, making it a prime asset in one of Traverse City’s most sought-after districts.

Key Highlights

  • Prime location in Traverse City's thriving Warehouse District.
  • Proven multi‑tenant rental model with 9 established tenants.
  • Adaptable open floor plan with soaring ceilings and exposed beams.

Property Analytics

Current Use

Water Bearer Coffee Cafe & Coffee Shop The Refillery Traverse City Department Store Handz On Art - Paint ... Training Center Waara Technologies Home Appliance Store Hexenbelle Cafe & Coffee Shop

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store HVAC Service Electrical Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,876
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Home Improvements & Furnishings 20% Hotels & Casinos 11% Groceries 5%
Speedway Shops & Services
11,773 visits/mo 0.4 miles
Ace Hardware Home Improvements & Furnishings
10,142 visits/mo 0.4 miles
Chase Bank Shops & Services
6,517 visits/mo 0.5 miles
Hotel Indigo Traverse City Hotels & Casinos
5,501 visits/mo 0.1 miles
Fifth Third Bank & ATM Shops & Services
5,224 visits/mo 0.2 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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Warehouse MRKT 144 Hall St, Traverse City, MI 49684
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Frequently Asked Questions

What type of property is this?
Shopping center - Prime mixed-use property in Traverse City's sought-after Warehouse District.
Where is this shopping center located?
The property is located at 144 Hall St Traverse City, MI.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Prime location in Traverse City's thriving Warehouse District.; Proven multi‑tenant rental model with 9 established tenants.; Adaptable open floor plan with soaring ceilings and exposed beams.
More about this property
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