144 Hall St Traverse City, MI 49684
Thriving Traverse City marketplace with multi-tenant rental model.
- Added:
- Dec 9, 2025
- Days on Market:
- 217
- Last Refresh:
- May 27 at 2:18 am
Property Features for 144 Hall St
General Information
- Standard status
- Active
- Size
- 18,454 SF
- Lot size
- 0.75 Acres
Listing office REMAX Bayshore - West Shore Dr TC (231) 941-4500
Listing date Dec 9, 2025
Source Exprealty
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.
Key Highlights
- Established multi‑tenant rental model with 9 tenants.
- Prime location in Traverse City's thriving Warehouse District.
- Adaptable open floor plan suitable for various uses (marketplace, retail, mixed‑use).
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $354.3k | $19.20 |
| − Vacancy | −$28.3k | −$1.54 |
| EGI | $326.0k | $17.66 |
| − OpEx | −$97.8k | −$5.30 |
| NOI | $228.2k | $12.36 |
Alternative Uses
Property Analytics
Current Use by Public Records
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