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Retail Space in Shopping Center
New
For Lease
$19 SF/Yr

1525 S Division St, Traverse City, MI 49684

C-3 zoning supports retail, food service, and office uses at this Traverse City property.

Space SizeContact for details
Days on Market3

Property Features for 1525 S Division St

General Information

Standard status Active
Property subtype Commercial
Zoning C-3

Additional Details

Anchor Co-Tenants Little Caesar's, SVS Vision, Miracle Ear

Building Details

Year Built 2001
Tenancy Multi
Listing Agency: Coldwell Banker Schmidt Traverse City
Listed By: Adam W Miller · License #6501360074
Source: Elliman
Added: Sep 24 Last Checked: Sep 24 at 2:20PM

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 Coldwell Banker Schmidt Traverse City

Investment Insights

Based on property information with market context.

Retail space at 1525 S Division St in Traverse City is part of a shopping center built in 2001. C-3 zoning accommodates retail, food service, and office uses, among others.

Meijer is across US-31 from the center, which also has Little Caesar’s, SVS Vision, and Miracle-Ear as anchor tenants. On-site parking is available. The property has a Walk Score of 80 and a Bike Score of 90.

Key Highlights

  • C‑3 zoning supports retail, food service, and office uses
  • Shopping center built in 2001
  • Meijer is across US‑31 from the property

Property Analytics

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Current Use

Stash House Cannabis ... (Bike/Boat/Book/etc) Store CuTea Boba Cafe & Coffee Shop Kids Creek Marketplace Shopping Center & Mall Ohmen Vape Shop (Bike/Boat/Book/etc) Store Ballet Etc. Dance ... Training Center

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Storage Facility Barber Shop Plumbing Service

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

377
Businesses Nearby
227k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 50% Shops & Services 29% Dining 21%
Meijer Groceries
113,001 visits/mo 0.4 miles
Meijer Gas Station Shops & Services
33,818 visits/mo 0.3 miles
Burger King Dining
18,860 visits/mo 0.2 miles
Dollar Tree Shops & Services
9,895 visits/mo 0.3 miles
Wendy's Dining
9,236 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Traverse City, MI

$20.24 /SF/Yr
Avg Asking Price
$10–$32.26 /SF/Yr
Price Range
4,932 SF
Avg Space Size

This space is priced 6% below the average of $20.24 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - C-3 zoning supports retail, food service, and office uses at this Traverse City property.
Where is this retail space located?
The property is located at 1525 S Division St Traverse City, MI.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: C‑3 zoning supports retail, food service, and office uses; Shopping center built in 2001; Meijer is across US‑31 from the property
More about this property
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