Retail Space in Shopping
For Lease
$20 SF/Yr
1545 S Division, Traverse City, MI 49684
C-3 zoning supports retail, food service, and office uses.
Space SizeContact for details
Days on Market130
Property Features for 1545 S Division
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
2001
Listing Agency:
Coldwell Banker Schmidt Traverse City
(231) 715-1033
Listed By:
Adam W Miller · License #6501360074
(231) 715-1033
Source:
Elliman
Added: Apr 24
Changed: Aug 29
Last Checked: Aug 30 at 6:15PM
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.
This retail space is offered for rent within a shopping center completed in 2001. C-3 zoning supports a range of commercial applications, including retail, food service, and office use.
The property fronts US-31 in Traverse City, across from Meijer. Little Caesar's, SVS Vision, and Miracle Ear are identified as anchor tenants within the center, and onsite parking is available. Walk Score is 17 and Bike Score is 32, reflecting a setting primarily oriented toward automobile access.
The property fronts US-31 in Traverse City, across from Meijer. Little Caesar's, SVS Vision, and Miracle Ear are identified as anchor tenants within the center, and onsite parking is available. Walk Score is 17 and Bike Score is 32, reflecting a setting primarily oriented toward automobile access.
Key Highlights
- Retail space in a shopping center on US‑31
- C‑3 zoning supports retail, food service, and office uses
- Located across from Meijer in Traverse City
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
227k
Monthly Visits Nearby
Explore this area
Business Placement
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
Market
Lease Benchmarks for Traverse City, MI
$22.97 /SF/Yr
Avg Asking Price
$10–$37 /SF/Yr
Price Range
3,943 SF
Avg Space Size
This space is priced 13% below the average of $22.97 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask 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.
Where is this retail space located?
The property is located at 1545 S Division Traverse City, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Retail space in a shopping center on US‑31; C‑3 zoning supports retail, food service, and office uses; Located across from Meijer in Traverse City
