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Flex Space with Semi Truck Access
For Lease
Under Contract
$7,950/Mo

1555 S M-37, Traverse City, MI 49685

COMMERCIAL - Traverse City, MI

Space Size11,440 SF
Lot Size7.10 Acres
Days on Market150

Property Features for 1555 S M-37

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description Industrial, Manufacture/Warehouse
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 2, Bathroom 4, Bathroom 1
Parking features Parking Lot
Exterior features Steel
Lot features Freestanding
Directions East Side of Highway Just South of Chums Corners.
Subdivision Grand Traverse
Standard status Active Under Contract
Size 11,440 SF
Lot size 7.10 Acres

Taxes and HOA fees

Tax Description Check Associated Docs
Legal Description Check Associated Docs

Utilities

Water source Private

Building Details

Building materials Block, Steel
Roof type Metal
Listing Agency: Five Star Real Estate - Front St TC
Listed By: Sam Abood · License #6504216686
Added: Mar 25 Changed: Aug 4 Last Checked: Aug 21 at 12:06AM
MLS# 1943202

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.

This flex space at 1555 S M-37 in Traverse City is set up for combined manufacturing, storage, and retail use, with a mix of warehouse, workshop, and office space. The facility includes 11,440 square feet of building area with truck loading docks and multiple overhead doors to support move-in and day-to-day operations.

The property sits on a 7.1-acre site, with approximately 3 acres of the site identified as usable. It has direct highway frontage for semi truck access, and the exterior construction is steel and block with a metal roof. Parking is provided via a parking lot, and the water source is listed as private.

The interior layout includes multiple bathrooms, with four bathrooms listed in the room details, supporting practical use for both staff and customer or operational needs.

Key Highlights

  • 11,440 square feet flex space for warehouse, workshop, and office use
  • Direct highway frontage on M‑37 for excellent semi truck access
  • Approximately 3 acres of the 7.1‑acre site are useable

Property Analytics

Current Use

Flex space

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49685, MI

20,856
Population
9,395
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
385
Density / Sq Mi
$82,639
Median Household Income
$45,783
Median Earnings
$1,338
Median Rent
$309,200
Median Home Value

Market

Lease Benchmarks for Traverse City, MI

$11.24 /SF/Yr
Avg Asking Price
$8.25–$24 /SF/Yr
Price Range
8,155 SF
Avg Space Size

This space is priced 26% below the average of $11.24 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Flex space featuring truck loading docks and multiple overhead doors with direct semi-truck access on M-37.
Where is this flex space located?
The property is located at 1555 S M-37 Traverse City, MI.
What is the lease rate?
The lease rate is $7,950/Mo.
What are key features of this property?
This property features: 11,440 square feet flex space for warehouse, workshop, and office use; Direct highway frontage on M‑37 for excellent semi truck access; Approximately 3 acres of the 7.1‑acre site are useable
More about this property
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