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Flex Space with Loading Docks
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 Market196

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 4, Bathroom 1, Bathroom 3, Bathroom 2
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: Sep 15 Last Checked: Oct 5 at 11:06PM
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 11,440-square-foot flex facility supports a combination of manufacturing, storage, retail, workshop, and office functions. The building includes truck loading docks, multiple overhead doors, a parking lot, four bathrooms, steel and block construction, and a metal roof.

Located at 1555 S M-37 in Traverse City, the property sits directly along the highway, providing access for semi-trucks. The offering encompasses a 7.1-acre site, with approximately 3 acres identified as usable. Private water serves the property, and the site is positioned just south of Chums Corners.

Key Highlights

  • 11,440‑square‑foot flex facility
  • Approximately 3 usable acres within a 7.1‑acre site
  • Truck loading docks and multiple overhead doors

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

$13.3 /SF/Yr
Avg Asking Price
$8.34–$35 /SF/Yr
Price Range
5,279 SF
Avg Space Size

This space is priced 37% below the average of $13.3 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile facility combines warehouse, workshop, office, and retail areas with semi-truck access.
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‑foot flex facility; Approximately 3 usable acres within a 7.1‑acre site; Truck loading docks and multiple overhead doors
More about this property
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