Flex Space with Overhead
For Lease
$1,700/Mo
1557 Premier Street, Traverse City, MI 49686
Industrial-zoned workspace includes office, breakroom, restroom, and three-phase power.
Space SizeContact for details
Property Size2,200 SF
Days on Market696
Property Features for 1557 Premier Street
General Information
Standard status
Active
Size
2,200 SF
Zoning
Industrial
Additional Details
Three-Phase Power
Yes
Building Details
Building Size
2,200 SF
Year Built
1986
Listing Agency:
Five Star Real Estate - Front St TC
Listed By:
Sam Abood · License #6504216686
(231) 778-1200
Source:
Centralmirealty
Added: Dec 11, 2024
Changed: Nov 4
Last Checked: Nov 4 at 2:55PM
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 Five Star Real Estate - Front St TC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,200-square-foot flex property offers an open work area alongside an office, breakroom, restroom, and a front waiting room that can be used as needed. A 10-by-10-foot overhead door supports loading and access. The building also has fire suppression, some updated lighting, and three-phase electricity. Built in 1986, the property is zoned Industrial and is located in Traverse City, Michigan.
Key Highlights
- 2,200 square feet of flex space
- 10x10 overhead door
- Three‑phase electricity and fire suppression
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.39 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
811
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49686, MI
25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Traverse City, MI
$12.71 /SF/Yr
Avg Asking Price
$7.5–$24 /SF/Yr
Price Range
6,075 SF
Avg Space Size
This space is priced 27% below the average of $12.71 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Grandview Catering — 1249 Woodmere Ave, Traverse City, MI 49686
Frequently Asked Questions
What type of property is this?
Flex space - Industrial-zoned workspace includes office, breakroom, restroom, and three-phase power.
Where is this flex space located?
The property is located at 1557 Premier Street Traverse City, MI.
What is the lease rate?
The lease rate is $1,700/Mo.
What are key features of this property?
This property features: 2,200 square feet of flex space; 10x10 overhead door; Three‑phase electricity and fire suppression
