Retail Suite at a Corner
For Lease
$1,350/Mo
1990 Us-31 N, Traverse City, MI 49686
Zoning accommodates office, retail, commercial, and restaurant uses; the tenant shares a restroom with the neighboring occupant.
Space Size1,173 SF
Days on Market871
Property Features for 1990 Us-31 N
General Information
Standard status
Active
Size
1,173 SF
Net Rentable
1,173 SF
Zoning
Office, Retail, Commercial, Restaurant/F
Space & Availability
Available Space
1,173 SF
Contiguous Space
1,173 SF
Space Use
Retail
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Amenities
shared restroom
TART Trail access
waterfront access
Building Details
Building Size
1,173 SF
Year Built
1979
Tenancy
Multi
Listing Agency:
Coldwell Banker Schmidt Traver
Listed By:
Alex MacKenzie · License #6501406999
(231) 922-2350
Source:
Centralmirealty
Added: Jun 19, 2024
Changed: Nov 4
Last Checked: Nov 4 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 Traver
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Investment Insights
Based on property information with market context.
A 1,173-square-foot retail suite is available within a strip plaza built in 1979. The space shares a restroom with the neighboring tenant, and its zoning supports office, retail, commercial, and restaurant uses. The landlord covers property taxes and building insurance; the tenant is responsible for utilities and a share of snow and lawn maintenance.
The plaza occupies the corner of US-31 and Four Mile Road, with access described as easy. The TART Trail runs nearby, and East Bay waterfront access is a short walk away.
The plaza occupies the corner of US-31 and Four Mile Road, with access described as easy. The TART Trail runs nearby, and East Bay waterfront access is a short walk away.
Key Highlights
- 1,173 SF retail suite in a strip plaza
- Built in 1979
- At the US‑31 and Four Mile Road corner
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.07 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
36k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 20%
Hotels & Casinos 7%
Speedway
Shops & Services
23,617 visits/mo
0.1 miles
Bob Evans Restaurant
Dining
7,108 visits/mo
0.1 miles
Fifth Third Bank & ATM
Shops & Services
2,459 visits/mo
0.5 miles
Days Inn & Suites Traverse City
Hotels & Casinos
1,830 visits/mo
0.1 miles
Quality Inn
Hotels & Casinos
818 visits/mo
0.5 miles
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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Market
Lease Benchmarks for Traverse City, MI
$20.82 /SF/Yr
Avg Asking Price
$9.23–$38.89 /SF/Yr
Price Range
3,767 SF
Avg Space Size
This space is priced 34% below the average of $20.82 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Zoning accommodates office, retail, commercial, and restaurant uses; the tenant shares a restroom with the neighboring occupant.
Where is this retail space located?
The property is located at 1990 Us-31 N Traverse City, MI.
What is the lease rate?
The lease rate is $1,350/Mo.
What are key features of this property?
This property features: 1,173 SF retail suite in a strip plaza; Built in 1979; At the US‑31 and Four Mile Road corner
