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Flex Space with Office

2291 Traversefield, Traverse City, MI 49686

For Lease
$5,666/Mo

The property combines warehouse and manufacturing space with private offices, meeting and training rooms, and dedicated workshop area.

Space Size8,000 SF
Days on Market107

Property Features for 2291 Traversefield

General Information

Standard status Active
Size 8,000 SF
Net Rentable 8,000 SF
Total Parking Spaces 24
Zoning Professional Office,Industrial

Space & Availability

Available Space 8,000 SF
Contiguous Space 8,000 SF
Space Use Industrial

Warehouse & Industrial

Clear Height 21 ft
Warehouse Space 6,000 SF
Office Build-Out 2,000 SF
Three-Phase Power Yes
Sprinkler System Yes

Additional Details

Opportunity Zone Yes

Building Details

Year Built 1998
Listing Agency: Coldwell Banker Schmidt Traverse City
Listed By: Alex Mackenzie · License #6501406999
Source: Jabachler
Added: Jul 24 Changed: Nov 7 Last Checked: Nov 7 at 1:51PM

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

Rey
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Investment Insights

Based on property information with market context.

This 8,000 SF flex property, built in 1998, includes approximately 6,000 SF of warehouse and manufacturing area alongside 2,000 SF of office space. The industrial portion has 6-inch reinforced concrete floors, clear heights ranging from 16' to 21', an 11' × 11' overhead door, three-phase electrical service, an automatic sprinkler system, and a workshop. Two loading docks are shared. Office improvements include eight private offices, a conference room, a classroom/training room, and two private restrooms; the property also has multi-stall men's and women's restrooms.

Located at 2291 Traversefield in Traverse City, the property is within Traversefield Industrial Park and a Federal Opportunity Zone. Zoning is Professional Office, Industrial. On-site parking accommodates 24 vehicles.

Key Highlights

  • 8,000 SF total, with approximately 6,000 SF warehouse/manufacturing and 2,000 SF office
  • 16'–21' clear heights and 6‑inch reinforced concrete floors
  • 11' × 11' overhead door, two shared loading docks, and three‑phase electrical service

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

JMM Waste Disposal ... Waste Management Facility

Suggested Use

Top Pick Real Estate Agency Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21 ft
Clear height
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$1.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property 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 33% below the average of $12.71 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in Traverse City, MI

$11.83 Jul
$13.26 Aug
$13.3 Sep
$13.31 Oct

Properties on Market for Flex space in Traverse City

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Gabe's Old Fashioned Foods — 2259 Traversefield Dr, Traverse City, MI 49686

Frequently Asked Questions

What type of property is this?
Flex space - The property combines warehouse and manufacturing space with private offices, meeting and training rooms, and dedicated workshop area.
Where is this flex space located?
The property is located at 2291 Traversefield Traverse City, MI.
What is the lease rate?
The lease rate is $5,666/Mo.
What are key features of this property?
This property features: 8,000 SF total, with approximately 6,000 SF warehouse/manufacturing and 2,000 SF office; 16'–21' clear heights and 6‑inch reinforced concrete floors; 11' × 11' overhead door, two shared loading docks, and three‑phase electrical service
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