Flex Space with Showroom
For Lease
$5,500/Mo
231 E Twelfth Street, Traverse City, MI 49684
Multiple private entrances and overhead doors provide access to the building’s commercial space.
Space Size7,150 SF
Days on Market526
Property Features for 231 E Twelfth Street
General Information
Standard status
Active
Size
7,150 SF
Net Rentable
7,150 SF
Zoning
Office, Retail, Other, Commercial, Resta
Space & Availability
Available Space
7,150 SF
Contiguous Space
7,150 SF
Warehouse & Industrial
Clear Height
15 ft
Three-Phase Power
Yes
Additional Details
Utilities to Site
Yes
Amenities
multiple private entrances
tall ceilings (13' - 15')
overhead doors
showroom/retail frontage
3-phase electric
Building Details
Building Size
7,150 SF
Year Built
1952
Listing Agency:
EXIT Northern Shores-TC
Listed By:
Marty Stevenson · License #6501387018
(231) 946-4404
Source:
Centralmirealty
Added: May 30, 2025
Changed: Nov 4
Last Checked: Nov 4 at 2:46PM
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 EXIT Northern Shores-TC
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Investment Insights
Based on property information with market context.
This 7,150-square-foot flex property at 231 E Twelfth Street has showroom and retail frontage, multiple private entrances, and overhead doors. Ceiling heights range from 13 to 15 feet, and the building has 3-phase electric. Built in 1952, it is zoned C-2 for commercial use, with retail, restaurant, and office uses identified among the possibilities.
Key Highlights
- 7,150 square feet of flex space
- 13'–15' ceilings, overhead doors, and multiple private entrances
- Showroom and retail frontage
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
15 ft
Clear height
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.38 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 49684, MI
22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
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
- Across the Board Provisions — 215 w eighth st apt b, traverse city, mi 49684
- Forrest, A Food Studio and Private Chef — 408 s union st, traverse city, mi 49684
- Cousin Jenny's Cornish Pasties — 222 E State St Suite 102, Traverse City, MI 49684
- Cordwood BBQ — 448 E Front St, Traverse City, MI 49686
Frequently Asked Questions
What type of property is this?
Flex space - Multiple private entrances and overhead doors provide access to the building’s commercial space.
Where is this flex space located?
The property is located at 231 E Twelfth Street Traverse City, MI.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: 7,150 square feet of flex space; 13'–15' ceilings, overhead doors, and multiple private entrances; Showroom and retail frontage
