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Retail Space with Highway Visibility
For Lease
$2,200/Mo

299 Us Highway 31 S, Traverse City, MI 49685

CM zoning in Blair Township supports a broad range of commercial uses.

Space Size2,400 SF
Days on Market87

Property Features for 299 Us Highway 31 S

General Information

Standard status Active
Size 2,400 SF
Net Rentable 2,400 SF
Zoning CM

Space & Availability

Available Space 2,400 SF
Contiguous Space 2,400 SF
Available From Immediate

Site & Location

Corner Location Yes
Traffic Count 25,000 vehicles/day

Building Details

Building Size 2,400 SF
Construction pole building
Tenancy Single
Listing Agency: REO-TCRandolph-233022
Listed By: Marty Stevenson · License #6501387018
Source: Exprealty
Added: Jun 5 Changed: Aug 29 Last Checked: Aug 29 at 11:52PM

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 REO-TCRandolph-233022

Investment Insights

Based on property information with market context.

Available for lease, this 2,400-square-foot pole building is positioned on a corner at US-31 S and Foster Drive. The retail-oriented property offers highway visibility and a configuration suited to commercial occupancy.

The site is located in the Chums Corners area, within a business corridor that includes sales floors, restaurants, personal services, and professional services. Blair Township CM zoning permits a wide range of commercial uses, while reported traffic exceeds 25,000 cars per day.

Key Highlights

  • 2,400‑square‑foot pole building available for lease
  • Corner location at US‑31 S and Foster Drive
  • Highway visibility along US‑31 S

Property Analytics

Current Use

R & S Tobacco ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Locksmith (Bike/Boat/Book/etc) Store Bakery Garden Center Real Estate Agency

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

25,000 VPD
Traffic count
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Taco Bell Dining
17,365 visits/mo 0.4 miles

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

$22.97 /SF/Yr
Avg Asking Price
$10–$37 /SF/Yr
Price Range
3,943 SF
Avg Space Size

This space is priced 52% below the average of $22.97 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - CM zoning in Blair Township supports a broad range of commercial uses.
Where is this retail space located?
The property is located at 299 Us Highway 31 S Traverse City, MI.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: 2,400‑square‑foot pole building available for lease; Corner location at US‑31 S and Foster Drive; Highway visibility along US‑31 S
More about this property
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