Storefront Space with Highway
For Lease
$1,200/Mo
301 S Us-31, Traverse City, MI 49685
Commercially zoned space suited to office or retail operations at a prominent highway intersection.
Space SizeContact for details
Property Size600 SF
Days on Market408
Property Features for 301 S Us-31
General Information
Standard status
Active
Size
600 SF
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
600 SF
Year Built
1964
Listing Agency:
EXIT Northern Shores-TC
(231) 342-8072
Listed By:
Marty Stevenson · License #6501387018
(231) 342-8072
Source:
Carolbollo
Added: Jul 19, 2025
Changed: Aug 29
Last Checked: Aug 29 at 11:25PM
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
Investment Insights
Based on property information with market context.
This storefront property offers space for office or retail use, with highway exposure at the intersection of US-31S and Foster Drive. The property was built in 1964 and carries Commercial zoning.
The site is located in the Chums Corners area, within a business corridor that includes retail sales, restaurants, and personal and professional services. Its corner position places the property within an established commercial setting serving a range of business activities.
The site is located in the Chums Corners area, within a business corridor that includes retail sales, restaurants, and personal and professional services. Its corner position places the property within an established commercial setting serving a range of business activities.
Key Highlights
- Office or retail space
- Highway visibility at US‑31S and Foster Drive
- Commercial zoning
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$22.42 /SF/Yr
Avg Asking Price
$14.33–$37 /SF/Yr
Price Range
3,981 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercially zoned space suited to office or retail operations at a prominent highway intersection.
Where is this storefront property located?
The property is located at 301 S Us-31 Traverse City, MI.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: Office or retail space; Highway visibility at US‑31S and Foster Drive; Commercial zoning
