3042 Luxury Barn Lane, Traverse City, MI 49685
- Added:
- Aug 26, 2025
- Days on Market:
- 315
- Last Refresh:
- Jul 6 at 3:06 pm
Property Features for 3042 Luxury Barn Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Assigned
- Exterior features
- Steel
- Standard status
- Active
- Size
- 1,200 SF
Building Details
- Building materials
- Steel, Under Construction
- Roof type
- Metal
Listing agent Jennifer Kreta License #6501421253 (231) 492-4062
Listing office Key Realty One-TC 310 W Front Street, Ste.310F, Traverse City, MI (517) 827-2120
Listing date Aug 26, 2025
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Commercial custom truss steel building under construction: 30' wide x 40' long x 14' 4" tall
- 5x6 spaced 8' o.c. sidewalls and endwell posts approximately 8' o.c.; trusses 4 o.c. with 4/12 60 GS design
- Includes exterior wrap system: Typar or similar guard wrap, house wrap, and 4 mil clear polyethylene vapor barrier plus 2‑inch foam on perimeter
- Kynar 500 paint upgrade with Exterior Premiere steel siding; metal roof
- Interior and enclosure features: finished white steel interior ceiling/front wall with attic access; R‑50 ceiling insulation
- Utilities and openings: mini‑split heat and A/C, 200‑amp electrical service, concrete slab floor with epoxy coating; 12x12 insulated door with electric opener and keypad access commercial front door
Overview
The structure includes a 12x12, 2-inch thick R16.4 flat panel insulated door with an electric garage door opener, and a 1 commercial front access door with keypad access and lockguard security protection. Roof insulation is listed as R-50, and the property has a mini-split system for heat and A/C. The front includes real stone, garage door bollards described as cement-filled painted poles to help prevent dings, and an owner-managed utility meter for electric.
Designed for straightforward use without additional readiness steps, this building supports a range of small commercial, storage, or light flexible uses where a slab-on-grade footprint, insulated envelope, and provided power and climate control are important.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.4k | $17.04 |
| − Vacancy | −$1.4k | −$1.19 |
| EGI | $19.0k | $15.85 |
| − OpEx | −$6.7k | −$5.55 |
| NOI | $12.4k | $10.30 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Cousin Jenny's Cornish Pasties — 222 E State St Suite 102, Traverse City, MI 49684
- Forrest, A Food Studio and Private Chef — 408 s union st, traverse city, mi 49684
- Cordwood BBQ — 448 E Front St, Traverse City, MI 49686
- Across the Board Provisions — 215 w eighth st apt b, traverse city, mi 49684
- Guacamole Food Truck — 404 N Division St, Traverse City, MI 49684
Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.654637
- Latitude
- 44.642317
