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Flex Space with Shop Doors
For Lease
$1,995/Mo

3334 W Veterans Drive, Traverse City, MI 49684

Office, shop, and storage areas offer a practical mix of workspace and support functions.

Space SizeContact for details
Property Size3,612 SF
Days on Market1109

Property Features for 3334 W Veterans Drive

General Information

Standard status Active
Size 3,612 SF
Zoning Residential, Non-Conforming Use

Additional Details

Office Build-Out 1,000 SF

Amenities

restroom
water connection

Building Details

Building Size 3,612 SF
Year Built 1995
Listing Agency: CENTRAL REAL ESTATE MT PLEASANT, INC.
Listed By: Dave Zamarron · License #6502102202
Source: Centralmirealty
Added: Oct 25, 2023 Changed: Nov 4 Last Checked: Nov 4 at 3:03PM

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 CENTRAL REAL ESTATE MT PLEASANT, INC.

Rey
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Investment Insights

Based on property information with market context.

This 3,612-square-foot flex property combines approximately 1,000 square feet of office space with shop and storage areas. The office includes a restroom, and water connections are available in both the office and shop areas. Two overhead doors serve the shop space.

The property is zoned residential with a grandfathered commercial use. Additional parking is available in lots east of the building at no extra charge.

Key Highlights

  • 3,612 square feet, including approximately 1,000 square feet of office space
  • Shop and storage area includes 2 overhead doors
  • Office space includes a restroom

Property Analytics

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Current Use

Northwest Michigan Invasive ... Charitable Organization Bay Side Detailing Car Wash

Suggested Use

Top Pick Electrical Service Plumbing Service Daycare Center (Bike/Boat/Book/etc) Store Catering Service HVAC Service

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

NNN (Triple Net)
Lease Type
$0.99 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby
Under-served
Demand for This Use

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
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 48% below the average of $12.71 /SF/Yr.

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

  • Firehouse Subs — 3664 US-31, Traverse City, MI 49684

Frequently Asked Questions

What type of property is this?
Flex space - Office, shop, and storage areas offer a practical mix of workspace and support functions.
Where is this flex space located?
The property is located at 3334 W Veterans Drive Traverse City, MI.
What is the lease rate?
The lease rate is $1,995/Mo.
What are key features of this property?
This property features: 3,612 square feet, including approximately 1,000 square feet of office space; Shop and storage area includes 2 overhead doors; Office space includes a restroom
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