Clear-Span Flex
For Lease
$9 SF/Yr
343 Hughes Drive, Traverse City, MI 49696
COMMERCIAL - Traverse City, MI
Space Size21,480 SF
Lot Size1.95 Acres
Days on Market172
Property Features for 343 Hughes Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning description
Industrial
Parking features
Parking Lot
Exterior features
Steel
Lot features
Industrial Park
Directions
Located on Hughes Dr
Subdivision
Grand Traverse
Standard status
Active
Size
21,450 SF
Lot size
1.95 Acres
Taxes and HOA fees
Tax Description
LOT 17 GARFIELD HEIDBREDER INDUSTRIAL PARK.
Legal Description
LOT 17 GARFIELD HEIDBREDER INDUSTRIAL PARK.
Building Details
Building materials
Steel
Roof type
Metal, Membrane
Listing Agency:
Manitou Commercial Real Estate, LLC
(231) 632-9596
Listed By:
Kevin Query · License #6502433236
(231) 632-9596
Added: Mar 2
Changed: Aug 15
Last Checked: Aug 21 at 5:06PM
MLS# 1942641
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.
Investment Insights
Based on property information with market context.
This steel flex facility provides a clear-span warehouse layout with high ceilings, multiple overhead doors, and wide drive aisles that support loading, racking, and day-to-day movement. Approximately 2,000 SF is configured as dedicated office space, while warehouse lighting and utility infrastructure support industrial and storage functions. The property also includes a parking lot and has metal and membrane roofing.
Set on 1.95 acres at 343 Hughes Drive in Traverse City, the facility is positioned within Hughes Dr Industrial Park. A truck dock is currently under construction, adding another loading component to the property. The configuration is suited to distribution, light manufacturing, logistics, contractor operations, and other single-user industrial requirements.
Set on 1.95 acres at 343 Hughes Drive in Traverse City, the facility is positioned within Hughes Dr Industrial Park. A truck dock is currently under construction, adding another loading component to the property. The configuration is suited to distribution, light manufacturing, logistics, contractor operations, and other single-user industrial requirements.
Key Highlights
- Clear‑span warehouse layout with high ceilings and multiple overhead doors
- Approximately 2,000 SF of dedicated office space
- 1.95‑acre site at 343 Hughes Drive, Traverse City, MI 49696
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49696, MI
9,528
Population
5,005
Households
1.9
Avg Household Size
43
Median Age
41%
College-Educated
96%
High-School Grad
68.7 sq mi
ZIP Area
139
Density / Sq Mi
$96,138
Median Household Income
$46,893
Median Earnings
$1,309
Median Rent
$289,300
Median Home Value
Market
Lease Benchmarks for Traverse City, MI
$11.24 /SF/Yr
Avg Asking Price
$8.25–$24 /SF/Yr
Price Range
8,155 SF
Avg Space Size
This space is priced 20% below the average of $11.24 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Gabe's Old Fashioned Foods — 2259 Traversefield Dr, Traverse City, MI 49686
Frequently Asked Questions
What type of property is this?
Flex space - Steel facility with office area, loading access, wide drive aisles, and warehouse infrastructure suited to industrial operations.
Where is this flex space located?
The property is located at 343 Hughes Drive Traverse City, MI.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Clear‑span warehouse layout with high ceilings and multiple overhead doors; Approximately 2,000 SF of dedicated office space; 1.95‑acre site at 343 Hughes Drive, Traverse City, MI 49696
