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Shop Flex Space with Office
For Lease
$2,600/Mo NNN

3901 Blair Valley Rd, Traverse City, MI 49685

Commercial shop space built in 2020 with an office, bathroom, and business utility connections.

Space Size2,500 SF
Days on Market49
Rey
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Property Features for 3901 Blair Valley Rd

General Information

Standard status Active
Size 2,500 SF
Net Rentable 2,500 SF
Property subtype Commercial
Lease Type NNN

Space & Availability

Available Space 2,500 SF
Contiguous Space 2,500 SF
Sublease Yes
Available From 2027-01-01

Lease Terms

Lease Rate $2,600 /USD/MO
Monthly Rent $2,600
Rent per SF/Year $12.48

Amenities

on-site office
bathroom
laundry hookup
water hookup
internet

Building Details

Year Built 2020
Listing Agency: Manitou Commercial Real Estate, LLC
Listed By: Kevin Query · License #6502433236
Source: Elliman
Added: Aug 28 Changed: Oct 13 Last Checked: Oct 15 at 12:03AM

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 Manitou Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

This 2,500 SF flex space at 3901 Blair Valley Rd in Chums Corner includes an existing shop area with an on-site office and bathroom. The property was built in 2020 and also provides laundry and water hookups along with internet service.

An existing lease is available for assumption, with NNN lease terms. The space is scheduled to become available 1/1/2027 and is suited to a small business or contractor operation. The location is car-dependent, with a walk score of 0 and a bike score of 30.

Key Highlights

  • 2,500 SF shop space available for lease
  • Built in 2020
  • On‑site office and bathroom

Property Analytics

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Current Use

M22 Detailing Car Wash

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Traverse City, MI

$13.16 /SF/Yr
Avg Asking Price
$9–$24 /SF/Yr
Price Range
5,750 SF
Avg Space Size

This space is priced 5% below the average of $13.16 /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

Frequently Asked Questions

What type of property is this?
Flex space - Commercial shop space built in 2020 with an office, bathroom, and business utility connections.
Where is this flex space located?
The property is located at 3901 Blair Valley Rd Traverse City, MI.
What is the lease rate?
The lease rate is $2,600/Mo.
What are key features of this property?
This property features: 2,500 SF shop space available for lease; Built in 2020; On‑site office and bathroom
More about this property
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