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Industrial Warehouse with Yard
For Lease
$5,000/Mo

3945 Blue Star Drive, Traverse City, MI 49685

Three-phase power and outdoor space support a range of warehouse and industrial operations.

Space Size6,729 SF
Days on Market137

Property Features for 3945 Blue Star Drive

General Information

Standard status Active
Size 6,729 SF
Net Rentable 6,729 SF
Zoning Commercial, Industrial

Space & Availability

Available Space 6,729 SF
Contiguous Space 6,729 SF
Space Use Warehouse

Warehouse & Industrial

Warehouse Space 6,729 SF
Voltage 240 V
Three-Phase Power Yes

Additional Details

Outdoor Storage Yes

Taxes and HOA fees

Annual Taxes $11,664

Building Details

Building Size 6,729 SF
Year Built 1973
Listing Agency: REMAX Bayshore - West Shore Dr TC
Listed By: Jacob Elsenheimer
Source: Carterassociatesrealty
Added: Jun 16 Changed: Oct 29 Last Checked: Oct 29 at 7:35PM

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 REMAX Bayshore - West Shore Dr TC

Rey
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Investment Insights

Based on property information with market context.

This 6,729-square-foot warehouse offers multiple overhead doors and ceiling heights of 16 feet and 18 feet. The building has 240V, three-phase electrical service and sits on more than 2 acres, with outdoor area for equipment, storage, or vehicle parking. The property was built in 1973 and is zoned Commercial and Industrial.

Available for lease, the space can support industrial, manufacturing, warehouse, or distribution operations. Outdoor space and on-site parking complement the building’s loading and electrical features.

Key Highlights

  • 6,729 SF of warehouse space available for lease
  • Building is situated on more than 2 acres
  • Multiple overhead doors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

World Truck & Auto ... Auto Repair Shop Great Lakes Seamless ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Pharmacy Grocery & Convenience Store Nail Salon Locksmith (Bike/Boat/Book/etc) Store

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
$1.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby
Well-served
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

$10.14 /SF/Yr
Avg Asking Price
$8.92–$15 /SF/Yr
Price Range
6,774 SF
Avg Space Size

This space is priced 12% below the average of $10.14 /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

  • Walstrom Marine — 228 US-31, Traverse City, MI 49685
  • Action Water Sports of Traverse City — 611 Olesons Commerce Dr, Traverse City, MI 49685
  • Joe's Wheels and Water — 639 W Blue Star Dr, Traverse City, MI 49685
  • John's Marine Service — 753 Mizar Ct, Traverse City, MI 49685
  • Self-Storage at U-Haul — 981 N U.S. 31 S, Traverse City, MI 49685

Frequently Asked Questions

What type of property is this?
Warehouse - Three-phase power and outdoor space support a range of warehouse and industrial operations.
Where is this warehouse located?
The property is located at 3945 Blue Star Drive Traverse City, MI.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: 6,729 SF of warehouse space available for lease; Building is situated on more than 2 acres; Multiple overhead doors
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Includes: Price & PSF · Cap rate · Location · Zoning

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