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

3945 Blue Star Drive, Traverse City, MI 49685

COMMERCIAL - Traverse City, MI

Property Size6,729 SF
Lot Size2.15 Acres
Days on Market48

Property Features for 3945 Blue Star Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Industrial, Commercial, Manufacture/Warehouse, Automotive Service
Parking features Parking Lot
Exterior features Steel
Lot features Industrial Park, Freestanding
Directions From US-31 S turn east onto Blue Star Drive. Building #3945 is the second building on the right.
Subdivision Grand Traverse
Standard status Active
Size 6,729 SF
Lot size 2.15 Acres

Taxes and HOA fees

Tax Description Lengthy - see tax card in Associated Documents
Tax Annual Amount 11665
Legal Description Lengthy - see tax card in Associated Documents

Utilities

Water source Private

Building Details

Building materials Steel, Frame
Roof type Metal
Listing Agency: REMAX Bayshore - West Shore Dr TC · RE/MAX International
Listed By: Jacob Elsenheimer
Added: Jun 16 Changed: Jul 2 Last Checked: Aug 2 at 8:06AM
MLS# 1946708

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.

Industrial warehouse space is available for lease within a warehouse building in a well-established industrial park. The offering provides 6,729 SF of leasable area on a property totaling 2.15 acres, supported by ample yard space and parking. The space is designed for practical loading and storage needs, with multiple overhead doors and ceiling heights of 16' and 18'. Electrical service includes 240V 3-phase power to support a range of light industrial and warehousing operations.

The property is located in Traverse City, MI, and described as being just minutes from town, with convenient access afforded by its industrial park setting. Outdoor space is a notable feature, giving room for equipment, storage, and vehicle parking.

This facility is well suited for tenants seeking warehouse and distribution functionality within a yard-enabled environment. The combination of multiple overhead doors, meaningful ceiling clearances, and 3-phase electrical service can accommodate a variety of industrial, manufacturing, warehouse, or distribution uses. With both loading capacity and outdoor space on-site, it supports day-to-day operational flexibility for teams that need room to store or stage equipment and vehicles.

Key Highlights

  • 6,729 SF industrial warehouse space available for lease in a well‑established industrial park
  • Warehouse set on over 2 acres with ample yard space and parking
  • Multiple overhead doors for efficient loading and operations

Property 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

18 ft
Clear height
Yes
Heavy power
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

Market

Lease Benchmarks for Traverse City, MI

$10.24 /SF/Yr
Avg Asking Price
$5–$14.98 /SF/Yr
Price Range
9,614 SF
Avg Space Size

This space is priced 13% below the average of $10.24 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Warehouse - Lease warehouse space with multiple overhead doors, 16–18' ceilings, and outdoor yard for equipment or vehicle storage.
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 industrial warehouse space available for lease in a well‑established industrial park; Warehouse set on over 2 acres with ample yard space and parking; Multiple overhead doors for efficient loading and operations
More about this property
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