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Two-Shop Flex Space
New
For Lease
$1,650/Mo

5110 M 72, Traverse City, MI 49684

Commercial building with separate work areas, overhead access, a restroom, and breakroom for small-business operations.

Space Size2,400 SF
Days on Market3

Property Features for 5110 M 72

General Information

Standard status Active
Size 2,400 SF
Net Rentable 2,400 SF
Property subtype Commercial

Space & Availability

Available Space 2,400 SF
Contiguous Space 2,400 SF
Space Use Warehouse

Amenities

restroom
breakroom

Building Details

Year Built 1981
Buildings 1
Building Size 2,400 SF
Listing Agency: Three West Commercial
Listed By: Noah Endres · License #6501461941
Source: Elliman
Added: Aug 13 Changed: Aug 14 Last Checked: Aug 14 at 6:37AM

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 Three West Commercial

Investment Insights

Based on property information with market context.

This 2,400 SF flex building, constructed in 1981, is arranged as two distinct shop areas. Each area has its own overhead door, providing separate access for vehicles, inventory, or equipment. A restroom and breakroom are also included within the building, supporting day-to-day operations for a small business, contractor, or light manufacturing user.

The property is positioned along M-72 West in the commercial area, just before the Hayloft. Its layout offers a practical combination of enclosed work space and service-oriented amenities for users needing shop functionality without a larger industrial footprint. Walk Score is 1 and Bike Score is 21, reflecting a primarily vehicle-oriented setting.

Key Highlights

  • 2,400 SF flex building constructed in 1981
  • Two separate shop areas, each with its own overhead door
  • Restroom and breakroom included

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Dental Office Building Supply HVAC Service Electrical Service Big Box & Wholesale 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
$1.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,025
Businesses Nearby
Well-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

Market

Lease Benchmarks for Traverse City, MI

$11.55 /SF/Yr
Avg Asking Price
$8.34–$24 /SF/Yr
Price Range
7,477 SF
Avg Space Size

This space is priced 29% below the average of $11.55 /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
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial building with separate work areas, overhead access, a restroom, and breakroom for small-business operations.
Where is this flex space located?
The property is located at 5110 M 72 Traverse City, MI.
What is the lease rate?
The lease rate is $1,650/Mo.
What are key features of this property?
This property features: 2,400 SF flex building constructed in 1981; Two separate shop areas, each with its own overhead door; Restroom and breakroom included
More about this property
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