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Heated Warehouse with Overhead Door
For Lease
$1,600/Mo Modified Gross

528 Hughes Drive Unit B, Traverse City, MI 49696

Heated, insulated warehouse space with an open layout and overhead loading access.

Space Size2,400 SF
Days on Market13

Property Features for 528 Hughes Drive Unit B

General Information

Standard status Active
Size 2,400 SF
Net Rentable 2,400 SF
Property subtype Industrial
Lease Type Modified Gross

Space & Availability

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

Warehouse & Industrial

Clear Height 10 ft
Warehouse Space 2,400 SF
Drive-In Doors 1

Building Details

Building Size 2,400 SF
Year Built 1984
Listing Agency: Coldwell Banker Schmidt Traverse City
Listed By: Daniel Stiebel · License #6502352362
Source: Themittengroup
Added: Sep 8 Changed: Sep 17 Last Checked: Sep 19 at 10:19AM

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 Coldwell Banker Schmidt Traverse City

Investment Insights

Based on property information with market context.

Unit B provides 2,400 SF of warehouse space within a 1984 building at 528 Hughes Drive. The interior is primarily open, with one small storage room, 10-foot ceilings, and an 8-foot-tall overhead garage door. The space is heated and insulated but does not include water service or a bathroom.

The property is positioned near Garfield and Hammond Roads in Traverse City. The lease is structured as modified gross, with the tenant responsible for a prorated share of utilities, snow removal, and lawn care. A long-term arrangement may provide access to office space and a bathroom through the front tenant. An additional 3,200 SF warehouse is available in the adjacent building.

Key Highlights

  • 2,400 SF warehouse space in Unit B
  • 10‑foot ceilings with an 8‑foot‑tall overhead garage door
  • Heated and insulated warehouse interior

Property Analytics

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Current Use

Healthcare Licensing Services ... Medical Certificate Service Eagle Home Renovation Roofing Company Adaptive Appliances Home Appliance Store Environmental Crossings Inc Construction Company

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Auto Repair Shop Plumbing Service Grocery & Convenience Store Restaurant

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

10 ft
Clear height
1
Drive-in doors
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby
Well-served
Demand for This Use

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

Market

Lease Benchmarks for Traverse City, MI

$9.41 /SF/Yr
Avg Asking Price
$8–$12.22 /SF/Yr
Price Range
7,015 SF
Avg Space Size

This space is priced 15% below the average of $9.41 /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
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Similar Off Market Nearby

  • Ashland Storage 1067 N Rusch Rd, Traverse City, MI 49696
  • Allied Van Lines 2040 Traversefield Dr #100, Traverse City, MI 49686

Frequently Asked Questions

What type of property is this?
Warehouse - Heated, insulated warehouse space with an open layout and overhead loading access.
Where is this warehouse located?
The property is located at 528 Hughes Drive Unit B Traverse City, MI.
What is the lease rate?
The lease rate is $1,600/Mo.
What are key features of this property?
This property features: 2,400 SF warehouse space in Unit B; 10‑foot ceilings with an 8‑foot‑tall overhead garage door; Heated and insulated warehouse interior
More about this property
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