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Traverse City Commercial Flex Space
For Lease
$3,500/Mo Modified Gross

801 Woodmere Avenue, Traverse City, MI 49686

3,288 SF flex space with office and warehouse.

Space SizeContact for details
Property Size3,288 SF
Days on Market104

Property Features for 801 Woodmere Avenue

General Information

Standard status Active
Size 3,288 SF
Zoning Commercial, Industrial, Office

Building Details

Building Size 3,288 SF
Year Built 1986
Listing Agency: Coldwell Banker Schmidt Traverse City
Listed By: Andrew W Stireman · License #6501239377
Source: Homesforsaleinmich
Added: May 12 Changed: Aug 23 Last Checked: Aug 23 at 8:36AM

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.

This commercial space offers 3,288 square feet on Woodmere Avenue in Traverse City. The layout includes 1,200 square feet of office or retail space and 2,088 square feet of shop or warehouse area. It features a private kitchen area and a restroom with a shower. The property is equipped with 3-phase power and a 14-foot overhead door, along with mezzanine storage. There is ample parking available. The office and retail area is air-conditioned, while the shop and warehouse area is not. The lease is modified gross, with the landlord covering building insurance, real estate taxes, and repairs exceeding $150. The tenant is responsible for utilities, content and liability insurance, and personal property taxes. The tenant shares the cost of water, sewer, snow removal, trash removal, and lawn maintenance equally with the adjacent tenant. The property is currently leased until September 1, 2026, but the current tenant can vacate early if necessary. The landlord requires a minimum 1-year lease, with the first and last month's rent and a security deposit equal to one month's rent due at signing. The space for lease is on the left side of the building, with the space on the right not available. The location has a bike score of 93, indicating it is a biker's paradise, and a walk score of 80, meaning it is very walkable.

Key Highlights

  • 3,288 sq ft commercial space with a flexible layout featuring a 1,200 sq ft air conditioned office/retail area and a 2,088 sq ft shop/warehouse.
  • Benefit from a High bikeScore of 93 (Biker's Paradise) and a walkScore of 80 (Very Walkable).
  • Available with short notice; current tenant can vacate early.

Property Analytics

Current Use

Northern Office Equipment ... Big Box & Wholesale Store Kraft Business Systems ... Tech Support Center

Suggested Use

Top Pick Storage Facility Locksmith Butcher Barber Shop Cosmetic Store Tanning Salon

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

709
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49686, MI

25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value

Market

Lease Benchmarks for Traverse City, MI

$11.24 /SF/Yr
Avg Asking Price
$8.25–$24 /SF/Yr
Price Range
8,155 SF
Avg Space Size

This space is priced 14% above the average of $11.24 /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
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Similar Off Market Nearby

  • Cousin Jenny's Cornish Pasties 222 E State St Suite 102, Traverse City, MI 49684
  • Grandview Catering 1249 Woodmere Ave, Traverse City, MI 49686
  • Cordwood BBQ 448 E Front St, Traverse City, MI 49686

Frequently Asked Questions

What type of property is this?
Flex space - 3,288 SF flex space with office and warehouse.
Where is this flex space located?
The property is located at 801 Woodmere Avenue Traverse City, MI.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 3,288 sq ft commercial space with a flexible layout featuring a **1,200 sq ft air conditioned office/retail area** and a 2,088 sq ft shop/warehouse.; Benefit from a **High bikeScore of 93 (Biker's Paradise)** and a walkScore of 80 (Very Walkable).; Available with short notice; current tenant can vacate early.
More about this property
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