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High-Visibility Retail Space
For Lease
$18 SF/Yr

821 S Garfield Ave, Traverse City, MI 49686

Flexible C-3 zoned retail space with ample on-site parking in a busy Garfield Avenue corridor.

Space SizeContact for details
Days on Market49

Property Features for 821 S Garfield Ave

General Information

Standard status Active
Property subtype Commercial
Zoning C-3

Building Details

Year Built 1990
Listing Agency: Coldwell Banker Schmidt Traverse City
Listed By: Adam W Miller · License #6501360074
Source: Elliman
Added: Jul 4 Changed: Aug 8 Last Checked: Aug 20 at 7:38AM

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 for-lease retail space is positioned to serve a wide range of consumer-facing needs. The property is supported by C-3 zoning, which allows for flexibility across permitted uses including retail, food service, and office. The center configuration is set up for shopper access, with ample on-site parking available for customers and employees.

Located on a high-visibility Traverse City corridor along Garfield Avenue, the site benefits from established surrounding retail activity. The tenant mix includes national retailers such as Honey Baked Ham and The UPS Store, supporting a consistent profile of everyday traffic. BikeScore of 71 indicates the area is very bikeable, and WalkScore of 60 reflects somewhat walkable conditions.

For tenants and operators, the combination of C-3 zoning flexibility and a retail-forward co-tenant environment can help support concepts that need both visibility and accommodating use parameters. The ample on-site parking also makes the space practical for businesses that rely on convenient customer access in a corridor setting.

Key Highlights

  • Year built 1990 for this flexible retail space along Garfield Avenue in Traverse City.
  • C‑3 zoning allows a wide range of permitted uses, including retail, food service, and office.
  • Ample on‑site parking available for customers.

Property Analytics

Current Use

Lantern Games Film Production

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Big Box & Wholesale Store HVAC Service Garden Center Food Market

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

900
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 56% Shops & Services 44%
Family Fare Groceries
14,551 visits/mo 0.4 miles
The UPS Store Shops & Services
8,527 visits/mo 0.1 miles
Save-A-Lot Groceries
6,486 visits/mo 0.5 miles
AutoZone Shops & Services
4,120 visits/mo 0.1 miles
PNC Bank Shops & Services
2,489 visits/mo 0.2 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Garfield Village Shopping Center 1137 S Garfield Ave, Traverse City, MI 49686

Frequently Asked Questions

What type of property is this?
Shopping center - Flexible C-3 zoned retail space with ample on-site parking in a busy Garfield Avenue corridor.
Where is this shopping center located?
The property is located at 821 S Garfield Ave Traverse City, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Year built 1990 for this flexible retail space along Garfield Avenue in Traverse City.; C‑3 zoning allows a wide range of permitted uses, including retail, food service, and office.; Ample on‑site parking available for customers.
More about this property
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