Retail Suite with Service
For Lease
$1,695/Mo
853 S Us-31, Traverse City, MI 49685
Commercial-zoned space features expansive windows, interior upgrades, and a separate rear entrance for deliveries and staff access.
Space SizeContact for details
Property Size1,248 SF
Days on Market529
Property Features for 853 S Us-31
General Information
Standard status
Active
Size
1,248 SF
Zoning
Commercial
Amenities
Big Windows
Interior Improvements
Service Door to Back Lot for Deliveries & Employee Parking
Building Details
Building Size
1,248 SF
Year Built
1991
Listing Agency:
Five Star Real Estate - Front St TC
Listed By:
Sam Abood · License #6504216686
(231) 778-1200
Source:
Centralmirealty
Added: May 27, 2025
Changed: Nov 4
Last Checked: Nov 4 at 2:36PM
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 Five Star Real Estate - Front St TC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,248-square-foot retail suite in Blair Plaza has large windows, interior improvements, and a rear service door. The rear lot supports deliveries and employee parking. The property was built in 1991 and is zoned Commercial.
The space is in the Chums Corner area of Traverse City. The lease arrangement assigns utilities, a share of snow removal, and liability insurance to the tenant; the landlord covers landscaping, property taxes, and building insurance.
The space is in the Chums Corner area of Traverse City. The lease arrangement assigns utilities, a share of snow removal, and liability insurance to the tenant; the landlord covers landscaping, property taxes, and building insurance.
Key Highlights
- 1,248 square feet of retail space
- Large windows and interior improvements
- Rear service door connects to the back lot for deliveries and employee parking
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
66k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 93%
Home Improvements & Furnishings 7%
McDonald's
Dining
22,834 visits/mo
0.1 miles
Burger King
Dining
20,721 visits/mo
0.1 miles
Taco Bell
Dining
17,365 visits/mo
0.1 miles
Ace Hardware
Home Improvements & Furnishings
4,604 visits/mo
0.1 miles
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
$20.82 /SF/Yr
Avg Asking Price
$9.23–$38.89 /SF/Yr
Price Range
3,767 SF
Avg Space Size
This space is priced 22% below the average of $20.82 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial-zoned space features expansive windows, interior upgrades, and a separate rear entrance for deliveries and staff access.
Where is this retail space located?
The property is located at 853 S Us-31 Traverse City, MI.
What is the lease rate?
The lease rate is $1,695/Mo.
What are key features of this property?
This property features: 1,248 square feet of retail space; Large windows and interior improvements; Rear service door connects to the back lot for deliveries and employee parking
