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Endcap Retail Space
For Lease
$1,750/Mo

867 S US-31, Traverse City, MI 49685

Commercial, Traverse City, MI

Space SizeContact for details
Days on Market94

Property Features for 867 S US-31

General Information

Property type Commercial Lease
Property subtype Office
Zoning description Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Parking Lot
Exterior features Brick
Lot features Shopping Center
Directions BLAIR PLAZA - Just North of Chums Corner on the East Side of S US-31.
Subdivision Grand Traverse
Standard status Active
Size 1,440 SF

Taxes and HOA fees

Tax Description 841 THRU 867 US 31 S S 390' OF W 351' OF N 1/2 OF SW 1/4 SEC 4 T26N R11W PUBLIC UTILITY LINE EASEMENT - SEWER RECORDED 8-11-05 2005R-18100
Legal Description 841 THRU 867 US 31 S S 390' OF W 351' OF N 1/2 OF SW 1/4 SEC 4 T26N R11W PUBLIC UTILITY LINE EASEMENT - SEWER RECORDED 8-11-05 2005R-18100

Amenities

big windows
service door

Building Details

Building materials Brick, Block
Roof type Membrane
Listing Agency: Five Star Real Estate - Front St TC
Listed By: Sam Abood
Added: Jul 21 Changed: Oct 8 Last Checked: Oct 22 at 1:06AM
MLS# 1948270

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,440-square-foot retail suite occupies an end-cap position at Blair Plaza and includes large windows, a bathroom, and a rear service door opening toward the back lot. The layout can accommodate retail or service-oriented office use, with the rear access supporting deliveries and employee parking.

Located at 867 S US-31 in Traverse City, the property is within the Chums Corner area and has a parking lot for customers and staff. The building features brick and block construction with a membrane roof.

Key Highlights

  • 1,440‑square‑foot end‑cap retail suite at Blair Plaza
  • Large windows provide prominent storefront exposure
  • Rear service door opens to the back lot for deliveries and employee parking

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Locksmith Bakery (Bike/Boat/Book/etc) Store Spa & Massage Center

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

Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 93% Home Improvements & Furnishings 7%
McDonald's Dining
22,834 visits/mo 0.2 miles
Burger King Dining
20,721 visits/mo 0.3 miles
Taco Bell Dining
17,365 visits/mo 0.1 miles
Ace Hardware Home Improvements & Furnishings
4,604 visits/mo 0.3 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
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Market

Lease Benchmarks for Traverse City, MI

$19.69 /SF/Yr
Avg Asking Price
$10–$28 /SF/Yr
Price Range
5,059 SF
Avg Space Size

This space is priced 26% below the average of $19.69 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - End-cap suite with large windows, a rear service door, and parking lot access.
Where is this retail space located?
The property is located at 867 S US-31 Traverse City, MI.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: 1,440‑square‑foot end‑cap retail suite at Blair Plaza; Large windows provide prominent storefront exposure; Rear service door opens to the back lot for deliveries and employee parking
More about this property
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