2364 Traversefield

Traverse City, MI 49686
  • $9

    Price
  • 0

    Bed
  • 0

    Bath
  • 47,625

    SqFt

About the Listing 61599 - NGL-T337230

Three West Commercial is pleased to present 2364 Traversefield Drive, a 42,000 SF industrial warehouse on 5.40 acres in Traverse City's Traversefield Enterprise Place. The building features a clear-span 350' × 120' floor plate with 28' eaves, and a 2012 renovation added a 2,160 SF finished office suite — reception, showroom, private offices, break room — with a storage mezzanine above and a dedicated public entry. Loading is handled through a ±5,000 SF covered dock with two dock-height doors and a grade-level drive-in, and the fully sprinklered building carries heavy power and 125 psf floor loads. The property is leased triple-net through March 2027 at well below market rent, so the asset produces income from day one: an investor gains a built-in runway to re-lease at market with significant yield upside, while an owner-user can collect rent while planning a 2027 occupancy. The site also supports future expansion, with a ±5,000 SF office addition already contemplated on the site plan.

Listing Highlights

Status Active With Contingency
Days on Site 12
Property Type Commercial Lease
MLS ® 80071262
Year Built 1999
Total Square Footage 47,625
Lot/Acreage 5.46

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 47625
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 671x474x647x263
  • Zoning: Industrial
  • Roof: Metal
  • Others:
  • Sewer: Public Sanitary
  • Parking Features: 21+ Spaces,Parking Lot

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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2364 Traversefield Traverse City, MI 49686

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Originating MLS: Aspire North REALTORS

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Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

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