2364 Traversefield Drive, Traverse City
Driving Directions$3,500,000
(415 ) 254-1622
info@manitou-life.com
Listing is courtesy of Three West, LLC
231-929-2955
MLS: #1948209
- Sale or Lease: False
- Square Feet: 47,625
- Acres: 5.46
- Business Incl: No
- Real Estate Incl: Yes
- Township: Garfield
- County: Grand Traverse
- Business Type: Manufacture/Warehouse, Professional Service
- Location: Industrial Park, Freestanding
- Included in Rent: None
- Zoning: Industrial,Manufacture/Warehouse
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.
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