$3,500,000

2364 Traversefield Drive, Traverse City MI, 49686

Price per sqft$73.49

Built in1999

Property size47,625 sqft

Property typeCommercial

Listed by Kevin Endres with Three West, LLC Listing Contact: 231-534-5225

Overview

Active

Active U/c Taking Backups

Listed Jul 20, 2026

Updated 3 weeks ago

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.

Additional information

MLS^® ID: 1948209

Interior Features

Bathrooms: 4
Heating: Yes
Basement: No

Exterior Features

Lot Size: 5.46 Acres

Other Property Details

Association Fee Frequency: Yearly

Listed by Kevin Endres with Three West, LLC
Listing Contact: 231-534-5225

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 9/17/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/17/2026 at 12:31 AM UTC