Price of Retail Space for Lease at 274 N US Highway 31 S

A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers. Retail space at 274 N US Highway 31 S asks $6,566.67/MO per square foot.

Type of Retail Space for Lease at 274 N US Highway 31 S

The property includes 16,050 square feet of retail space for lease. Of this total, 16,050 square feet are Retail. Lease agreement conditions for the availability at this property include NNN. For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

Amenities and Perks of Leasing Retail Space at 274 N US Highway 31 S

You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

274 N US Highway 31 S, Traverse City, MI 49685

Space Available For Lease 3

274 N US 31 S

Space Type Retail
Lease Rate $9,850.00/MO
Total Space Available 8,025 SF
Divisible Space 8,025 - 8,025 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Highly visible, 2.89 acre Parcel with 414 feet of frontage on US 31 South and 304 feet on Sundowner Drive. Large open retail building with great visibility and easy ingress/egress on US-31. The building is 6,956 Sq Ft with additional 1,069 Sq Ft on second level for a total of 8,025 Sq Ft. Four 14’ X14’ overhead doors in rear of building. 16’ ceiling height. Mezzanine offices overlook sales floor. Nicely remodeled. Plenty of parking with tremendous space for outside display. US 31 South had 24,154 cars per day in 2025. Also available as Unit A at 3,904 SF, Unit B at 4,121 SF or can also be purchased.

David J. Frost

Three West Commercial

A

Space Type Retail
Lease Rate $3,950.00/MO
Total Space Available 3,904 SF
Photos
Divisible Space 3,904 - 3,904 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Highly visible location on US 31 South. Large open retail / shop building with great visibility and easy ingress/egress on US-31. The lower level is 2,835 sq ft together with a 1,069 sq ft upper level for a total of 3,904 Sq Ft. Two 14’ X14’ overhead doors in rear of the unit 16’ ceiling height. Plenty of parking with space for outside display. US 31 South had 24,154 cars per day in 2025. Additional land with frontage can be negotiated. Entire building is also available for lease or purchase.

David J. Frost

Three West Commercial

b

Space Type Retail
Lease Rate $5,900.00/MO
Total Space Available 4,121 SF
Photos
Divisible Space 4,121 - 4,121 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Highly visible location on US 31 South. Large open retail showroom / shop with great visibility and easy ingress/egress on US-31. Total of two 14’ X14’ overhead doors in rear of the unit 16’ ceiling height. Plenty of parking with space for outside display. US 31 South had 24,154 cars per day in 2025. Additional land with frontage can be negotiated. Entire building is also available for lease or purchase.

David J. Frost

Three West Commercial

Contacts

David J. Frost

Three West Commercial

Property Details

Property Type Retail - Street Retail
Property Size 8,025 SF
Lot Size 2.9 Acre
Year Built 1983
Date Updated Sep 18, 2026

Northeast corner of the intersection of N US 31 S and Sundowner Dr.Highly visible, 2.89 acre Parcel with 414 feet of frontage on US 31 South and 304 feet on Sundowner Drive. Large open retail building with great visibility and easy ingress/egress on US-31. The building is 6,956 Sq Ft with additional 1,069 Sq Ft on second level for a total of 8,025 Sq Ft. Four 14’ X14’ overhead doors in rear of building. 16’ ceiling height. Mezzanine offices overlook sales floor. Nicely remodeled. Plenty of parking with tremendous space for outside display. US 31 South had 24,154 cars per day in 2025. Ready for a new tenant or owner occupied use. Available for lease as whole building, Unit A at 3,904 SF, or Unit B at 4,121 SF.Highly visible, 2.89 acre Parcel with 414 feet of frontage on US 31 South and 304 feet on Sundowner Drive. Large open retail building with great visibility and easy ingress/egress on US-31. The building is 6,956 Sq Ft with additional 1,069 Sq Ft on second level for a total of 8,025 Sq Ft. Four 14’ X14’ overhead doors in rear of building. 16’ ceiling height. Mezzanine offices overlook sales floor. Nicely remodeled. Plenty of parking with tremendous space for outside display. US 31 South had 24,154 cars per day in 2025. Also available as Unit A at 3,904 SF, Unit B at 4,121 SF or can also be purchased.

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Highlights

16 ft Ceilings
414 ft US 31 Frontage
4-14’ X14' overhead doors
High Visibility

Attachments

Property Brochure 1 ()

Getting around

24/100
Walk Score ®
39/100
Bike Score ®

Powered by Walk Score ®

City Traverse City, MI
Zip Code 49685

Points of Interest

Marathon

0.63 miles
Shell

1.24 miles
Family Fare Quickstop

1.25 miles
Sam's Club

2.04 miles
Speedway

2.33 miles
Mutual Service Station

2.38 miles
Blarney Castle Fleet Fuel

3.02 miles
Circle K

3.34 miles
Traverse City Supercharger

3.79 miles
ChargePoint

5.08 miles

Lone Pine Trailhead Parking Lot

1.54 miles
Oleson Bridge Trailhead Parking Lot

1.61 miles
Keystone Rapids Trailhead Parking Lot

1.62 miles
Beitner Canoe Landing Parking Lot

1.66 miles
Jack's Landing Parking Lot

1.67 miles
Optimist Cabin Property Trailhead

1.70 miles
Meadows Pavilion Trailhead Parking Lot

1.75 miles
Beaver Pond Trailhead Parking Lot

1.76 miles
South Fields Parking Lot

2.00 miles
Central Fields Parking Lot

2.23 miles

KFC

0.10 miles
Culver's

0.38 miles
Samsara Southeast Asian Cuisine

0.88 miles
Mancino's Pizza and Grinders

0.97 miles
Subway

1.01 miles
Taco Bell

1.04 miles
Marco's Pizza

1.14 miles
Burger King

1.17 miles
McDonald's

1.18 miles
Jet's Pizza

1.32 miles

Family Fare

1.22 miles
Burlington

2.37 miles
Macy's

2.41 miles
ALDI

2.43 miles
JCPenney

2.47 miles
Grand Traverse Mall

2.50 miles
Target

2.60 miles
Oryana West

2.81 miles
Walmart Supercenter

2.83 miles
TJ Maxx

3.03 miles

274 N US Highway 31 S Listing Brief

A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

Retail space at 274 N US Highway 31 S asks $6,566.67/MO per square foot.
The property includes 16,050 square feet of retail space for lease. Of this total, 16,050 square feet are Retail.

Lease agreement conditions for the availability at this property include NNN.

For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

274 N US Highway 31 S