Pending
Sale/Lease
Industrial
Manufacturing

2364 Traversefield Dr

2364 Traversefield Dr, Traverse City, MI 49686

For Sale

$3,500,000

$73.49/SF

Building Size
47,625 SF
Lot Size
5.4 ac
County
Grand Traverse
Listed
07/20/2026
Updated
07/22/2026
2364 Traversefield Dr
1 / 39

Overview

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.

Clear-span 350' × 120' floor plate with 28' eaves2,160 SF finished office suiteHeavy power (480/277V and 120/208V) and 125 psf warehouse floor loads±5,000 SF covered dock: 2 dock-height doors with levelers and seals, plus grade-level drive-in

Additional Information

City
Traverse City
State
MI
Zip Code
49686
Secondary Uses
Manufacturing
Office SF
2,160 SF
Warehouse SF
42,000 SF
Zoning
I
Zoning Desc.
Industrial
Year Built
1999
Tax ID Number
28-51-852-011-00
Parcel APN
51-852-011-00
Listing ID
35147e60

Parcel & Location