About 2364 Traversefield
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' Ã- 120' floor plate with 28' eaves, and a 2012 renovation added a 2,160 SF finished office suite â€" reception, showroom, private offices, break room â€" 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.
Features of 2364 Traversefield
| MLS® # | 78080071263 |
|---|---|
| Price | $3,500,000 |
| Bathrooms | 0.00 |
| Acres | 5.46 |
| Year Built | 1999 |
| Type | Commercial |
| Status | Active Under Contract |
Community Information
| Address | 2364 Traversefield |
|---|---|
| Area | 28041 - Garfield Twp |
| Subdivision | N/A |
| City | Garfield charter township |
| County | Grand Traverse |
| State | Michigan |
| Zip Code | 49686 |
Amenities
| Utilities | Natural Gas Connected |
|---|---|
| Parking | Parking Lot, Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas, Other Heating Source |
|---|---|
| Fireplace | No |
Exterior
| Construction | Block, Steel Siding |
|---|---|
| Foundation | Slab |
School Information
| District | Traverse City |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Three West, LLC |
|---|---|
| Contact Info | kendres@threewest.com |