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Executive Summary

Seize the chance to own a cornerstone of Traverse City’s thriving Warehouse District. The iconic Warehouse MRKT building blends sleek industrial design with a dynamic marketplace environment, housing 9 established tenants in a proven multi-tenant rental model. With soaring ceilings, exposed beams, and an adaptable open floor plan, the property offers exceptional flexibility - whether you envision expanding its beloved local marketplace, establishing a flagship retail concept, or pursuing a unique mixed-use redevelopment. Sitting on three-quarters of an acre with convenient on-site parking, this property offers both stability and untapped potential. As an established pillar of the community, Warehouse MRKT combines character, location, and income potential - making it a rare opportunity to secure a prime asset in one of Traverse City’s most sought-after districts.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
18,000 SF
Building Class
C
Year Built
1926
Price
$4,072,387 CAD
Price Per SF
$226.24 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.71 AC
Zoning
Commercial - Commercial use
Parking
17 Spaces (0.94 Spaces per 1,000 SF Leased)
Frontage
141’ on Hall Street
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100

Nearby Major Retailers

Huntington National Bank
Independent Bank
Nicolet National Bank
Fifth Third Bank
Charles Schwab
Chase
Biggby Coffee

Property Taxes

Property Taxes

Parcel Number
51-658-044-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,604,119 CAD
  • Listing ID: 37380797

  • Date on Market: 2025-08-22

  • Last Updated:

  • Address: 144 Hall St, Traverse City, MI 49684

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