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Traverse City MI Real Estate & Commercial for Sale

67 Properties Found

The median home value in Traverse City, MI is $392,500. This is higher than the county median home value of $160,000. The national median home value is $308,980. The average price of homes sold in Traverse City, MI is $392,500. Approximately 55% of Traverse City homes are owned, compared to 36% rented, while 10% are vacant. Traverse City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Traverse City real estate agent to arrange a tour today!
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1–25 of 67 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
20,000
Status:
NEW LISTING
MLS#:
78080016786
Type:
Business Opportunities
Subdivision:
Copper Ridge Professional Cent
Year built:
2024
A broker reciprocity listing
View additional info

Take advantage of this opportunity to build in Copper Ridge Professional Center. Copper Ridge offers convenience to the downtown business corridor and Munson Hospital without the chaos of being downtown with generous parking lots and gorgeous views. This pad is approved for a 20,000sf two story retail/office building.

Beds:
n/a
Baths:
Sq.Ft.:
12,000
Status:
NEW LISTING
MLS#:
78080016749
Type:
Business Opportunities
Subdivision:
n/a
Lot size:
1.72 Acres
Year built:
1995
A broker reciprocity listing Courtesy: Coldwell Banker Schmidt-522
View additional info

Fully leased Investment property with 7.9% cap rate based on projected income. 3 industrial buildings with 300' of frontage on Rennie School Road. 1.7 acre parcel with outdoor storage, good signage and good parking. Building A is 5,520 SF with 7-8 offices, shop space with loft storage, and 3 overhead doors (two at grade level and one with a truck loading dock). Building B is 3,280 SF warehouse with a paint booth. Building C is 3,200 SF insulated warehouse, divided into two sections with 3 overhead doors. All spaces are leased with terms ranging from 1-4 years.

Beds:
n/a
Baths:
Sq.Ft.:
1,592
Status:
Active
MLS#:
78080016632
Type:
Business Opportunities
Subdivision:
None
Lot size:
0.19 Acres
Year built:
2024
A broker reciprocity listing Courtesy: The Mitten Real Estate Group
View additional info

This is a fantastic redevelopment opportunity directly on Front Street, where the value lies in the land. It comes with engineered plans for a cutting-edge project featuring twelve luxury condos, each about 1,400 square feet. Three out of twelve units are eligible for STR. There's also 3,000 square feet of flexible commercial space on the ground floor that could be used for retail or common space for condominium owners: gym, shared workspace, lounge, etc., and a huge rooftop lounge perfect for relaxing. We've crunched the numbers and see a potential sellout value of $15 million. You'll need to wrap up some additional engineering before breaking ground. Do your own due diligence to determine your comfort level with the project.

Beds:
n/a
Baths:
Sq.Ft.:
2,538
Status:
Active
MLS#:
78080016563
Type:
Business Opportunities
Subdivision:
None
Lot size:
0.18 Acres
Year built:
1936
A broker reciprocity listing Courtesy: Century 21 Northland
View additional info

A versatile location with an eye on the future and West Bay! This 2,538 sq ft building with a 20 space parking lot offers new ownership an almost endless list of possibilities! The current office use is updated and well kept, featuring 2 conference rooms, ADA accessible half bathroom, kitchenette, and sizable reception/waiting area. Additionally there are 7 offices with 3 offering beautiful water views. The substantial basement provides excellent additional storage. Future options abound at this location! The building has 2 addresses/frontages leaving options open to reconfigure into multiple ventures! Furthermore, current zoning permits up to 4 stories. Imagine year round unobstructed views of West Bay! No matter your calling; this TC treasure is worth a look! The website www.traversecitymi.gov/government/city-departments/planning-and-zoning/ provides Traverse City zoning information. Shown by appointment only. Real estate only for sale; please do not approach business/employees occupying location about this listing.

Beds:
n/a
Baths:
Sq.Ft.:
2,000
Status:
Active
MLS#:
78080016193
Type:
Business Opportunities
Subdivision:
M37 Round About Barns
Year built:
2022
A broker reciprocity listing Courtesy: Key Realty One-TC
View additional info

Introducing M-37 Round About Barns, a truly unique ownership opportunity. These are Borkholder Craftsman, Custom Truss Commercial Buildings Size: 40' wide X 50' long X 16' 4" tall Sidewalls: 4ply 2x6 spaced 8' o.c. Endwell Posts: Approximately 8' o.c. Trusses: 4 o.c. 4/12 60 GS w/ ceiling load. Includes the following: Typar or similar Guard Wrap House Wrap & 4 mil Clear polyethylene vapor barrier, w additional 2-inch foam on perimeter. Kynar 500 Paint Upgrade with Exterior Premiere Steel Siding, 29G Ultra Rib Max with Wanes Coating. Interior walls covered with white finished steel, attic access and Full Broadcast Epoxy Floors. Twin 12x14 High Quality, 2-inch thick R16.4 Flat Panel Insulated Door with electric garage door opener. 1 Commercial front access door with keypad access and Lockguard Security Protection. Real Stone on the front of the Luxury Barns. Garage Door Bollards (cement filled and painted poles to prevent dings and guide). Concrete slab floor, with pressure crack relief cuts and a full 4-foot owners aprons. Fully Insulation Construction: Walls R-19, Ceiling R-50. 200-amp electrical service with full build out electric package and ceiling fans. Owner managed utility meters, gas and electric. Fully constructed for heat with 120,000 BTU Natural Gas hanging unit, exhaust and thermostat installed. Heat upgrades or complete allowance deduction available before construction or pre-built. This has a straight shot of 400-foot asphalt right into TWIN 14-foot-tall doors, perfect for the largest toys or assets. This has a straight shot of 400-foot asphalt right into TWIN 14-foot-tall doors, perfect for the largest toys or assets.

Beds:
n/a
Baths:
Sq.Ft.:
2,706
Status:
Active
MLS#:
78080015617
Type:
Business Opportunities
Subdivision:
Downtown TC
Lot size:
0.37 Acres
Year built:
1965
A broker reciprocity listing Courtesy: EXIT Realty Paramount
View additional info

If you've dreamed of owning a downtown bar/restaurant, look no further! The Thirsty Fish Sports Grille remains open for business leading into another busy summer in 2024, and is now offering a new owner the opportunity to take the wheel and steer this local favorite into the future! Featuring a covered outdoor bar, complete with a stage (live music allowed) and outdoor bar/table seating, as well as an indoor dining room/bar with TVs/jukebox/Keno, and a commercial kitchen. Listing includes the business, liquor & food licenses, furniture/fixtures/equipment, and assumption of the existing lease. (*Business for sale only, does not include real estate.)

Beds:
n/a
Baths:
Sq.Ft.:
14,777
Status:
Active
MLS#:
78080015268
Type:
Business Opportunities
Subdivision:
Logan's Landing East
Lot size:
1.58 Acres
Year built:
1968
A broker reciprocity listing Courtesy: EXIT Realty Paramount
View additional info

Amazing development and/or revitalization opportunity in central Traverse City! This high-visibility 1.58-acre property combines flexible zoning and 300' of frontage on the Boardman River for endless opportunities. Recreational uses surround this iconic property, including public access to the TART Trail and its new Boardman Lake Loop, the Boardman Lake Kayak Launch, with the backdrop of Medalie Park to the north and east and the Boardman River to the west. Currently, the property's various suites include former restaurants and active retail/office uses, with plenty of parking and some green space along the river. Zoning (Garfield Twp's C-G zoning) allows a wide variety of uses. Bring your ideas to this unique property and create a new Traverse City icon!

Beds:
n/a
Baths:
Sq.Ft.:
15,682
Status:
Active
MLS#:
78080015172
Type:
Business Opportunities
Subdivision:
N/A
Lot size:
1.5 Acres
Year built:
1949
A broker reciprocity listing Courtesy: Coldwell Banker Schmidt-522
View additional info

Incredible unobstructed views of Grand Traverse Bay from this prime development site on high traffic commercial cooridor with great visibility. Currently there is a 15,682 SF building on the property with 2 driveways and plenty of parking. The site is 1.5 acres. The TART trail runs along the back of the property and there is a large outdoor play structure on the property. This is a great redevelopment opportunity for retail, hospitality, restaurant, office, multi-family and more. The existing building could be used as is, split into multiple businesses, added onto, or removed. Land is zoned Commercial Corridor allowing for mixed use development. Size of existing building taken from tax record and to be confirmed by buyer.

Beds:
n/a
Baths:
Sq.Ft.:
11,486
Status:
Active
MLS#:
78080015057
Type:
Business Opportunities
Subdivision:
West Traverse Office Plaza
Lot size:
1.2 Acres
Year built:
1994
A broker reciprocity listing Courtesy: Five Star Real Estate - Front St TC
View additional info

Medical Office Building - 11,486 Sq/Ft. Main Level is 6,187 Sq/Ft. Walkout Lower Level is 5,299 Sq/Ft and Features a Large Open Area w/Picture Windows providing lots of natural light. Excellent for Physical Therapy, Patient Assessments, Gym Related Activities! Current tenant (month to month) is utilizing the lower level (some lab space), and approx. 2/3's of the main floor. The owner is using approx. 1/3 of the main floor & shared common areas. Owner leaseback is negotiable or buyer could use the entire building if needed. Many individual offices of various sizes. Close to Munson Hospital surrounded by a variety of Medical Practices.

Beds:
n/a
Baths:
Sq.Ft.:
6,460
Status:
Active
MLS#:
78080015012
Type:
Business Opportunities
Subdivision:
Metes & Bounds
Lot size:
0.56 Acres
Year built:
1968
A broker reciprocity listing Courtesy: Lakeside Properties Real Estate
View additional info

High Traffic Traverse City Location - Great investment opportunity to own a Commercial/Retail building with a long term tenants already established. Building has two rental units. Near Cherry Capital Airport. High traffic count location!

Beds:
n/a
Baths:
Sq.Ft.:
448
Status:
Active
MLS#:
20240011704
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Lake Homes Realty, LLC
View additional info

Bardon's Wonder Freeze, a cherished Traverse City tradition since the 1950s. Situated at the prime corner of Front and Garfield, captivates both locals and visitors alike with average daily traffic count in excess of 53,000 cars- yes a day! With a proven history of revenue generation and community engagement, this corner store has become an iconic landmark, embodying the spirit of the little ice cream store that could. Now, as the current owners reluctantly bid farewell after four highly successful years, seize the opportunity to take over this turnkey operation equipped with modern amenities, numerous updates, and a strong return on investment. Real Estate and Business are both included in this sale. Zoning is zoned C-3. C-3 uses include C-2 uses and C-2 uses include C-1 uses.

Beds:
n/a
Baths:
Sq.Ft.:
6,547
Status:
Active
MLS#:
78080014810
Type:
Business Opportunities
Subdivision:
None
Lot size:
2.01 Acres
Year built:
1995
A broker reciprocity listing Courtesy: Three West, LLC
View additional info

The Fresh Coast Market is a Nationally Award Winning Market, Deli and Coffee shop located between Downtown Traverse City and Long Lake and across the Street from National Award winning Moomer's Ice Cream. This turn-key investment opportunity includes a trademarked brand that boasts the sales of over 200 Michigan Made products. Plans area available, and included with the sale, for a potential 10,000 SF addition to the store to boast food production of the Deli's private recipes of exceptional salads, sandwiches and take out. Pick up where the current owner are leaving off and build on the exceptional foundation to take this market and brand to the next level. The sale includes the business LLC and the real estate LLC, and all licenses. Inventory will be sold as-is at cost at time of sale.

Beds:
n/a
Baths:
Sq.Ft.:
3,500
Status:
Active
MLS#:
78080014798
Type:
Business Opportunities
Subdivision:
Hammond Commons
Lot size:
1.04 Acres
Year built:
2023
A broker reciprocity listing Courtesy: Woodside Real Estate, LLC
View additional info

New Industrial Office/Warehouse Space in Traverse City! Brand new and ready for your business! This industrial office space offers 3500 sprawling square feet of customizable potential, including a bathroom and warehouse. Situated near both the West and East side and just a few minutes outside of Kingsley, this property is conveniently located for employees and clients alike with ample parking. ________________________ Real Estate Disclaimer All information provided for 1391 Industry Drive, Unit 5E is deemed reliable but is not guaranteed and should be independently verified by the buyer. The seller and listing agent make no representations or warranties as to the accuracy or completeness of the information provided. This information is subject to change without notice. The buyer is responsible for conducting their own due diligence and verifying all facts pertinent to their purchase decision.

Beds:
n/a
Baths:
Sq.Ft.:
17,540
Status:
Active
MLS#:
78080014687
Type:
Business Opportunities
Subdivision:
Milliken Medical Building
Lot size:
0.91 Acres
Year built:
1955
A broker reciprocity listing Courtesy: Coldwell Banker Schmidt-522
View additional info

Unique opportunity to purchase the iconic Milliken Medical property located right next to Munson Medical Center in the heart of Traverse City's hospital district. Featuring over 17,500 SF on approximately 0.91 acres, this property is perfect for continued medical office use, multi-family redevelopment, or any number of other options allowed under the coveted H-1 zoning. The first floor of the building is approximately 11,955 SF and features numerous exam rooms & offices, waiting and reception areas, 6 restrooms, and a beautiful courtyard in the center of the building. The second floor is approximately 5,585 SF in total and features 4 medical office suites with a dedicated restroom in each suite. The membrane roof is approximately 5 years old. Two elevators servicing building and large parking lot accommodating up to 42 vehicles. Two separate basements total an additional 9,000 SF providing great storage space.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
78080014686
Type:
Business Opportunities
Subdivision:
N/A
Lot size:
0.45 Acres
A broker reciprocity listing Courtesy: Coldwell Banker Schmidt-522
View additional info

Prime development parcel located right next to Munson Medical Center. This property is approximately 0.5 acres in size and has been used as a parking lot for many years (can accommodate up to 42 vehicles). With municipal water & sewer, this parcel is perfect for a multifamily development, medical office development, continued use as a parking lot, or many other uses allowed under H-1 zoning. Bring your ideas and take advantage of this excellent location! Sale of this property is contingent on sale of 224 Circle Dr (MLS #1919308). Seller will entertain offers on 103 S Madison St lot but reserves the right to wait until 224 Circle Dr is sold prior to selling 103 S Madison St lot.

Beds:
n/a
Baths:
Sq.Ft.:
2,098
Status:
Active
MLS#:
78080014529
Type:
Business Opportunities
Subdivision:
Woodmere Commercial Center
Lot size:
1.33 Acres
Year built:
2005
A broker reciprocity listing Courtesy: Century 21 Northland
View additional info

Great in town commercial space conveniently located in The Woodmere Commercial Center. This 31' x 66'' unit features 2x6 insulated framed construction with steel siding, shingled roof, 14' ceiling height, concrete floor, 200 amp service, 10' x 12' overhead door, radiant overhead heat, 9-8 x 11-8 office and a 1/2 bath.

Beds:
n/a
Baths:
Sq.Ft.:
2,504
Status:
Active
MLS#:
78080014470
Type:
Business Opportunities
Subdivision:
N/A
Lot size:
0.3 Acres
Year built:
1956
A broker reciprocity listing Courtesy: Coldwell Banker Schmidt-522
View additional info

Great opportunity to purchase this solid medical office property located in close proximity to Munson Medical Center in the heart of Traverse City's hospital district. Featuring over 2,500 SF on approximately 0.3 acres, this property is perfect for continued medical office use, multi-family redevelopment, or any number of other options allowed under the coveted H-1 zoning. The first floor of the building features numerous exam rooms & offices, a waiting and reception area, and 2 restrooms. The unfinished basement is approximately 900 SF in total and features a bathroom and plenty of storage space. The parking lot can accommodate up to 13 vehicles.

Beds:
n/a
Baths:
Sq.Ft.:
2,704
Status:
Active
MLS#:
78080014253
Type:
Business Opportunities
Subdivision:
Hannah Lay & Co's 5th
Lot size:
0.11 Acres
Year built:
1930
A broker reciprocity listing Courtesy: REMAX Bayshore - W Bay Shore Dr TC
View additional info

Prepare yourself to fall in love with this stunning property boasting fantastic West Bay views and a downtown location that can""t be beat! Even better, this property is zoned C-4, allowing for the most liberal of commercial zoning rules, making for one of the most unique investment opportunities in downtown Traverse City. The street level has most recently been utilized as a music school, though zoning regulations and the location allow for a multitude of use options, including restaurants, medical/legal offices, retail shops, AirBNB, and so much more. This historic 2-story Victorian home could also easily be converted back into a residential unit- the second floor is currently a 3 bed/2 bath AirBNB, projected to see immediate cash flow. The unfinished attic- space could also be finished to provide more rentable space for the existing AirBNB. Strolling downtown, you are greeted by a traditional covered porch spanning the full width of the home. Once inside, the lower level features original hardwood floors, a foyer entry, a large office, and several spacious rooms, many with solid oak pocket doors. There is also an expansive living room hosting a handsome corner fireplace. The upper/main level of the home offers numerous updates and features beautiful wood floors, and a spacious family room adjacent to the L-shaped kitchen and dining area. Beyond the main living areas is a designated laundry room, a full hallway bath, and 2 roomy guest bedrooms. Rounding out this level of the home is a spacious primary bedroom suite hosting a private bath with a standing shower. Just steps from the Bay and downtown TC, this property offers historic beauty and endless possibilities!

Beds:
n/a
Baths:
Sq.Ft.:
3,936
Status:
Active
MLS#:
78080014188
Type:
Business Opportunities
Subdivision:
GT Commerce Centre
Year built:
1995
A broker reciprocity listing Courtesy: Coldwell Banker Schmidt-522
View additional info

Great retail or office location with good visibility and easy ingress and egress from South Airport Road. Stand-alone building is comprised of 2 units that are currently being used as one 3,936 SF store, but could easily be divided back into two units. Each side has its own bathroom and access to the lower level which is comprised of storage and some finished office space. Lower level could be finished off and have its own entrance from the south parking lot if a deck/staircase was added. New roof and french drains in 2022. Located directly across from Grand Traverse Mall and has plenty of parking for customers. Neighboring uses include retail stores, beauty salon, professional services, healthcare, and retail banking. Offered well below assessor's true cash value of $1,059,400.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
78080014174
Type:
Business Opportunities
Subdivision:
GALLERIES ON GARFIELD CONDOMIN
Lot size:
0.16 Acres
Year built:
2023
A broker reciprocity listing Courtesy: REO-TCRandolph-233022
View additional info

Unit 6 is shovel ready and part of the approved PUD Galleries on Garfield. Property is within the city limits and zoned C-1 and if fully serviced by municipal sewer and water. Purchase price includes architectural plans and 3D renderings. Building plans reflect a 3 story building with 5 luxury apartment homes or condominium units with attached garages as well as space designed on the main floor for commercial uses.

Beds:
n/a
Baths:
Sq.Ft.:
8,250
Status:
Active
MLS#:
78080014026
Type:
Business Opportunities
Subdivision:
None
Lot size:
2.9 Acres
Year built:
1983
A broker reciprocity listing Courtesy: Three West, LLC
View additional info

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 7,104 Sq Ft with additional 1,146 Sq Ft on second level for a total of 8,250 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 24,758 cars per day in 2022. Currently leased to two tenants with an annual rental income of $158,244 NNN. One Tenant is leaving and the other can be moved. Ready for a new tenant or owner occupied use.

Beds:
n/a
Baths:
Sq.Ft.:
6,100
Status:
Active
MLS#:
78080013949
Type:
Business Opportunities
Subdivision:
Metes and Bounds
Lot size:
0.15 Acres
Year built:
1938
A broker reciprocity listing Courtesy: Keller Williams Northern Michigan
View additional info

West Front Street is on fire with new development! Now, this parcel is available as an infill redevelopment opportunity. New parking deck is planned just around the corner. This is a perfect location for luxury condos, boutique hotels and several other uses. Bordered on the East side with TC's pedestrian bridge which crosses the Boardman River into the popular Warehouse District and one block to the Bay. Use by right, allows this land to be built to a 60' height offering views of West Grand Traverse Bay and the Boardman River. J&S Hamburg will re-locate.

Beds:
n/a
Baths:
Sq.Ft.:
2,294
Status:
Active
MLS#:
78080013875
Type:
Business Opportunities
Subdivision:
Village at GT Commons
Year built:
1885
A broker reciprocity listing Courtesy: Century 21 Northland
View additional info

This is a lovely and incredibly functional commercial space in Grand Traverse Commons. Included are seven private offices and a break room with appliances included. Featuring the iconic cream brick interior of the Commons and exquisite rock work, this is a unique work space with some seriously cool vibes contained within the historic walls. New carpet, wood doors, and wood window frames add a nice ambience. All of the wonderful amenities of the Commons outside of the doors are an added bonus, with fine dining, exceptional beverage options, and boutique shops abounding. Could be converted to residential space.

Beds:
n/a
Baths:
Sq.Ft.:
23,983
Status:
Active
MLS#:
78080013809
Type:
Business Opportunities
Subdivision:
Front Row Center
Lot size:
0.21 Acres
Year built:
1930
A broker reciprocity listing Courtesy: Three West, LLC
View additional info

121 E Front Street, commonly known as the Front Row Centre building, is located in the heart of beautiful downtown Traverse City, MI. Front Row Centre is one of downtown's largest buildings with views of Front Street, the Boardman River and West Grand Traverse Bay. Historically the building was a movie theater and then remodeled into the current mixed use retail and office building. The building consists of 4 floors and a basement, a beautiful atrium with multi-story windows overlooking the water. The building currently produces a gross income of approx. $229,000 but the opportunities and potential for this large piece of Traverse City are endless.

Beds:
n/a
Baths:
Sq.Ft.:
3,008
Status:
Active
MLS#:
78080013508
Type:
Business Opportunities
Subdivision:
Cass Road Industrial
Lot size:
0.95 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Coldwell Banker Schmidt-522
View additional info

An exceptional location for a commercial and/or mechanical service business, the BATA Auxiliary Office & Warehouse is close to downtown Traverse City. This nearly one acre property also provides ample parking and has over 2,400 sq. ft. of warehouse space and 600 sq. ft. of office suites. Access is easy as the property is located on Cass Rd. less than 1/4 mile from the intersection with South Airport Rd. Large 14 ft. overhead door and 16 ft. ceilings make the warehouse perfect for material handling or truck/auto servicing. Subject to delayed occupancy in Sept. 2024.

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The data relating to real estate for sale on this web site comes in part from the IDX Program of the RealComp MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX provided courtesy of Realcomp II Ltd. via and , ©2022 Realcomp II Ltd. Shareholders

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