Traverse City MI Real Estate & Commercial for Sale

Note: This listing is for the business only, it does not include real estate. Established local gym franchise ANYTIME FITNESS is looking for a new owner! The only sweat being shed here is by the nearly 1k members pumping iron at this newly remodeled fitness hub. The business model, startup risk, training, and updating has all been done for you. Now, all you have to do is enjoy passive ownership (and maybe an occasional jaunt on the treadmill). This franchise location is: - Located and under lease in the East Bay Plaza (near Dunham's, Tom's, and Dollar Tree) along Traverse City's highly traveled US 31 corridor. - Fully compliant and updated according to all current franchise requirements. - Fresh, clean, and busy. Opened in 2013 and recently remodeled, it's comes with a loyal customer base and just under 1,000 members. - Teeming with potential for revenue growth through personal training services. __________________________________________________ INVESTMENT DISCLAIMER The information provided in this listing is for general informational purposes only and is subject to change. Prospective buyers are advised to conduct their own due diligence before making any investment decisions. The seller and listing agent make no representations or warranties regarding the accuracy or completeness of the information provided. All offers are subject to seller acceptance and formal agreement.

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.

Incredible visibility for this site with over 700' on US-31 and unobstructed views of East Grand Traverse Bay. The site is 3.69 acres, has high traffic counts, and the Traverse Area Recreational Trail (TART) borders the entire back of the property for easy biking downtown. Existing businesses will move so the entire site can be redeveloped. Great opportunity for multi-family, hotel, restaurant, retail, office and more. Currently there are 3 buildings on the property with a combined square footage of 22,520. There are 4 driveways, plenty of parking and an outdoor playground. The existing buildings could be used as is, split into multiple businesses, added onto, or removed. Zoned Commercial Corridor allowing for mixed use development.

Fantastic opportunity! All the benefits of the city with nature are just a step away! This vacant parcel holds many possibilities! It provides high exposure with a sanctuary of beauty! MDot (Michigan Department of Transportation) traffic count is considered a high-traffic count corridor on this corner lot. It has an established ingress/egress off both Three Mile Road and South Airport. Both are public-maintained blacktop roads. This land is serviced by municipal water/sewer and natural gas. This level 2.5-acre lot is flanked to the south by Mitchell Creek, which is the third largest single tributary watershed to Grand Traverse Bay. It drains through approximately 16 square miles of land. The tributary originates adjacent to the Boardman River and is joined by numerous other small tributaries as it flows through East Bay and Garfield Townships and into East Grand Traverse Bay. The mouth of Mitchell Creek meets the beach area of Traverse City State Park. The creek flows through a mix of conifers and hardwoods, agricultural lands/open fields, lowland scrub, and finally, a moderately developed residential area before entering East Bay. Mitchell Creek Nature Preserve, just south on a 3-mile road, is a 128-acre tract of preserved land. It is essential for the health of the surrounding area because it helps filter out excess nutrients. It also assists in reducing seasonal flooding and water pollution. Finally, it provides an excellent habitat for many native species of birds, reptiles, fish, and plants. It is a popular local fishing venue that receives Steelhead migrations in the spring and Coho and Chinook Salmon migrations in the fall. Mitchell Creek generally has a sand and silt bottom, with some gravel areas. This secret gem is sure to catch your eye with its superb location and the oasis of nature that it provides... This parcel holds it all!

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!

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.

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!

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.

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!

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.

This wooded 2.9 Acre Multi-family Development parcel sits on the southeast shore of Boardman Lake with additional frontage on the Boardman River. The property is only minutes from Downtown Traverse City, shopping and the airport. Access is provided via roads, public transit, the TART Trail and the new Boardman Lake Loop which runs along the southern boundary of the property. The property is adjacent to the existing Lake Pointe Apartments.

Completely unobstructed sunset views over East Grand Traverse Bay are enjoyed all year long at Gold Coast Inn! 26 cash-flowing units are for sale all together, each renting separately very well but with upside opportunity too! Each has its own keypad for entry, and the building is keypad secure as well. Being just East of downtown Traverse City, this property rents really well. The entire property has just been remodeled, each unit is fully furnished and turnkey, and the common areas on each floor look terrific. There is a large dining room and commercial kitchen on the main floor, lovely lobby entry area, an elevator, and a back porch on the main floor and an expansive front porch overlooking the bay on each floor. Fiber optic internet is installed and ready! The Traverse Area Recreation Trail (TART) is just out the back door to ride all over the area, into Traverse City, up to Acme, or over to Suttons Bay! This investment is fully optimized and ready for you - this one's tough to beat!

Rare opportunity in downtown Traverse city, with commercial HR zoning, a large 63 unit building and a large property - a block from the public beach! This property was originally developed as a hotel (with 70 units), operated as senior living for many years, and is now ready for a new owner to create apartments, condos, operate as a hotel or long term care facility, or to create something all their own. With a large commercial kitchen, huge dining room, many common lounges, on-site commercial laundry, fiber optic internet installed and ready, a lovely back patio, expansive grounds and nicely outfitted units, this property has many things going well! There is potential to easily add up to seven additional units within the current building, and the property and building size could allow for added amenities too. This is an exciting property - bring your creativity!

Well established Traverse City bakery with a loyal following. Fully equipped and ready for new owner. Current owner is ready to retire. Will sell business including an extensive equipment list and a lease for the property. This is a great opportunity for an existing bakery or new owners with their own recipes and craft.

Prime Traverse City Commercial property. Located just south of the busy South Airport & Garfield intersection only minutes from Costco, Cherry Capitol Airport, and downtown. Currently operating as a dog grooming business, this Duell Rd Business Park location has easy access just off the beaten path. Well maintained building would be suitable for a variety of business endeavors. Private parking lot, beautifully landscaped, fenced kennel area, and 12x14 storage building. Interior features solid oak cabinets, trim, and doors, and tile flooring throughout. Great location in an area experiencing tremendous growth. Real estate only. Business not included.

Here is an opportunity to purchase and develop a large 0.63 Acre commercial parcel on US-31 at the gateway to beautiful downtown Traverse City, one of the country's most desirable Midwest locations. US-31 is the main East-West Corridor through the Grand Traverse Region, known for its beaches on crystal blue waters, wineries, breweries, restaurants and many outdoor activities. The property consists of three separate lots, two vacant and one with an existing office building remaining. The adjacent property is also available for sale for an additional 1.25 Acres of land that can be combined with this offering for a major development piece.

Unique opportunity to purchase Ridgeback Stables, a beautiful, expansive equestrian center on 19+ acres just minutes from the Traverse City Horse Shows grounds and a short drive to Downtown Traverse City. The property includes three separate barns offering a wide range of features. The main barn features high-end finishes and includes 22 12x12 matted stalls, a wash bay & grooming area, 2 tack rooms (with 26 lockers in total), a bathroom, a climate-controlled lounge area, and a large hayloft. The upper barn features 12 stalls with a mattress flooring system, 2 wash bays, a tack room, and 2 RV hookups on the outside. The upper barn also features a large 80 x 180 indoor riding area. The lower barn includes 3 stalls and a large turnout area. 37 stalls in total, with multiple turnout pastures on this property. Great opportunity to build on the existing business and really maximize the commercial potential of this prime location. Also a great property to build your dream home and keep your horses in one of the nicest facilities in Northern Michigan. Don""t pass on this one!

Once in a lifetime chance acquire a legacy property and 5-star business! This stately neo-classic revival property is looking for its next steward. The property is a piece of Traverse City's history, once owned by the son of a lumber baron, it fell into disrepair after the the lumber baron's family sold the property and left town. It was lovingly restored to its original grandeur by the current owners. The restoration process, which occurred from 1999 to 2003, took the full 4 years and multiple millions of dollars. It is being offered as a turnkey bed and breakfast business which boasts 9 bedrooms and 15 bathrooms plus a carriage house with two 2-bedroom apartments, each with a kitchen and washer/dryer. The original stables below are currently not utilized but could be converted to event space or more units. The total square footage of the house and carriage house including the unfinished portion of the basement and the lower level of the carriage house is: 15,918 square feet! Included in the sale are numerous period antiques and furnishings the most significant of which are detailed in the FFE list, to be attached to this listing as soon as it is completed. Also included in the sale are the web site, advertising materials, licenses and intellectual property. Words cannot do the property justice- it needs to be seen to be fully appreciated and allow at least an hour to fully take in all the details. This is an operating business- Please do not bother the workers or the guests. Direct all questions to the listing Broker. The property will likely be able to be financed with a combination of an SBA504 & SBA 7a if buyer income and credit qualifies. Commercial portfolio loans are an option as well. Note: Pro-forma cap rate-10.5%, ROI- 13.5% & cash-on-cash- 13.18% and still has substantial vacancy rate as new owners will need time to get it working like the well oiled machine it can be. Subsequent years after year one should improve.

The golden sand beach of this East Bay home will have you feeling like you""re on vacation every day. The 106"" of private shoreline rivals the region""s best resorts. You will love the unobstructed views up the length of East Grand Traverse Bay from this spacious and well maintained home. The main floor features an open floor plan with a fireplace, beamed ceiling, updated kitchen, and direct access to a large deck. Rounding off the main floor is a laundry room, three bedrooms, two baths, and a den. Entertaining and hosting guests will be easy "" upstairs you will find an additional kitchen, living area with fireplace, laundry room, two beds, and two baths. Large windows and glass doors on the water side of the home take full advantage of the views. This home is ideally situated on the east side of Traverse City and just a short drive to downtown, horse shows, Cherry Capital Airport, Old Mission Peninsula, and all that the region has to offer.

Prime commercial development parcel with approximately 115' of frontage on Front St just blocks from Downtown Traverse City. C-2 zoning allows for many possibilities including a mix of retail/commercial and residential units. Build up to three stories and take advantage of this highly visible piece of property.

One level office building in a convenient location in Peninsula Business Park. Full foundation with secured storage in the full basement. NEW ROOF in 2022. Total of seven offices, six that share ensuite men's and women rest rooms and kitchenettes. The seventh office has its own kitchenette and rest room. All offices are metered separately for gas and electric. Plenty of parking plus the possibility of expansion. All offices are fully leased. Nice opportunity for investors or owner occupants.

In Commercial Real Estate, it's all about location, location, location. There are only a few true marquee corners in a real estate market, and this is one of them. This 1.2 Acre property is located at the SW corner of E Front Street (US-31) and Garfield Road intersection. These two roads are both main feeder's that converge and funnel approx. 50,000 cars per day into Traverse City from the East and the South. Zoned C-3 Community Center District, this property has a multitude of allowable uses with a max building height of 45' and an 80% Impervious Surface maximum. Just a few minute walk or quick bike ride to West Grand Traverse Bay or Downtown Traverse City.

Gorgeous newer office building, located on 8 pristine acres with a large 32 space parking lot. The interior boasts cathedral ceilings, cherry trim throughout, and large bright windows. Perfectly maintained, and well equipped. Perfect for a dental or medical practice, insurance, attorney or any other professional office space. Long winding quiet road, set back off the beaten path, quiet and serene location. Look out the large windows at the wild life.