Traverse City MI Real Estate & Commercial for Sale

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.

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.

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.

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.

Block building with tall ceilings, overhead doors, and more! Conveniently located just south of Traverse City (yet north of Chums Corner), this well-maintained building sits prominently at the corner of W Blue Star and Polaris Crescent. Formerly a duplex building, an interior wall was partially removed for a tenant's needs; the building could remain as-is for a single user or could be partitioned into two units again (each unit has a heater, office, and bathroom).

Built in 2020, is a remarkable 6,969 SF mixed use building currently for sale in the charming Slabtown neighborhood. This unique property combines a well-established street level liquor store business (4,000 SF) and two luxury 2-bed, 2-bath short-term rentals on the second floor, each approximately 1,300 SF. Seller is open to selling the upper and lower levels separately. These immaculate living spaces feature all the modern amenities, including spacious covered patios that offer residents a peaceful escape. It is surrounded by a lively mix of businesses, including Slabtown Burger, Loco Boys Brew Pub, a pizzeria and other shopping opportunities. Within three blocks you will find The Commons, Tart Trail and West End Beach on Grand Traverse Bay. This is a fantastic investment opportunity to operate a local business and own income producing real estate, all in a live-work scenario.

Looking for new business opportunity or to expand your existing business? This attractive location is just minutes from the heart of Traverse City, Munson Medical Center, and Silver Lake! Historically this property has operated as an adult foster care a with 12 private bedrooms on the main/lower level. Most bedrooms have either private or shared half bathrooms. Each wing features an ADA accessible shower-room. The upstairs residence features 3 bedroom, 1 bathroom with separate secure entry. This space is ideal for potential staff/owner housing or future client expansion. Backyard highlights include deck, shed with electric, and patio with radiant heat. The 3 car garage, security systems, fire suppression, generator and recent updates are just some of the bonuses that round out what this property has to offer! Location being sold with most of the furniture and inventory exception of a few personal items. Garfield Township Zoning Ordinance information can be found at https://www.garfield-twp.com/zoningord.asp

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!

Here is a unique Investment Opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the units are uniquely designed with unobstructed views of the water, some with private balconies. Located just on the edge of the Warehouse District, it is only a minutes walk to downtown. The site provides ample on-site parking for the buildings tenants and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 3 condominium units (1, 2 &5) located on the 1st floor (Independent Bank) and 3rd floor (Merrill Lynch) of the building. The NOI is an average of the base rent over the terms of the leases.

Here is a unique opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the unit is uniquely designed with unobstructed views of the water with a private patio for entertaining. Located just on the edge of the Warehouse District, it is only a minutes"" walk to downtown. The site provides ample on-site parking for the building""s owner, tenants, and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 1 condominium unit (Unit 3D to be created) which is located on the 2nd Floor with 3 other professional office suites. The total size of the Unit will be approximately 3,705 SF. The space can be converted to a Residential Use with Condominium Association Approval. Sale is subject to revision and amendment of the Condominium documents and associated Exhibit B drawings. Use Exclusions exist for Financial Institutions.

Here is a unique opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the unit is uniquely designed with unobstructed views of the water with a private balcony. Located just on the edge of the Warehouse District, it is only a minutes"" walk to downtown. The site provides ample on-site parking for the building""s owner, tenants, and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 1 condominium unit (Unit 3C to be created) which is located in the northeast corner of the 2nd Floor with two sides of windows providing an abundance of natural light. The total size of the Unit will be approximately 3,967 SF. The space can be converted to a Residential Use with Condominium Association Approval. Sale is subject to revision and amendment of the Condominium documents and associated Exhibit B drawings. Use Exclusions exist for Financial Institutions.

Here is a unique opportunity to own a portion of Traverse City's premier mixed-use Class A Professional property, the Harbour View Centre building. Located directly across from West Grand Traverse Bay, the unit is uniquely designed with unobstructed views of the water with a private balcony. Located just on the edge of the Warehouse District, it is only a minutes walk to downtown. The site provides ample on-site parking for the buildings owner, tenants and customers, which include anchor tenants Independent Bank and Merrill Lynch. The sale includes 1 condominium unit (Unit 3B to be created) which is located on the 2nd Floor with 3 other professional office suites. The total size of the Unit will be approximately 2,200 SF. The space can be converted to a Residential Use with Condominium Association Approval. Sale is subject to revision and amendment of the Condominium documents and associated Exhibit B drawings. Use Exclusions exist for Financial Institutions.

Prime white box office space of 1210 sq ft on the third floor of the Harbour View Centre. Bring your plans and build out your dream office space in this Class A building with high quality finishes and professional setting. Large windows provide for a lot of natural light and high ceilings make this space feel larger than it is. The western wall of windows provides views of West Grand Traverse Bay.

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.

Industrial investment opportunity! This offering is for a sale-leaseback opportunity at a 9% CAP Rate. Building has undergone extensive upgrades and features over 40,000 SF with ceiling heights up to 24' and 22,000 SF with ceilings up to 20'. Building has newer fire suppression system, heavy duty electric, multiple truck wells and loading docks, lunch room, multiple bathrooms and 3-4 offices. Business will lease building back on NNN lease for 3 years with 1 year option.

This property is located at the SE corner of Division Street (US-31) and Third Street on the west side of Traverse City. Great location with high visibility! It currently has 8 units with a strong rental history. Zoned C-1 with R-3 District uses. Built in 1967, this office building has had various updates over the years including two new rooftop AC units and boiler in 2005, renovated common area and bathrooms in 2018. Professional landscaping and brand new exterior within the last few years.

THE ICONIC WURZBURG BUILDING IS NOW ON THE MARKET! Located on the most desirable 2 blocks of downtown Traverse City with over 9,000 SF between 3 floors. Handsome facade of natural wood with bay windows extended onto Front Street and a designated crosswalk in front of the building. The brick exteriors and interior add to the charm of this architectural gem. The brick interior walls could be rerevealed. With 10ft + ceilings it is prime for developing the upper floors. The full basement, not included in the 9045 SF, provides storage and space for mechanicals. There are (3) private parking spaces sitting behind the building. Ample parking exists behind the building in both metered lots and parking spaces. The space is zoned C-4Bfor commercial or residential use.

Large vacant parcel very close to town ready to be developed, with 215' of frontage on Cedar Run Road. Currently zoned R1 "" One-Family Residential. Next door property is zoned C-G General Commercial. 3.75 Acres with some wet lands. Rezoning has been discussed by Garfield Township but never pursued beyond initial discussion. May be possible to rezone the front leaving the back of the property residential.

One of a kind Leelanau County property that is only 4 miles from Traverse City. Agricultural zoning offers multiple opportunities! Approx 1200 sq ft of office space, along with recently remodeled 3800 sq ft warehouse (Aug 2023) with: New insulated ceiling in main warehouse New drywall and paint throughout warehouse New 1600 sq ft PVC wall board New 3800 sq ft epoxy flake flooring Resealed blacktop driveway and parking lot Additional features in this steel framed Butler building include: Newer septic tank & drain field Newer heat pump/AC system Lawn irrigation system Security system 3/4 bath off main warehouse, 1/2 bath in office, and updated 1/2 bath in back of warehouse 14' overhead door with loading dock Large lot with outdoor storage or room to expand Shed and tack room with water and electric Roof replaced approx 15 years ago by Bloxom 380 sq ft finished office on 2nd level Approx 2000 sq ft additional storage on 2nd level LAND CONTRACT CONSIDERED

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.

Invest in the land - not many Med density parcels left in East Bay township. Public Sewer and Natural Gas installed and public water across road. 5 acres of development potential in an area of condominiums and located just north of National Guard station. Zoning allows up to 40 units on this parcel. Current home on parcel has 4 bedrooms, 1 bath with older barn and garage. You can rent out after closing while you get your project designed and ready to build. This is an affordable investment in the future growth of East Bay Township.

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!

Large warehouse/automotive building in industrial park close to town. Large site with over 2 acres and good parking/yard area. Building has 9 overhead doors for ease of access. 2 buildings connected with a breezeway. Ceiling heights are 18' and 16' to bottom of truss. There is a paint booth with make-up air, bake booth, mixing room, 60' spray booth & sand blasting booth which will be removed or could be purchased. Blue Star Drive will be resurfaced this summer/fall. Please do not talk to employees about sale of building. 3-phase electric and 240v. Pit for sand blast building could be used or filled in.

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.