Cannabis Properties
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Traverse City, MI Cannabis Properties for Sale

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Freestanding Cannabis Provisioning Center
Updated: Apr 11
Freestanding Cannabis Provisioning Center

314 Munson Avenue, Traverse City, MI 49686

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Municipally approved adult‑use cannabis provisioning center
Real estate and licenses included in the sale
Fully built‑out freestanding building
12 parking spaces and monument signage
Frontage on Munson Avenue with approximately 27,000 vehicles per day
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Cannabis Cultivation Facility
Updated: Apr 12
Cannabis Cultivation Facility

1020 Hastings St, Traverse City, MI 49686

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15,000‑square‑foot facility
Approved cannabis cultivation use
10‑foot ceiling heights
Located in an industrial park
12 approved Provisionary Centers within Traverse City
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Cannabis Cultivation Property
Cannabis Cultivation Property

728 Hastings, Traverse City, MI 49686

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Cannabis cultivation zoning is approved, with updated electrical service and office space planned for white-box delivery.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Cannabis Processing Facility
Cannabis Processing Facility

1874 E ELDER RD, Mancelona, MI 49659

Contact for pricing
2,560 sqft

Purpose-built operation includes processing infrastructure and large overhead doors.

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Cultivation Facility with Class C License
Cultivation Facility with Class C License

312 E Dresden St, Kalkaska, MI 49646

$469,999
0.92 AC lot

Operating adult-use cultivation facility with real estate and Class C license.

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Historic Storefront Building
Historic Storefront Building

106 Elm St, Kalkaska, MI 49646

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Historic commercial structure across from Railroad Square with potential for several cannabis-related uses.

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Cannabis Cultivation Land
Cannabis Cultivation Land

147 N County Line Rd NE, Mancelona, MI 49659

Contact for pricing

Outdoor cultivation acreage with three-phase electrical service and road access from both ends.

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Traverse City, MI Cannabis Properties Market Trends and Statistics

Explore 3 cannabis properties for sale in Traverse City, MI, showcased through 3 active listings on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Farms 9
Vineyards 4
Cannabis Properties 3

Demographics Overview

Population 78K
Population Growth (5Y) -35.5%
Median Household Income $78,889
College Educated 59.4%

Taxes & Financing

Tax Rate (average for all types) 4.34%
Property Tax per SF $71.64 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grand Traverse County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Grand Traverse County

Retail

Property Size Breakdown

The majority of commercial real estate listings in Traverse City fall within the 100,000+ square foot range.

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