Traverse City, MI
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Operating Costs & Financing

    Average Loan-to-Value is 65.0%.

    Effective Property Tax $71.64 per sq ft
    Tax Rate (average for all types) 4.34%
    Avg Loan-to-Value 65.0%

    Property Size Breakdown

    Most commercial real estate listings in Traverse City range between 2,500 - 5,000 sqft.

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Traverse City.

    Leading Commercial Asset Segments

    Bars & Pubs 9
    Conventional restaurants 8
    Coffee shops 2
    Drive through restaurants 2
    Turn key restaurants 1

    Traverse City Demographics Overview

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

    Top Neighborhoods for Investment

    Discover the areas of Traverse City with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    49685 $149.9K - 2M $1.1M
    49686 $390K - 3M $1.7M
    49684 $502.2K - 5.5M $3M
    49696 $3.5M - 3.5M $3.5M

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings