Traverse City, MI Commercial Land for Sale

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Grawn, MI Cedar, MI Williamsburg, MI

40 properties

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Updated: May 6

Commercial Land Parcel with Wetland Buffer

2051 N Garfield Road, Traverse City, MI 49686

$1,200,000

14.70 AC lot

Parcel located near the corner of N Garfield Rd and Hammond
Utilities access is already in place
Land features a mix of open space and wooded coverage
Natural wetland buffer provides separation from adjacent areas
Access and traffic are along Garfield Rd, just east of Hammond

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Updated: Apr 17

Ready-to-Build Regional Business Land

1818 N US-31, Traverse City, MI 49686

$575,000

0.76 AC lot

Vacant, ready‑to‑build parcel in East Bay Township’s “Miracle Mile” area
Zoned Regional Business with flexibility for commercial, residential, or mixed‑use development (per allowable uses on file)
Direct access to the TART Trail on the south side
Sidewalks along the property and cable service available
Location between Green Mitt Car Wash (east) and Dairy Queen (west)

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Industrial-Commercial Pad Site with Zoning

1448-1456 Trade Centre Drive lot: F, Traverse City, MI 49684

$250,000

0.37 AC lot

High-exposure pad site with an approved building envelope for light industrial and select retail uses.

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Commercial Land with Scenic Views

1202 N US-31, Traverse City, MI 49685

$149,900

0.85 AC lot

High-visibility parcel off US-31 with strong scenic potential and Office (C-O) use references to review with township.

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Corner Development Lot with Utilities

S Whispering Hills Drive, Traverse City, MI 49684

$49,000

0.87 AC lot

Flat corner lot on a paved road with nearby public water access and zoning flexibility for multiple residential or commercial uses.

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Level Commercial Land Parcel

Chartwell Drive, Traverse City, MI 49696

$69,000

1.22 AC lot

Over an acre of commercial land with municipal water and sewer, suited for a range of commercial developments.

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Zoned Regional Business Development Land

1470 US-31 N, Traverse City, MI 49686

$499,000

1,000 sqft · 0.66 AC lot

0.66-acre commercial land zoned Regional Business with existing cabins and storage for office, retail, or rentals.

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Commercially Zoned Vacant Land Parcel

Chartwell Drive, Traverse City, MI 49696

$81,000

1.43 AC lot

Level vacant commercial parcel with municipal utilities available and public road access for your planned development.

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Retail Building Site in Traverse

Traverse City, MI 49684

$790,000

1.18 AC lot

1.18 acre retail building site in major shopping destination.

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Commercial Land with Road Frontage

2860 S M-37, Traverse City, MI 49685

$599,500

4.24 AC lot

Level, sandy 4.25-acre site with municipal water and dual Commercial/Industrial zoning for multiple business uses.

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Level Commercial Development Lot

1-Unit 1 Lafranier Rd, Traverse City, MI 49686

$185,000

1.00 AC lot

A level commercial lot in Traverse City suited for retail, office, service, or mixed-use development.

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Commercial Land Parcel

V/L Zimmerman Road, Traverse City, MI 49685

$145,000

1.48 AC lot

1.48-acre commercial land with municipal water and sewer, supporting a range of office, medical, service, and retail uses under PUD zoning.

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Commercial Development Parcel

1026-1028 E Front Street, Traverse City, MI 49686

$399,000

0.38 AC lot

Two-lot commercial parcel on US-31, offering development flexibility near downtown Traverse City.

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Commercial Development Land Parcel

1026-1028 E Front Street, Traverse City, MI 49686

$399,000

0.38 AC lot

Zoned commercial parcel with two separate lots, positioned along a major east-west corridor for flexible development planning.

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Commercial Parcel on US-31

1026-1028 E Front St, Traverse City, MI 49686

$399,000

0.38 AC lot

0.38 Acre commercial parcel at the gateway to downtown.

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Approved Office Development Pad

4130 Copper Vw, Traverse City, MI 49684

$1,495,000

30,000 sqft

Site is approved for a 30,000 sf office building with basement parking garage to support a planned professional campus.

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Development Parcel with Transit Access

520 Railroad Avenue, Traverse City, MI 49686

$1,575,000

1.46 AC lot

1.46-acre site in Traverse City with ready-to-build status, two parcels, and convenient street and trail access.

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Commercial Land with Highway Exposure

Traverse City, MI 49685

$149,900

0.85 AC lot

Land with high traffic count and commercial potential.

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Commercial Land Near Traverse City

N Long Lake Road, Traverse City, MI 49684

$249,000

1 sqft

1.18-acre commercial land with high visibility and accessibility.

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Commercially Zoned Land Parcel

Traverse City, MI 49696

$81,000

1.43 AC lot

A level, road-accessible commercial acreage with municipal utilities available for new development planning.

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Corner Commercial Land Near Airport

Mitten Drive, Traverse City, MI 49686

$1,150,000

1.74 AC lot

Prime commercial land near Cherry Capital Airport and Costco.

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Approved Retail/Office Development Pad

Eastern Sky Drive, Traverse City, MI 49684

$750,000

18,000 sqft

Commercial land with approval for an 18,000 SF retail/office building and a basement parking garage.

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Approved Office Pad in Professional Center

4240 Copper View, Traverse City, MI 49684

$1,495,000

30,000 sqft

Land parcel approved for a 30,000-square-foot office building with a basement parking garage.

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Approved Office Development Pad

4130 Copper View, Traverse City, MI 49684

$1,495,000

30,000 sqft

Land parcel approved for a 30,000 SF office building with basement parking garage.

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Traverse City, MI Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Traverse City, MI, showcased through 40 active listings on our real estate platform. These investment opportunities span a total of 138,317 square feet of properties for sale, with an estimated market value of $13,181,000.

Sale prices for commercial lots in Traverse City, MI start at $249,000, averaging $1,318,100, and reaching up to $2,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 78K

Population Growth (5Y) -35.5%

Median Household Income $78,889

College Educated 59.4%

High-Yield Neighborhoods for Investment

Identify Traverse City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49685	$403.2K
49684	$547K
49696	$932.8K
49686	$1.1M

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

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