Traverse City, MI Commercial Real Estate for Sale

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229 properties

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Updated: Aug 24

Four-Tenant NNN Commercial Property

2751 N US-31 S, Traverse City, MI 49684

$2,390,000

13,550 sqft 1.28 AC lot

13,550‑square‑foot commercial property on 1.28 acres
Fully occupied by four tenants
True triple‑net leases with annual rent increases
Located on US‑31 in Garfield Township
Adjacent to Red Lobster and across from Chick‑fil‑A

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Updated: Sep 23

Boardman Riverfront Resort

6841 Brown Bridge Road, Traverse City, MI 49696

$2,950,000

10,404 sqft 40.00 AC lot

40‑acre resort with 15 motel units and a private house
Restaurant seats 147 and includes a liquor license
25 campsites with restroom and shower buildings
1,300 feet of private Boardman River frontage
Meeting room for 55 and pavilion/game room for 113

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Stand-Alone NNN Storefront

3301 W S Airport Road, Traverse City, MI 49684

$1,200,000

4,992 sqft 0.95 AC lot

Stand-alone retail building with NNN leases, parking, and positioning across from a Grand Traverse Mall entrance.

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Single-Story Office Building

Traverse City, MI 49686

$875,000

5,000 sqft 4.55 AC lot

Single-story log-sided office building with vaulted gathering room, private offices, kitchen, and ample paved parking.

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Flex Property with Warehouse Areas

876 Robinwood Court, Traverse City, MI 49686

$550,000

4,568 sqft 0.35 AC lot

I-G zoning supports mixed-use industrial and live/work applications.

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Log-Sided Office Building

1499 Business Park Drive, Traverse City, MI 49686

$875,000

5,000 sqft 4.55 AC lot

Single-story office property with private rooms, a full kitchen, flexible gathering areas, and paved on-site parking.

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Burger King Drive-Through Restaurant

2500 Crossing Circle, Traverse City, MI 49684

$2,000,000

3,618 sqft 1.36 AC lot

Single-tenant restaurant with a new long-term NNN lease and dedicated parking lot.

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Riverfront Resort with Lodging

Traverse City, MI 49696

$2,950,000

10,404 sqft 40.00 AC lot

Lodging, dining, camping, recreation, and event facilities operate within a single resort property.

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Office Units with Private Offices

101 Park Street, Traverse City, MI 49684

$2,200,000

6,028 sqft

Flexible office configuration includes private rooms, open workspace, and controlled building access.

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Flex Space with Loading Dock

3733 Blair Townhall Road, Traverse City, MI 49685

$1,200,000

12,020 sqft 2.38 AC lot

CM-zoned commercial manufacturing facility with office areas, yard space, and truck access.

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Retail Storefront with Back-of-House Space

2021 W South Airport Rd, Traverse City, MI 49686

$1,350,000

5,095 sqft

The property carries C-O FFICE zoning and is subject to a short-term lease.

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Retail Building with Beer Cave

939 S US-31, Traverse City, MI 49685

$5,000,000

11,900 sqft 1.47 AC lot

Retail space along the US-31 corridor includes on-site parking and dedicated cold-storage features.

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Remodeled Live-Work Space

2530 N Three Mile Road, Traverse City, MI 49686

$635,000

1,879 sqft 1.40 AC lot

Remodeled property supports commercial or residential use and includes a garage and parking lot.

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NNN Retail Property with Two Units

Traverse City, MI 49684

$1,200,000

5,000 sqft

Stand-alone commercial property across from a Grand Traverse Mall entrance, surrounded by national tenants and ongoing development.

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Auto Glass Service Business

1103 S Union Street, Traverse City, MI 49684

$800,000

1,036 sqft 0.10 AC lot

Operating automotive glass business with mobile service and ADAS calibration capabilities.

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Industrial Building with Overhead Doors

1416 Industry Drive, Traverse City, MI 49696

$995,000

9,720 sqft 1.26 AC lot

Steel industrial facility with dedicated electrical service, two bathrooms, and a parking lot within Hammond Industrial Centre.

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Warehouse Office Flex Building

Traverse City, MI 49686

$775,000

10,480 sqft

Versatile warehouse and office layout with an indoor loading dock, 10 private offices, and dedicated shower plus laundry hookups.

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Office Building with Bay Views

424 E Front Street, Traverse City, MI 49686

$1,295,000

2,538 sqft 0.19 AC lot

C-4B zoning supports office, retail, residential, condominium, and restaurant uses, subject to city approval.

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Storefront Property with Parking

713 E Eighth Street, Traverse City, MI 49686

$1,550,000

1,600 sqft

C-2 zoning supports retail, professional office, or creative studio use.

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Nursing Home with Staff Residence

5840 Culver Road, Traverse City, MI 49685

$895,000

5,545 sqft 1.00 AC lot

Former care facility with accessible bathing areas, private bedrooms, and separate on-site living quarters.

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Office Units with Water Views

200-101 Park St, Traverse City, MI 49684

$2,200,000

6,028 sqft

Flexible professional suite with private offices, adaptable open space, and multiple access-control options.

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Live-Work Property with Office

1323 S Cass Street, Traverse City, MI 49684

$849,000

1,792 sqft 0.28 AC lot

Professional workspace paired with a furnished studio residence and dedicated parking lot near Boardman Lake amenities.

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Office Building with Private Parking

424 E Front Street, Traverse City, MI 49686

$1,295,000

2,538 sqft

C-4B zoning supports office, retail, and restaurant uses, subject to city approval.

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Flex Space with Garage

1393 Industry Drive, Traverse City, MI 49696

$649,000

5,150 sqft 0.37 AC lot

Office, storage, and vehicle-access areas are combined within one commercial property.

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Traverse City, MI Commercial Real Estate Market Trends and Statistics

Explore 229 commercial real estate for sale in Traverse City, MI, showcased through 229 active listings on our real estate platform. These investment opportunities span a total of 1,009,630 square feet of properties for sale, with an estimated market value of $220,563,952.

Sale prices for business properties in Traverse City, MI start at $49,000, averaging $1,030,672, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Traverse City, MI CRE market trends — vacancy, lease rates and price per SF, updated monthly

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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
Grawn - 49637	$78.9K
Traverse City - 49684	$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 Office pricing trends in Grand Traverse County

Office

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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