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    Traverse City, MI
    Drug Store

    Traverse City, MI Drug Stores for Sale

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    Cedar, MI Williamsburg, MI Acme, MI Grawn, MI Suttons Bay, MI Interlochen, MI Kingsley, MI Maple City, MI
    Former Drug Store Building
    Updated: Jun 23, 2025
    Former Drug Store Building

    1104 E Front St, Traverse City, MI 49686

    $2,995,000
    12,554 sqft
    12,554‑square‑foot former drug store built in 2017
    C‑3, Community Center District zoning
    Intersection location at Front St. (US 31) and M‑37 (Garfield Ave.)
    Shared lot with Starbucks and Hungry Howie’s
    One mile east of downtown Traverse City; one half mile from three educational institutions
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Freestanding Drug Store with Drive-Through
    Freestanding Drug Store with Drive-Through

    5014 Clio Rd, Flint, MI 48504

    Contact for pricing
    11,100 sqft

    D-3-zoned retail building positioned at the Clio Road and Pierson Road intersection in Flint.

    View details
    Freestanding NNN Property with Drive-Through
    Freestanding NNN Property with Drive-Through

    1290 W Main St, Gaylord, MI 49735

    $3,570,000

    Pharmacy facility leased under an absolute NNN structure.

    View details
    Dollar Tree Drugstore
    Dollar Tree Drugstore

    3753 S Dort Hwy, Flint, MI 48507

    Contact for pricing

    Freestanding retail property with a 2023 prototype retrofit and Double Net lease structure.

    View details
    Former Drug Store Retail Building
    Former Drug Store Retail Building

    4562 W Houghton Lake Dr, Houghton Lake, MI 48629

    Contact for pricing
    11,440 sqft

    Former Rite Aid building offers ample parking on nearly one acre near major daily traffic on W Houghton Lake Rd.

    View details

    Off-Market Properties in Traverse City, MI

    Consider similar Off-Market properties in Traverse City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    916 Us Hwy 31st S
    DRUG STORE, PHARMACY

    916 Us Hwy 31st S, Traverse City, MI 49685-8019

    Estimated value:
    $400,000
    7,040 sqft 2.37 AC lot
    View details
    341 Frnt St
    DRUG STORE, PHARMACY

    341 Frnt St, Traverse City, MI 49684-2203

    Estimated value:
    $385,000
    1,142 sqft 0.49 AC lot
    View details

    Traverse City, MI Drug Stores Market Trends and Statistics

    Explore 3 drug stores for sale in Traverse City, MI on our real estate platform. These investment opportunities span a total of 12,554 square feet of properties for sale, with an estimated market value of $2,995,000.

    Sale prices for pharmacies in Traverse City, MI average $2,995,000 — 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

    Storefront properties 25
    Automotive properties 10
    Auto shops 7
    Showrooms 7
    Shopping centers 6

    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
    49686 $3M

    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)

    Property Size Breakdown

    The majority of commercial real estate listings in Traverse City fall within the 2,500 to 5,000 square foot range.

    How Realmo verifies these figures

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    Popular Searches in Traverse City, MI

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    Most Searched ZIP Codes in Traverse City, MI

    • 49686

    Featured Traverse City Real Estate Agencies

    Realmo connects you with licensed Traverse City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Re/max Bayshore Properties
    500 South Union St. Traverse City, MI 49684
    Phone: 12319415600
    Keller Williams Northern Michigan
    830 E. Front Street, Suite 110 Traverse City, MI
    Phone: 12319478200
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