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    Traverse City, MI
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    Traverse City, MI Grocery And Convenience Stores for Sale

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    Equipped Grocery and Convenience Store
    Updated: Sep 18
    Equipped Grocery and Convenience Store

    939 S US-31, Traverse City, MI 49685

    $5,000,000
    11,900 sqft 1.47 AC lot
    11,900‑square‑foot grocery and convenience retail property
    1.47‑acre site at 939 S US‑31, Traverse City, MI 49685
    Dedicated beer cave and walk‑in commercial refrigeration
    Facility updates completed in 2024
    DoorDash delivery integration
    View details
    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 60 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 54 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Freestanding Convenience Store
    Freestanding Convenience Store

    1375 W Bay Shore Drive, Suttons Bay, MI 49682

    $799,000
    3,187 sqft 1.65 AC lot

    Operating retail business with liquor and lottery licenses, parking, and included real estate.

    View details
    Freestanding Liquor and Convenience Store
    Freestanding Liquor and Convenience Store

    1375 S W Bay Shore Dr, Suttons Bay, MI 49682

    $799,000
    3,187 sqft

    Operating liquor and convenience store with private parking lot and included liquor and lottery licenses.

    View details
    Convenience Store with Apartment
    Convenience Store with Apartment

    2020 E 24 Road, Cadillac, MI 49601

    $350,000
    3,300 sqft 0.43 AC lot

    Operating convenience store with food service, updated equipment, and renovated residential quarters above.

    View details
    Iconic General Store with Renovated Apartment
    Iconic General Store with Renovated Apartment

    2020 E 24 Rd, Cadillac, MI 49601

    $350,000
    0.43 AC lot

    Established convenience store and restaurant with a renovated 4-bedroom apartment.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Parcel in Manton, Michigan
    Commercial Parcel in Manton, Michigan

    10103 E M 42, Manton, MI 49663

    $595,000
    5.00 AC lot

    5-acre commercial parcel with high visibility and traffic counts.

    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.

    1485 Ws Airport Rd
    CONVENIENCE STORE

    1485 Ws Airport Rd, Traverse City, MI 49686-4704

    Estimated value:
    $470,000
    7,680 sqft 0.95 AC lot
    View details
    144 Hall St
    GROCERY, SUPERMARKET

    144 Hall St, Traverse City, MI 49684-2282

    Estimated value:
    No data
    18,454 sqft 0.71 AC lot
    View details
    538 14th St
    CONVENIENCE STORE

    538 14th St, Traverse City, MI 49684-4051

    Estimated value:
    $380,000
    2,640 sqft 0.33 AC lot
    View details
    948 Us Hwy 31st S
    CONVENIENCE STORE

    948 Us Hwy 31st S, Traverse City, MI 49685-8038

    Estimated value:
    $440,000
    3,060 sqft 2.10 AC lot
    View details
    751 Woodmere Ave
    GROCERY, SUPERMARKET

    751 Woodmere Ave, Traverse City, MI 49686-3348

    Estimated value:
    $325,000
    5,059 sqft 0.22 AC lot
    View details
    717 Woodmere Ave
    GROCERY, SUPERMARKET

    717 Woodmere Ave, Traverse City, MI 49686-4280

    Estimated value:
    $370,000
    10,096 sqft 0.83 AC lot
    View details
    90 Us Hwy 31st S
    GROCERY, SUPERMARKET

    90 Us Hwy 31st S, Traverse City, MI 49685-7923

    Estimated value:
    $425,000
    9,875 sqft 0.98 AC lot
    View details
    2014 Us Hwy 31st N
    CONVENIENCE STORE

    2014 Us Hwy 31st N, Traverse City, MI 49686-3750

    Estimated value:
    $420,000
    2,816 sqft 0.83 AC lot
    View details
    2433 Us Hwy 31st S
    GROCERY, SUPERMARKET

    2433 Us Hwy 31st S, Traverse City, MI 49684-4520

    Estimated value:
    $745,000
    14,549 sqft 2.98 AC lot
    View details
    848 Us Hwy 31st S
    GROCERY, SUPERMARKET

    848 Us Hwy 31st S, Traverse City, MI 49685-8716

    Estimated value:
    $505,000
    14,770 sqft 6.00 AC lot
    View details
    2408 Us Hwy 31st S
    CONVENIENCE STORE

    2408 Us Hwy 31st S, Traverse City, MI 49684-4521

    Estimated value:
    $505,000
    2,550 sqft 2.88 AC lot
    View details
    1532 Us Hwy 31st N
    GROCERY, SUPERMARKET

    1532 Us Hwy 31st N, Traverse City, MI 49686-3740

    Estimated value:
    $300,000
    3,501 sqft 0.28 AC lot
    View details
    2525 Us Hwy 31st S
    CONVENIENCE STORE

    2525 Us Hwy 31st S, Traverse City, MI 49684-4522

    Estimated value:
    $505,000
    3,375 sqft 1.20 AC lot
    View details
    407 Un St
    GROCERY, SUPERMARKET

    407 Un St, Traverse City, MI 49684-2536

    Estimated value:
    $310,000
    4,287 sqft 0.19 AC lot
    View details
    1114 Un St
    CONVENIENCE STORE

    1114 Un St, Traverse City, MI 49684-3259

    Estimated value:
    $365,000
    1,740 sqft 0.42 AC lot
    View details
    456 Stadium Dr, Unit 13
    GROCERY, SUPERMARKET

    456 Stadium Dr, Traverse City, MI 49685-9702

    Unit 13
    Estimated value:
    $700,000
    12,880 sqft 4.72 AC lot
    View details
    1760 Northern Star Dr
    GROCERY, SUPERMARKET

    1760 Northern Star Dr, Traverse City, MI 49696-9242

    Estimated value:
    $480,000
    19,200 sqft 2.27 AC lot
    View details
    18250 Msn Rd
    GROCERY, SUPERMARKET

    18250 Msn Rd, Traverse City, MI 49686-8712

    Estimated value:
    $350,000
    1,924 sqft 0.92 AC lot
    View details
    9931 Long Lk Rd
    GROCERY, SUPERMARKET

    9931 Long Lk Rd, Traverse City, MI 49685-9635

    Estimated value:
    $350,000
    1,963 sqft 1.00 AC lot
    View details
    811 Lk Ave
    GROCERY, SUPERMARKET

    811 Lk Ave, Traverse City, MI 49684-3245

    Estimated value:
    $265,000
    1,869 sqft 0.15 AC lot
    View details
    807 Lk Ave
    GROCERY, SUPERMARKET

    807 Lk Ave, Traverse City, MI 49684-3268

    Estimated value:
    $325,000
    6,034 sqft 0.22 AC lot
    View details
    3140 Keystone N Rd
    GROCERY, SUPERMARKET

    3140 Keystone N Rd, Traverse City, MI 49686-8105

    Estimated value:
    $455,000
    6,488 sqft 1.07 AC lot
    View details
    2700 Holiday Rd
    CONVENIENCE STORE

    2700 Holiday Rd, Traverse City, MI 49686-3718

    Estimated value:
    $315,000
    2,271 sqft 0.16 AC lot
    View details

    Traverse City, MI Grocery And Convenience Stores Market Trends and Statistics

    Explore 55 grocery and convenience stores for sale in Traverse City, MI on our real estate platform. These investment opportunities span a total of 11,900 square feet of properties for sale, with an estimated market value of $5,000,000.

    Sale prices for supermarkets in Traverse City, MI average $5,000,000 — 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
    Shopping centers 9
    Auto shops 8
    Showrooms 7

    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 2,500 to 5,000 square foot range.

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    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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