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    Traverse City, MI Hospitality Properties for Sale

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    Four-Season Resort in Traverse City
    Updated: Sep 15, 2025
    Four-Season Resort in Traverse City

    6841 Brown Bridge Road, Traverse City, MI 49696

    $3,500,000
    10,404 sqft · 40.00 AC lot
    40‑acre resort in the Boardman Valley along the Boardman River with 1,300 ft of private river frontage
    15 motel units plus a private house
    Full‑service restaurant with seating for 147 guests and liquor license
    Event and group spaces include a 55‑person meeting room and a pavilion/game room for 113 people
    25 campsites with restroom/shower buildings and a canoe, kayak, and inner‑tube livery
    View details
    Multi-Family Property with Barns
    Updated: Apr 30
    Multi-Family Property with Barns

    55 S Hope Ridge, Traverse City, MI 49696

    $3,500,000
    15,383 sqft · 40.39 AC lot
    40‑acre property about 8 minutes from downtown Traverse City
    8 homes on site totaling over 16,000 SF plus 4 large barns
    Capacity to hold over 80 guests
    Multiple outdoor spaces including deck, patio, porch, and screened porch; countryside views and a pond
    Accessibility features include an accessible approach with ramp and handicap access
    View details
    Retreat and Wedding Venue Property
    Retreat and Wedding Venue Property

    55 S Hope Ridge, Traverse City, MI 49696

    $3,500,000
    16,208 sqft · 40.76 AC lot

    A 40-acre campus with multiple homes and barns, positioned about eight minutes from downtown for event and retreat uses.

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    Northern Michigan Resort Opportunity
    Northern Michigan Resort Opportunity

    2960 Arbutus Hill Road, Traverse City, MI 49696

    $3,800,000
    36.50 AC lot

    Own a resort near Traverse City with rental units.

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    Grand Traverse Motel For Sale
    Grand Traverse Motel For Sale

    1010 E Front Street, Traverse City, MI 49686

    $2,300,000
    8,062 sqft · 0.49 AC lot

    Well-located 18-room motel near downtown Traverse City.

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    Resort with Furnished Rental Units
    Resort with Furnished Rental Units

    Traverse City, MI 49696

    $3,800,000
    36.00 AC lot

    Own a fully furnished resort operation with 19 rental units and a four-bedroom residence on a nature preserve setting.

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    Historic Inn with Carriage House
    Historic Inn with Carriage House

    230 Wellington, Traverse City, MI 49686

    $3,995,000
    11,807 sqft · 0.51 AC lot

    Turnkey historic hospitality property with guest rooms, two apartment units, and retained stable space for events or expansion.

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    Historic Traverse City Bed & Breakfast
    Historic Traverse City Bed & Breakfast

    230 Wellington St, Traverse City, MI 49686

    $3,995,000
    11,807 sqft · 0.51 AC lot

    Turnkey bed and breakfast with neo-classic revival architecture.

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    Historic Traverse City Inn
    Historic Traverse City Inn

    230 Wellington St, Traverse City, MI 49686

    $3,995,000
    12,762 sqft

    Legacy property in Traverse City, a meticulously restored, successful Inn.

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    Based on your search, we've compiled 69 Potential Opportunities for your consideration. Besides 9 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 52 Off-Market properties to explore as potential leads, plus 4 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.

    Motel and Cafe with Apartment
    Motel and Cafe with Apartment

    7097 S Dunns Farm Road, Maple City, MI 49664

    $1,150,000
    4,957 sqft · 5.90 AC lot

    A newly updated 8-room motel plus an operating cafe, supported by on-site living and additional rental space.

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    Cabin Resort with River Access
    Cabin Resort with River Access

    11481 Main Street, Honor, MI 49640

    $750,000
    3,715 sqft · 4.98 AC lot

    8-cabin resort with private decks, WiFi, and direct Platte River access on nearly five acres.

    View details
    Historic Inn with Restaurant & B&B
    Historic Inn with Restaurant & B&B

    149 E Harbor Highway, Maple City, MI 49664

    $1,600,000
    7,500 sqft · 3.17 AC lot

    Turn-key Leelanau County landmark with restaurant, bar, and lodging.

    View details
    Turnkey Cabin Resort Near Sleeping Bear
    Turnkey Cabin Resort Near Sleeping Bear

    11481 Main St, Honor, MI 49640

    $750,000
    5,000 sqft · 10.00 AC lot

    Northern Michigan cabin resort with immediate income potential near Sleeping Bear.

    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 Development Parcel with Office
    Commercial Development Parcel with Office

    1040 E Front Street, Traverse City, MI 49686

    $1,148,000
    1,864 sqft · 0.63 AC lot

    0.63-acre parcel with two vacant lots and an existing office building, offering flexible options for development or reuse.

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    Commercial Development Land Parcel
    Commercial Development Land Parcel

    M-72, Williamsburg, MI 49690

    $650,000
    11.00 AC lot

    Development-ready commercial land on M-72 with utility access nearby and available engineering reports.

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    Waterfront Buildable Land
    Waterfront Buildable Land

    6785 Fouch Road, Traverse City, MI 49684

    $250,000
    2.69 AC lot

    Buildable waterfront lot with an existing pole building, paved drive, and utilities in place for a range of uses.

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    Forest Recreation Hunting Land Tract
    Forest Recreation Hunting Land Tract

    State Road, Kalkaska, MI 49646

    $65,000
    80.00 AC lot

    Eighty-acre forest-recreation parcel with wetland low ground and N Branch Boardman River frontage for outdoor recreation.

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    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.

    1465 Us Hwy 31st N
    MOTEL

    1465 Us Hwy 31st N, Traverse City, MI 49686-3636

    Value Estimation by Request
    5,312 sqft · 0.68 AC lot
    View details
    18599 Mission Rd
    Hotels

    18599 Mission Rd, Traverse City, MI 49686

    Value Estimation by Request
    View details
    1 Northern Michigan
    Hotels

    1 Northern Michigan, Traverse City, MI 49686

    Value Estimation by Request
    View details
    230 Wellington St
    Hotels

    230 Wellington St, Traverse City, MI 49686

    Value Estimation by Request
    12,762 sqft · 0.51 AC lot
    View details
    1773 Us Hwy 31st N
    MOTEL

    1773 Us Hwy 31st N, Traverse City, MI 49686-3743

    Value Estimation by Request
    720 sqft · 3.80 AC lot
    View details
    3575 Us Hwy 31st S
    HOTEL

    3575 Us Hwy 31st S, Traverse City, MI 49684-4500

    Value Estimation by Request
    243,935 sqft · 28.83 AC lot
    View details
    1566 Us Hwy 31st N
    MOTEL

    1566 Us Hwy 31st N, Traverse City, MI 49686-3740

    Value Estimation by Request
    2,266 sqft · 1.31 AC lot
    View details
    1582 Us Hwy 31st N
    MOTEL

    1582 Us Hwy 31st N, Traverse City, MI 49686-3740

    Value Estimation by Request
    18,444 sqft · 1.06 AC lot
    View details
    2211 Us Hwy 31st N
    HOTEL

    2211 Us Hwy 31st N, Traverse City, MI 49686-3753

    Value Estimation by Request
    14,280 sqft · 1.08 AC lot
    View details
    1614 Us Hwy 31st N
    MOTEL

    1614 Us Hwy 31st N, Traverse City, MI 49686-3742

    Value Estimation by Request
    22,428 sqft · 1.12 AC lot
    View details
    1942 Us Hwy 31st N
    HOTEL

    1942 Us Hwy 31st N, Traverse City, MI 49686-3748

    Value Estimation by Request
    3,990 sqft · 1.72 AC lot
    View details
    2227 Us Hwy 31st N
    HOTEL

    2227 Us Hwy 31st N, Traverse City, MI 49686-3753

    Value Estimation by Request
    4,424 sqft · 0.65 AC lot
    View details
    2300 Us Hwy 31st N
    MOTEL

    2300 Us Hwy 31st N, Traverse City, MI 49686-3756

    Value Estimation by Request
    9,488 sqft · 1.89 AC lot
    View details
    2215 Us Hwy 31st N
    HOTEL

    2215 Us Hwy 31st N, Traverse City, MI 49686-3753

    Value Estimation by Request
    13,302 sqft · 0.63 AC lot
    View details
    1489 Us Hwy 31st N
    MOTEL

    1489 Us Hwy 31st N, Traverse City, MI 49686-3636

    Value Estimation by Request
    16,221 sqft · 1.61 AC lot
    View details

    Traverse City, MI Hospitality Properties Market Trends and Statistics

    Explore 61 hospitality properties for sale in Traverse City, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 74,626 square feet of properties for sale, with an estimated market value of $21,035,000.

    Sale prices for hospitality properties in Traverse City, MI start at $2,300,000, averaging $3,505,833, and reaching up to $4,240,000 — 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

    Resorts 5
    Motels 3
    Bed & breakfasts 2
    Campgrounds 1
    Hotels 1

    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
    49684 $250K
    49686 $3.5M
    49696 $3.6M

    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

    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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    Most Searched ZIP Codes in Traverse City, MI

    • 49696
    • 49686

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