Traverse City, MI Hospitality Properties for Sale

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Williamsburg, MI Grawn, MI Interlochen, MI

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$3,500,000

15,383 SF

Traverse City 40-Acre Estate

55 S Hope Ridge, Traverse City, MI 49696

40-acre Traverse City property ideal for residential or commercial ventures.

40‑acre property only 8 minutes from downtown Traverse City
Eight homes totaling over 16,000 square feet with capacity to hold over 80 guests
Four large barns suitable for various ventures
Ideal for destination wedding venue, retreat center, boutique resort, private school, or family compound
Blend of open fields and wooded privacy

Updated: Apr 30

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$3,500,000

10,404 SF

Four-Season Resort in Traverse City

6841 Brown Bridge Road, Traverse City, MI 49696

40-acre resort with lodging, dining, recreation, and event hosting.

40‑acre four‑season resort with 1,300 feet of private frontage on the Boardman River.
Diverse income streams from lodging, a 147‑seat full‑service restaurant with a liquor license, and event hosting.
Prime location in Traverse City, nestled in the Boardman Valley, surrounded by Pere Marquette State Forest, 16 miles from downtown.
On‑site recreational amenities including an underground heated swimming pool, two stocked trout ponds, and canoe/kayak/inner tube livery.
Established venue for weddings, conventions, and other events.

Updated: Sep 15, 2025

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$3,800,000

36.50 Acres

Northern Michigan Resort Opportunity

Own a resort near Traverse City with rental units.

2960 Arbutus Hill Road, Traverse City, MI 49696

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$2,300,000

8,062 SF

Grand Traverse Motel For Sale

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

1010 E Front Street, Traverse City, MI 49686

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$4,230,000

11,807 SF

Traverse City Bed & Breakfast

Legacy property with 9 bedrooms and carriage house apartments.

230 Wellington, Traverse City, MI 49686

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$250,000

2.69 Acres

Vacant Land Near Lake Leelanau

2.69 acres near Lake Leelanau, Traverse City, Michigan.

6785 Fouch Road, Traverse City, MI 49684

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$4,240,000

12,762 SF

Historic Traverse City Inn

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

230 Wellington St, Traverse City, MI 49686

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Based on your search, we've compiled 67 Potential Opportunities for your consideration. Besides 7 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.

$750,000

3,715 SF

Charming Cabin Resort Near Platte River

8-unit cabin resort near Sleeping Bear Dunes National Lakeshore.

11481 Main Street, Honor, MI 49640

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Iconic Leelanau County Investment Opportunity

$4,750,000

9,244 SF

Iconic Leelanau County Investment Opportunity

Profitable hotel with lake views and private lake frontage.

1757 N Manitou Trail, Leland, MI 49654

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Iconic Leelanau County Hotel Opportunity

$4,750,000

9,244 SF

Iconic Leelanau County Hotel Opportunity

Profitable hotel with lake views and private lake frontage.

1757 N Manitou Trail, Leland, MI 49654

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$750,000

5,000 SF

Turnkey Cabin Resort Near Sleeping Bear

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

11481 Main St, Honor, MI 49640

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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.

$1,148,000

1,864 SF

Prime Commercial Land, Traverse City

0.63 acre commercial parcel on US-31 in Traverse City.

1040 E Front Street, Traverse City, MI 49686

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$650,000

11.00 Acres

M-72 Commercial Land Available

11 acre commercial parcel on M-72 near Casino.

M-72, Williamsburg, MI 49690

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$75,000

80.00 Acres

80 Acres of Hunting Land

80-acre vacant land parcel perfect for hunting and recreation.

0 State Road, Kalkaska, MI 49646

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Contact for pricing

0.42 Acres

Land in Campers Village

Vacant land in a four-season recreational community.

HOTEL • 103,000 SF

Value Estimation by Request

300 State St, Traverse City, MI 49684-2517

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Traverse City, MI Hospitality Properties Investment Opportunities Market Analysis

Explore 59 hospitality properties for sale in Traverse City, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 58,418 square feet of properties for sale, with an estimated market value of $17,770,000.

Sale prices for hospitality properties in Traverse City, MI start at $2,300,000, averaging $3,554,000, 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

Property Size Breakdown

The majority of commercial real estate listings in Traverse City fall within the 100,000+ square foot range.

Demographics Overview

Population 78K

Population Growth (5Y) -35.5%

Median Household Income $78,889

College Educated 59.4%

High-Yield Neighborhoods for Strategic Investment

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

Neighborhood	Average Price
49684	$250K
49686	$3.6M
49696	$3.6M

Taxes & Financing

Tax Rate (average for all types) 4.34%

Property Tax per SF $71.64 per sq ft

Average Loan-to-Value 65.0%

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Traverse City, MI Hospitality Properties for Sale

Traverse City 40-Acre Estate

40-acre Traverse City property ideal for residential or commercial ventures.

Four-Season Resort in Traverse City

40-acre resort with lodging, dining, recreation, and event hosting.

Northern Michigan Resort Opportunity

Grand Traverse Motel For Sale

Traverse City Bed & Breakfast

Vacant Land Near Lake Leelanau

Historic Traverse City Inn

Opportunities in Nearby Cities

Charming Cabin Resort Near Platte River

Iconic Leelanau County Investment Opportunity

Iconic Leelanau County Hotel Opportunity

Turnkey Cabin Resort Near Sleeping Bear

Potential Development Sites for Consideration

Prime Commercial Land, Traverse City

M-72 Commercial Land Available

80 Acres of Hunting Land

Land in Campers Village

Off-Market Properties in Traverse City, MI

1465 Us Hwy 31st N

18599 Mission Rd

1 Northern Michigan

230 Wellington St

1773 Us Hwy 31st N

3575 Us Hwy 31st S

1566 Us Hwy 31st N

1582 Us Hwy 31st N

2211 Us Hwy 31st N

1614 Us Hwy 31st N

1942 Us Hwy 31st N

2227 Us Hwy 31st N

2300 Us Hwy 31st N

2215 Us Hwy 31st N

1489 Us Hwy 31st N

2345 Us Hwy 31st N

300 State St

Traverse City, MI Hospitality Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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