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    1230 S M-37 Traverse City, MI 49685

    For Sale
    $765,000

    Manufacture/Warehouse,Retail Store,Service - Traverse City, MI

    Property size:
    8,500 SF
    Lot size:
    2.00 Acres
    Days on Market:
    173
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 1230 S M-37

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Industrial,Retail,Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    8,500 SF
    Lot size
    2.00 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1984
    Roof type
    Metal
    Architectural style
    Other

    James A Schmuckal, REALTOR (231) 620-2260 [email protected]

    Listing agent James Schmuckal (231) 620-2260

    Listing date Jun 25, 2025

    MLS# 1933213 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial/Industrial Building, Traverse City

    This 8,500 square foot building in Traverse City, MI, is suitable for various commercial, wholesale, service, and industrial uses. The property features offices, a showroom area, a shop, and warehouse space. It includes two bathrooms and multiple 14-foot overhead doors, with 16-foot sidewalls. Heating is provided by DTE. The property currently utilizes a water well and septic system, but municipal water and sewer connections are available upon payment of benefit charges. Situated on a 2-acre lot, the property is zoned C/M Commercial/Industrial and offers highway visibility, located adjacent to the rear of Menards. The building's design is adaptable for retail, wholesale, or industrial operations. Possession is negotiable as the current business will be relocating.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.657044
    Latitude
    44.666793

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    FAQs

    What type of property is this?
    Warehouse - 8,500 SF building suitable for commercial, retail, or industrial uses.
    Where is this warehouse located?
    The property is located at 1230 S M-37 Traverse City, MI.
    What is the asking price?
    The asking price for this property is $765,000.
    What are key features of this property?
    This property features: - High highway visibility and adjacent to Menards.; - 8,500 sq ft building suitable for commercial, wholesale, service, and industrial uses.; - Zoned C/M Commercial/Industrial.
    (231) 620-2260
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1230 S M-37 Traverse City, MI 49685
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