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    144 Hall St Traverse City, MI 49684

    For Sale
    $2,950,000

    Retail Store,Other - Traverse City, MI

    Property size:
    18,454 SF
    Lot size:
    0.72 Acres
    Days on Market:
    115
    Last Refresh:
    Dec 13 at 11:06 pm

    Property Features for 144 Hall St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    Parking
    18
    Basement Y/N
    1
    Size
    18,454 SF
    Lot size
    0.72 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1926
    Building materials
    Block
    Roof type
    Other
    Architectural style
    Other

    Re/max Bayshore Properties (231) 941-5600 [email protected]

    Listing agent Thomas Corbett (231) 941-4500

    Listing date Aug 21, 2025

    MLS# 1937780 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

    Warehouse MRKT Investment Opportunity

    This Traverse City property, known as the Warehouse MRKT building, is located in the Warehouse District. The building features an industrial design and houses 9 established tenants in a multi-tenant rental model. The property has high ceilings, exposed beams, and an open floor plan. The property is suitable for expanding the existing marketplace, establishing a retail concept, or mixed-use redevelopment. The property is situated on a 0.72-acre lot and includes on-site parking. The building has a total area of 18454 square feet. The property is zoned for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Water Bearer Coffee Coffee Shop The Refillery Traverse City Store Handz On Art - Paint ... Painting Studio Waara Technologies Home Automation Company Hexenbelle Cafe

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.627037
    Latitude
    44.765335

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    FAQs

    What type of property is this?
    Neighborhood center - Iconic Traverse City retail property with multi-tenant rental model.
    Where is this neighborhood center located?
    The property is located at 144 Hall St Traverse City, MI.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: - Prime location in Traverse City's thriving Warehouse District.; - Established multi-tenant rental model with 9 tenants.; - Adaptable open floor plan with soaring ceilings and exposed beams.
    (231) 941-4500
    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
    144 Hall St Traverse City, MI 49684
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