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    551 Garfield Rd S Traverse City, MI 49686

    For Sale
    $285,000

    Medical/Dental,Office Building - Traverse City, MI

    Property size:
    1,542 SF
    Lot size:
    1.27 Acres
    Days on Market:
    160
    Last Refresh:
    Dec 14 at 8:06 pm

    Property Features for 551 Garfield Rd S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement, Bathroom 1, Bathroom 2
    Bathrooms
    2
    Basement Y/N
    1
    Size
    1,542 SF
    Lot size
    1.27 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1993
    Roof type
    Asphalt
    Architectural style
    Other

    Viewpoint Realty (231) 943-6145 [email protected]

    Listing agent Matthew Geib (231) 943-6145

    Listing date Jul 8, 2025

    MLS# 1936088 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

    Traverse City Office Building

    This well-maintained office space in Traverse City, MI, is suited for a dental-related practice, such as an endodontist or pediatric dentist, and can include existing dental equipment. It is also well-suited for other medical professionals, such as an allergist, dermatologist, or optometrist. The functional layout features three exam rooms, a consultation room, a welcoming reception area with a built-in desk, a waiting room, and dedicated lab space. It is fully plumbed with air, water, vacuum, and nitrous lines throughout the treatment areas. Additional highlights include a private office with a private restroom, a spacious handicap-accessible restroom for patients, and a staff breakroom. The building has a commercial zoning and a total living area of 1542 square feet on a 1.27-acre lot. It is ideal for a new or expanding practice looking for a turnkey opportunity.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Building Supply Wholesale Shop Gym & Fitness Storage Facility HVAC Service Accounting Firm Discount Store Electronics Store Home Appliance Store

    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
    -85.594270136858
    Latitude
    44.75688368305

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    FAQs

    What type of property is this?
    Medical office - Well-maintained office space suited for medical or dental practice.
    Where is this medical office located?
    The property is located at 551 Garfield Rd S Traverse City, MI.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Move-in ready office space ideal for dental or other medical practices.; - Includes existing dental equipment (optional).; - Functional layout featuring three exam rooms, consultation room, reception area, waiting room, and lab space.
    (231) 943-6145
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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
    551 Garfield Rd S Traverse City, MI 49686
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