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    601 Randolph St Traverse City, MI 49684

    For Sale
    $1,890,000

    Restaurant/Food Service,Retail Store,Service,Other - Traverse City, MI

    Property size:
    3,464 SF
    Lot size:
    0.06 Acres
    Days on Market:
    201
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 601 Randolph St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential,Multi-Family,Office,Retail,Commercial,Restaurant/Food
    Rooms
    Basement
    Parking
    4
    Basement Y/N
    1
    Size
    3,464 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Building materials
    Block, Brick
    Roof type
    Membrane
    Architectural style
    Other

    Key Realty One-TC (517) 827-2120 [email protected]

    Listing agent Tammy Jarvis (517) 827-2120

    Listing date May 29, 2025

    MLS# 1930733 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

    Historic Traverse City Building Opportunity

    This stand-alone brick building, dating back to the 1800s, is located at The West End Beach and includes a deeded scenic easement of West Bay. The property has a rich history, having housed Kauer's bar during prohibition and later Oryana Natural Foods. The main floor currently houses the Bay Bread Company, along with two one-bedroom apartments. The property is situated in a central location near shopping, dining, transportation, beaches, and festivals, making it suitable for both residential and business purposes. The property extends to the alley, providing two parking spots or the opportunity to build out more. The building offers 3464 square feet of space and sits on a 0.06-acre lot. This property is zoned for residential, multi-family, office, retail, commercial, and restaurant/food uses. This property is an investment opportunity to own a historic piece of Traverse City's past. Note that the listing is for the building and property only, and does not include the business or its equipment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bay Bread Company Restaurant

    Suggested Use

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

    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
    -85.633148530197
    Latitude
    44.767208264519

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    FAQs

    What type of property is this?
    Retail space - Unique property in prime location for business and residential use.
    Where is this retail space located?
    The property is located at 601 Randolph St Traverse City, MI.
    What is the asking price?
    The asking price for this property is $1,890,000.
    What are key features of this property?
    This property features: - Prime location in the heart of shopping, dining, transportation, beaches, and festivals.; - Historic stand-alone brick building with a rich history dating back to the 1800s.; - Deeded scenic easement of West Bay.
    (517) 827-2120
    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
    601 Randolph St Traverse City, MI 49684
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