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Commercial Land with Office Building
For Sale
$1,148,000

1026 - 1040 East Front Street Traverse, Traverse City, MI 49686

Three-lot commercial parcel combines vacant development land with an existing office improvement along US-31.

Property SizeContact for details
Days on Market195

Property Features for 1026 - 1040 East Front Street Traverse

General Information

Standard status Active
Property subtype Multifamily Land
Listing Agency: Three West LLC
Listed By: Kevin Endres · License #6505352968
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 2:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Three West LLC

Investment Insights

Based on property information with market context.

This commercial land offering spans three separate lots totaling 0.63 acres. Two lots are vacant, while the third includes an existing 1,864-square-foot office building on 0.25 acres. The vacant lots together comprise 0.38 acres, creating a mixed configuration of developable land and an established office improvement.

The property is positioned on US-31, the primary east-west corridor through the Grand Traverse Region. It sits just west of Garfield Avenue and East Front Street on the south side of East Front Street in Traverse City, Michigan. The corridor connects with the region’s beaches, wineries, breweries, restaurants, and outdoor destinations.

Key Highlights

  • Three separate commercial lots totaling 0.63 acres
  • Two vacant lots totaling 0.38 AC
  • Existing 1,864 SF office building on 0.25 AC

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Locksmith Carpet & Flooring Store Catering Service HVAC Service Barber Shop Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

739
Businesses Nearby

Demographics for 49686, MI

25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Three-lot commercial parcel combines vacant development land with an existing office improvement along US-31.
Where is this commercial land located?
The property is located at 1026 - 1040 East Front Street Traverse Traverse City, MI.
What is the asking price?
The asking price for this property is $1,148,000.
What are key features of this property?
This property features: Three separate commercial lots totaling 0.63 acres; Two vacant lots totaling 0.38 AC; Existing 1,864 SF office building on 0.25 AC
More about this property
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