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Commercial Land with Existing Office
For Sale
Under Contract
$1,148,000

1040 E Front Street, Traverse City, MI 49686

COMMERCIAL - Traverse City, MI

Property Size1,864 SF
Lot Size0.63 Acres
Price / SF$615.88
Days on Market1067

Property Features for 1040 E Front Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Office, Retail, Commercial, Restaurant/Food, Motel/Hotel
Parking features Parking Lot
Exterior features Brick
Lot features Inside Lot, Freestanding
Directions South side of E Front St between Garfield Ave and Gilbert Ave.
Subdivision Grand Traverse
Standard status Active Under Contract
Size 1,864 SF
Lot size 0.63 Acres

Taxes and HOA fees

Tax Description 1040-LOT 6 EDNA PARK ADD 1028-LOT 7 EDNA PARK ADD 1026-E 1/2 OF LOT 8 EDNA PARK ADD
Legal Description 1040-LOT 6 EDNA PARK ADD 1028-LOT 7 EDNA PARK ADD 1026-E 1/2 OF LOT 8 EDNA PARK ADD

Building Details

Building materials Frame
Roof type Asphalt
Listing Agency: Three West, LLC
Listed By: Kevin Endres · License #6505352968
Added: Sep 5, 2023 Changed: Aug 4 Last Checked: Aug 6 at 4:06AM
MLS# 1915323

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This offering is a 0.63-acre commercial parcel consisting of three separate lots: two vacant lots and one lot with an existing office building that remains on-site. The property includes an existing office building totaling 1,864 square feet.

The parcel is located on US-31 at the gateway to downtown Traverse City, along the main east-west corridor through the Grand Traverse region.

The property is also structured for flexibility, with an adjacent property available for sale for an additional 1.25 acres, which can be combined with this offering for a larger development piece.

Key Highlights

  • 0.63‑acre commercial parcel on US‑31 near downtown Traverse City
  • Parcel includes three separate lots: two vacant lots plus one lot with an existing office building remaining
  • Includes an approximately 1,864 SF office building

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Carpet & Flooring Store Locksmith HVAC Service Parking Lot & Garage Catering Service Barber Shop

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

880
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 0.63-acre parcel with three lots, including an existing office building and two vacant lots on US-31.
Where is this commercial land located?
The property is located at 1040 E Front Street 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: 0.63‑acre commercial parcel on US‑31 near downtown Traverse City; Parcel includes three separate lots: two vacant lots plus one lot with an existing office building remaining; Includes an approximately 1,864 SF office building
More about this property
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