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Live-Work Building with Parking Lot
For Sale
$975,000

1323 S Cass Street, Traverse City, MI 49684

Turnkey office with an ADA-compliant main level and furnished studio apartment above, plus a 16-space parking lot.

Property Size1,792 SF
Price / SF$544.08
Days on Market109

Property Features for 1323 S Cass Street

General Information

Standard status Active
Size 1,792 SF
Property subtype Mixed Use

Building Details

Year Built 2018
Listing Agency: Union St Tc
Listed By: Remax Bayshore
Source: Xome
Added: Apr 19 Changed: Jul 10 Last Checked: Jun 15 at 7:23AM

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 Union St Tc

Investment Insights

Based on property information with market context.

This live-work building offers a turnkey professional office on the main level and a renovated studio apartment above. The entire property was gut-renovated in 2018 down to the framing, with new electrical, plumbing, and flooring, and a second level added. The main floor is ADA compliant and currently configured for professional use with three treatment or private rooms, a half bath, and a reception area with a built-in wooden desk. The building is fully sprinklered with a fire alarm system, and it features a metal roof and metal siding, natural gas service, and an outdoor irrigation system.

The property includes outdoor space with a deck and views of Boardman Lake, along with a fenced outdoor area currently used as a fire pit space that could support additional client or tenant use. A digital outdoor sign is on site, and there is a fully accessible parking lot with 16 spaces on a second lot that is described as buildable. The building also has a grandfathered commercial status; the remarks note that similar professional uses such as medical, dental, legal, and wellness may be permitted, and buyers should confirm permitted use with the City of Traverse City prior to closing.

For an owner-occupant or tenant seeking a work-from-home setup, the combination of an operational office and a move-in or rental-ready furnished studio apartment creates a practical live-work arrangement. The second dwelling is noted as permitted, and the remarks indicate potential for two duplexes on the additional lot, subject to required approvals and verification.

Key Highlights

  • 1,792 sq ft live/work building (2018) with 896 sq ft ADA‑compliant professional office on the main level
  • Fully sprinklered with fire alarm system; metal roof and metal siding
  • Fully renovated studio apartment above (896 sq ft) furnished and move‑in or rental ready; in‑floor radiant heat

Property Analytics

Current Use

True Health Chiropractic, ... Alternative Medicine Practice True Health Massage Alternative Medicine Practice Biddinger, Schrot & Rolando, ... Law Firm

Suggested Use

Top Pick Dental Office HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Florist Butcher

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

2,102
Businesses Nearby

Demographics for 49684, MI

22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
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?
Live-work space - Turnkey office with an ADA-compliant main level and furnished studio apartment above, plus a 16-space parking lot.
Where is this live-work space located?
The property is located at 1323 S Cass Street Traverse City, MI.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 1,792 sq ft live/work building (2018) with 896 sq ft ADA‑compliant professional office on the main level; Fully sprinklered with fire alarm system; metal roof and metal siding; Fully renovated studio apartment above (896 sq ft) furnished and move‑in or rental ready; in‑floor radiant heat
More about this property
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