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Waterfront Retail Building
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2155 Us-31 N, Traverse City, MI 49686

Large waterfront retail building with 175' sandy beach frontage and a large overhead garage door.

Property SizeContact for details
Days on Market122

Property Features for 2155 Us-31 N

General Information

Standard status Active
Property subtype Retail
Listing Agency: Coldwell Banker Commercial Schmidt, Realtors Traverse City
Listed By: Mark Hagan · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 1:46PM

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 Coldwell Banker Commercial Schmidt, Realtors Traverse City

Investment Insights

Based on property information with market context.

This waterfront commercial building offers approximately 7,722 square feet of interior space and direct, uninterrupted views of East Grand Traverse Bay. The property includes a spacious deck with a gazebo, a large overhead garage door, and extensive storage/office space. There are also five-stall bathrooms to support day-to-day operations.

Access is off US-31 north in Traverse City, just past N Four Mile Road, with the site located on the left when heading north from downtown. The property has an on-site parking lot and offers visibility along US-31.

With 175 feet of sandy beach frontage and versatile layout, the building has been described as suitable for a range of business plans, including hospitality service, condo development, and retail.

Key Highlights

  • 175' of sandy beach frontage on East Grand Traverse Bay with uninterrupted water views
  • 7722 SF interior space with full, uninterrupted views of the water vista
  • Overhead garage door plus a spacious deck with gazebo for outdoor waterfront use

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Auto Parts Store Law Firm Hair Salon Pharmacy

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

159
Businesses Nearby
51k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Dining 46% Hotels & Casinos 4%
Speedway Shops & Services
23,617 visits/mo 0.1 miles
Burger King Dining
16,393 visits/mo 0.4 miles
Bob Evans Restaurant Dining
7,108 visits/mo 0.2 miles
Fifth Third Bank & ATM Shops & Services
2,459 visits/mo 0.3 miles
Days Inn & Suites Traverse City Hotels & Casinos
1,830 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Large waterfront retail building with 175' sandy beach frontage and a large overhead garage door.
Where is this waterfront land located?
The property is located at 2155 Us-31 N Traverse City, MI.
What are key features of this property?
This property features: 175' of sandy beach frontage on East Grand Traverse Bay with uninterrupted water views; 7722 SF interior space with full, uninterrupted views of the water vista; Overhead garage door plus a spacious deck with gazebo for outdoor waterfront use
More about this property
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