Riverfront Commercial
New
For Sale
$1,350,000
520 & 530 WELLINGTON STREET, Traverse City, MI 49686
LAND - TRAVERSE CITY, MI
Property SizeContact for details
Days on Market2
Property Features for 520 & 530 WELLINGTON STREET
General Information
Property type
Land
Property subtype
Other
Subdivision
Traverse City
Standard status
Active
Listing Agency:
Coldwell Banker Schmidt Realtors - Traverse City 522 · Coldwell Banker Real Estate
(231) 929-2300
Listed By:
Dan Stiebel
Added: Aug 10
Last Checked: Aug 11 at 7:06PM
MLS# 1850056
Copyright © 2026 Coldwell Banker Schmidt REALTORS. 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 commercial land offering includes 2 tax parcels within Traverse City city limits, with 246 feet of frontage along the Boardman River. The property also contains 2 warehouse buildings that provide existing functional improvements while future development plans are considered.
Zoned D-2, the site is designated for a broad range of potential uses, including residential projects, condominiums, apartments, offices, retail, restaurants, manufacturing, parking structures, and theaters. The combination of river frontage, established warehouse improvements, and flexible development-district zoning creates a range of possible property configurations.
Zoned D-2, the site is designated for a broad range of potential uses, including residential projects, condominiums, apartments, offices, retail, restaurants, manufacturing, parking structures, and theaters. The combination of river frontage, established warehouse improvements, and flexible development-district zoning creates a range of possible property configurations.
Key Highlights
- 246' of frontage on the Boardman River
- D‑2 development district zoning
- 2 tax parcels included
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,993
Businesses Nearby
Explore this area
Business Placement
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 Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - D-2 zoning supports residential, office, retail, restaurant, manufacturing, and other commercial development options.
Where is this commercial land located?
The property is located at 520 & 530 WELLINGTON STREET Traverse City, MI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 246' of frontage on the Boardman River; D‑2 development district zoning; 2 tax parcels included
