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C-2 Commercial Development Site
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523 Munson Ave, Traverse City, MI 49686

Planned commercial space offers a build-to-suit format for office, medical, retail, or other approved commercial uses.

Space SizeContact for details
Days on Market2

Property Features for 523 Munson Ave

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2027
Listing Agency: Coldwell Banker Schmidt Traverse City
Listed By: Daniel J Stiebel · License #6502352362
Source: Elliman
Added: Sep 4 Last Checked: Sep 4 at 2:47PM

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 Schmidt Traverse City

Investment Insights

Based on property information with market context.

This C-2-zoned commercial land is planned for a new building on approximately 0.3–0.4 acres at 523 Munson Ave in Traverse City. The proposed structure is expected to contain 1,000–4,000 square feet and is identified for office, medical, retail, or other commercial occupancy, with construction scheduled for 2027.

An adjoining 1.5 acres is also available for consideration and may accommodate additional buildings or multifamily development. The property supports build-to-suit, land lease, sale, or joint-venture structures. The site recorded an AADT of 26,049 vehicles in 2025. C-2 zoning applies, with brew pubs and gas stations excluded.

Key Highlights

  • Approximately 0.3–0.4 acres planned for commercial development
  • Proposed 1,000–4,000 SF building with 2027 construction designation
  • Office, medical, retail, and commercial development concepts identified

Property Analytics

Current Use

Third Coast Bakery Bakery

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

445
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Planned commercial space offers a build-to-suit format for office, medical, retail, or other approved commercial uses.
Where is this commercial land located?
The property is located at 523 Munson Ave Traverse City, MI.
What are key features of this property?
This property features: Approximately 0.3–0.4 acres planned for commercial development; Proposed 1,000–4,000 SF building with 2027 construction designation; Office, medical, retail, and commercial development concepts identified
More about this property
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