C-2 Commercial Development
For Sale
Contact for pricing
523 525 551 Munson Ave Traverse, Traverse City, MI 49686
Three-lot commercial land assemblage with frontage, development plans, and multiple potential commercial configurations.
Property SizeContact for details
Days on Market59
Property Features for 523 525 551 Munson Ave Traverse
General Information
Standard status
Active
Property subtype
Other Land
Building Details
Year Built
1996
Listing Agency:
Coldwell Banker Commercial Schmidt Realtors
Listed By:
Dan Stiebel · License #6502352362
(231) 633-0432
Source:
Thebrokerlist
Added: Sep 4
Changed: Oct 26
Last Checked: Oct 30 at 10:27AM
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
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Investment Insights
Based on property information with market context.
This three-lot commercial land assemblage along Munson Ave totals 2.2 acres and includes 630 feet of frontage. The property is zoned C-2, with restrictions on brew pubs and gas stations. The front of 523 Munson is leased to Third Coast Bakery, while approximately 0.4 acres remains available for future development.
The rear portion of 523 Munson is planned for a 2,000-4,000 SF building that could accommodate office, medical, retail, or food service use. The additional parcels at 525 and 551 Munson total 1.54 acres and are identified for multi-family development. Positioned along Munson Ave/US-31 at the base of Old Mission Peninsula, the site is across from Munson Foster Family Care and approximately 2 miles from downtown Traverse City.
The rear portion of 523 Munson is planned for a 2,000-4,000 SF building that could accommodate office, medical, retail, or food service use. The additional parcels at 525 and 551 Munson total 1.54 acres and are identified for multi-family development. Positioned along Munson Ave/US-31 at the base of Old Mission Peninsula, the site is across from Munson Foster Family Care and approximately 2 miles from downtown Traverse City.
Key Highlights
- 2.2‑acre assemblage across 3 lots on Munson Ave
- 630' of frontage along Munson Ave
- C‑2 zoning with restrictions on brew pubs and gas stations
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
79k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Dining 20%
Hotels & Casinos 15%
Apparel 14%
Dollar Tree
Shops & Services
14,840 visits/mo
0.4 miles
Jo-Ann Fabric and Craft
Shops & Services
13,167 visits/mo
0.3 miles
Dunham's Sports
Apparel
11,093 visits/mo
0.4 miles
BIGGBY COFFEE
Dining
7,270 visits/mo
0.4 miles
Cambria Hotel Traverse City
Hotels & Casinos
6,208 visits/mo
0.4 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
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Commercial land - Three-lot commercial land assemblage with frontage, development plans, and multiple potential commercial configurations.
Where is this commercial land located?
The property is located at 523 525 551 Munson Ave Traverse Traverse City, MI.
What are key features of this property?
This property features: 2.2‑acre assemblage across 3 lots on Munson Ave; 630' of frontage along Munson Ave; C‑2 zoning with restrictions on brew pubs and gas stations
