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Storefront Property with Parking
For Sale
$1,550,000

713 E Eighth Street, Traverse City, MI 49686

C-2 zoning supports retail, professional office, or creative studio use.

Property Size5,826 SF
Price / SF$968.75
Days on Market22

Property Features for 713 E Eighth Street

General Information

Standard status Active
Size 5,826 SF
Property subtype Retail
Zoning C-2

Additional Details

Floor 2
Traffic Count 14,000 vehicles/day

Amenities

off-street parking

Building Details

Building Size 5,826 SF
Year Built 1971
Buildings 1
Listing Agency: Coldwell Banker Schmidt Traverse City
Listed By: Scott Hardy · License #6501306294
Source: Cbcworldwide
Added: Sep 5 Changed: Sep 10 Last Checked: Sep 24 at 6:44AM

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 storefront property includes 5,826 square feet in a 1971-built commercial building. A 1,600-square-foot unit is currently vacant and provides space for a new occupant. The property is configured for flexible commercial use, including retail, professional office, and creative studio applications, with private off-street parking serving customers and staff.

The building fronts East 8th Street, identified as a primary commercial artery with a reported traffic count exceeding 14,000 vehicles per day. It sits within the 8th Street Corridor and the downtown core, where the surrounding area has received infrastructure upgrades and walkability improvements. C-2 zoning further supports the stated retail and office-oriented use options.

Key Highlights

  • 1,600 sq ft vacant unit available within the building
  • 5,826‑square‑foot commercial property built in 1971
  • Direct frontage on East 8th Street

Property Analytics

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Current Use

The Copy Shop Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Grocery & Convenience Store Locksmith Barber Shop HVAC Service Electrical Service Florist

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

14,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,242
Businesses Nearby
71k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 61% Groceries 20% Hotels & Casinos 12% Shops & Services 6%
McDonald's Dining
21,017 visits/mo 0.4 miles
Taco Bell Dining
14,633 visits/mo 0.4 miles
Family Fare Groceries
14,551 visits/mo 0.4 miles
Delamar Traverse City Hotels & Casinos
8,479 visits/mo 0.4 miles
KFC Dining
5,731 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Similar Off Market Nearby

  • Mourning Wreaths — 617 e state st, traverse city, mi 49686

Frequently Asked Questions

What type of property is this?
Storefront property - C-2 zoning supports retail, professional office, or creative studio use.
Where is this storefront property located?
The property is located at 713 E Eighth Street Traverse City, MI.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 1,600 sq ft vacant unit available within the building; 5,826‑square‑foot commercial property built in 1971; Direct frontage on East 8th Street
More about this property
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