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    Traverse City, MI
    Live - Work Space

    Traverse City, MI Live-work Space for Sale

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    Cedar, MI Williamsburg, MI Acme, MI Grawn, MI Suttons Bay, MI Interlochen, MI Kingsley, MI Maple City, MI
    Remodeled Live-Work Space
    Updated: Aug 24
    Remodeled Live-Work Space

    2530 N Three Mile Road, Traverse City, MI 49686

    $635,000
    1,879 sqft 1.40 AC lot
    1,879‑square‑foot remodeled live‑work property
    Commercial or residential use is supported
    Large garage and on‑site parking lot
    1.4‑acre parcel at 2530 N Three Mile Road
    Frame construction with vinyl exterior
    View details
    Live-Work Property with Office
    Updated: May 7
    Live-Work Property with Office

    1323 S Cass Street, Traverse City, MI 49684

    $875,000
    1,792 sqft 0.28 AC lot
    1,792‑square‑foot building with office space and an upper‑level studio apartment
    896‑square‑foot ADA‑compliant office floor with three treatment or private rooms
    Fully renovated 896‑square‑foot studio with furnishings and equipped kitchen
    Separate 16‑space parking lot is buildable; a second dwelling is permitted
    Metal roof, fire alarm, sprinkler system, natural gas, irrigation, and digital outdoor sign
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with Storefront
    Mixed-Use Property with Storefront

    201 State Street, Luther, MI 49656

    $240,000
    3,670 sqft 0.10 AC lot

    Storefront space is paired with residential quarters, central air, loft-style bedrooms, and a large garage suited to business or personal use.

    View details
    Live-Work Commercial Property
    Live-Work Commercial Property

    6074 Rapid City Rd NW, Rapid City, MI 49676

    $274,900
    1,536 sqft

    Former kennel building with office, reception, bath and laundry, plus a 900+SF two-bedroom residence.

    View details
    Live-Work Property with Residence
    Live-Work Property with Residence

    6704 Rapid City Road NW, Rapid City, MI 49676

    $274,900
    1,536 sqft 5.06 AC lot

    Commercially zoned property combines an office-oriented building with an on-site two-bedroom residence and shared private water service.

    View details
    Versatile Commercial Property with Living Space
    Versatile Commercial Property with Living Space

    201 State Street, Luther, MI 49656

    Contact for pricing
    3,670 sqft

    Unique live/work property with storefront, residential quarters, and large garage.

    View details

    Off-Market Properties in Traverse City, MI

    Consider similar Off-Market properties in Traverse City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2000 Chartwell Dr
    OFFICE/RESIDENTIAL (MIXED USE)

    2000 Chartwell Dr, Traverse City, MI 49696-9372

    Estimated value:
    $435,000
    7,528 sqft 1.38 AC lot
    View details
    2000 Chartwell Dr
    OFFICE/RESIDENTIAL (MIXED USE)

    2000 Chartwell Dr, Traverse City, MI 49696-9372

    Estimated value:
    $430,000
    7,528 sqft 1.38 AC lot
    View details

    Traverse City, MI Live-Work Space Market Trends and Statistics

    Explore 4 live-work space for sale in Traverse City, MI on our real estate platform. These investment opportunities span a total of 3,671 square feet of properties for sale, with an estimated market value of $1,510,000.

    Sale prices for live-work properties in Traverse City, MI start at $635,000, averaging $755,000, and reaching up to $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 161
    Office buildings 24
    Medical Office Space 6
    Coworking space 1

    Demographics Overview

    Population 78K
    Population Growth (5Y) -35.5%
    Median Household Income $78,889
    College Educated 59.4%

    High-Yield Neighborhoods for Investment

    Identify Traverse City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49686 $635K
    49684 $900K

    Taxes & Financing

    Tax Rate (average for all types) 4.34%
    Property Tax per SF $71.64 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grand Traverse County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Grand Traverse County

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    Most Searched ZIP Codes in Traverse City, MI

    • 49684
    • 49686

    Featured Traverse City Real Estate Agencies

    Realmo connects you with licensed Traverse City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Re/max Bayshore Properties
    500 South Union St. Traverse City, MI 49684
    Phone: 12319415600
    Keller Williams Northern Michigan
    830 E. Front Street, Suite 110 Traverse City, MI
    Phone: 12319478200

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