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 Kingsley, MI Maple City, MI Lake Ann, MI
Remodeled Live-Work Space
Updated: Aug 24
Remodeled Live-Work Space

2530 N Three Mile Road, Traverse City, MI 49686

$595,000
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
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Live-Work Property with Office
Updated: May 7
Live-Work Property with Office

1323 S Cass Street, Traverse City, MI 49684

$849,000
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
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Remodeled Live-Work Property
Remodeled Live-Work Property

2530 N Three Mile Road, Traverse City, MI 49686

$595,000
1,879 sqft

The flexible layout can serve entirely as commercial space or as a residence.

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3 active listings match your search: Live-Work for sale in Traverse City, MI. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities and 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 Building with Live-Work Potential
Mixed-Use Building with Live-Work Potential

309 W Main Street, Kingsley, MI 49649

$214,900
800 sqft 0.23 AC lot

Compact commercial property with M-113 exposure, nearby park and creek frontage, and stated potential for integrated business and residential use.

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Mixed-Use Property with Road Frontage
Mixed-Use Property with Road Frontage

309 W Main Street, Kingsley, MI 49649

$214,900
800 sqft

Commercial zoning and placement within the Kingsley Downtown Development Authority support a range of business and live-work configurations.

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Furnished Live-Work Space
Furnished Live-Work Space

107 Purdy Drive, Buckley, MI 49620

$335,000
1,650 sqft 0.48 AC lot

Modern construction with flexible zoning, adaptable interior space, and a furnished setup for immediate use.

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Furnished Short-Term Rental Property
Furnished Short-Term Rental Property

Buckley, MI 49620

$335,000
1,650 sqft

A 2023-built, furnished property with a flexible interior and a reinforced circular concrete drive.

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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
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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 5 live-work space for sale in Traverse City, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,550 square feet of properties for sale, with an estimated market value of $2,039,000.

Sale prices for live-work properties in Traverse City, MI start at $595,000, averaging $679,666, and reaching up to $849,000 — 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 175
Office buildings 22
Medical Office Space 12
Coworking space 1
Creative 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 $595K
49684 $849K

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

Retail

Office

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