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    Traverse City, MI
    Medical Premises

    Traverse City, MI Medical Office Space for Sale

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    Cedar, MI Williamsburg, MI Acme, MI Grawn, MI Suttons Bay, MI Interlochen, MI Maple City, MI Lake Ann, MI
    Log-Sided Single-Story Office Building
    Updated: Jul 13
    Log-Sided Single-Story Office Building

    1499 Business Park Drive, Traverse City, MI 49686

    $875,000
    5,000 sqft 4.55 AC lot
    5,000 SF single‑story log‑sided office building built in 2003
    Set on 4.55 wooded acres in East Bay Township, just minutes from downtown Traverse City
    Recently installed mechanical systems in 2024
    Vaulted‑ceiling gathering room with knotty pine finishes plus multiple private offices
    Includes full kitchen, expansive multipurpose and recreation rooms
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    This listing looks promising.

    Here's a quick look at some key insights for

    1499 Business Park Drive, Traverse City, MI 49686

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $71K
      Annual

    • Price @ 7% Cap

      $1.02M
      Above asking

    • Property Type

      Office Building
      Built 2003
    View Property Analytics
    Live-Work Building With Office And Studio
    Updated: May 7
    Live-Work Building With Office And Studio

    1323 S Cass Street, Traverse City, MI 49684

    $899,000
    1,792 sqft 0.28 AC lot
    1,792 sq ft live/work building on 165‑ft Cass Street frontage, with ADA‑compliant professional main level and a fully renovated studio apartment above.
    2018 gut renovation down to framing with new electrical, plumbing, flooring, and addition of the second level.
    Main level (896 sq ft) configured for professional use with 3 treatment/private rooms, half bath, and reception with built‑in wooden desk.
    Fully sprinklered building with fire alarm system; metal roof and metal siding; natural gas service.
    Second lot includes a 16‑space parking lot; second dwelling permitted with potential for two duplexes (verify with City).
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    Single-Story Office Building
    Single-Story Office Building

    Traverse City, MI 49686

    $875,000
    5,000 sqft 4.55 AC lot

    Single-story log-sided office building with vaulted gathering room, private offices, kitchen, and ample paved parking.

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    Medical/Office Building in Copper Ridge
    Medical/Office Building in Copper Ridge

    4075 Copper Ridge Drive, Traverse City, MI 49684

    $2,950,000
    15,352 sqft

    Remodeled medical/office building with ample parking and modern amenities.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Live-Work Building with Parking Lot
    Live-Work Building with Parking Lot

    1323 S Cass Street, Traverse City, MI 49684

    $975,000
    1,792 sqft

    Turnkey office with an ADA-compliant main level and furnished studio apartment above, plus a 16-space parking lot.

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    Based on your search, we've compiled 61 Potential Opportunities for your consideration. Besides 5 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 48 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Spacious Commercial Office Building on Acres
    Spacious Commercial Office Building on Acres

    4890 Airport Road, Lewiston, MI 49756

    $225,000
    3,468 sqft 2.00 AC lot

    Large commercial building in Lewiston, suitable for various ventures.

    View details
    Manistee Commercial Property For Sale
    Manistee Commercial Property For Sale

    316 8th Street, Manistee, MI 49660

    $499,000
    2,261 sqft 0.32 AC lot

    Former dental office with development flexibility in a growing coastal community.

    View details
    Manistee Commercial Property For Sale
    Manistee Commercial Property For Sale

    316 Eighth Street, Manistee, MI 49660

    $499,000
    2,261 sqft 0.30 AC lot

    Former dental office with development flexibility in a growing coastal community.

    View details
    Medical-Use Office Building on Acreage
    Medical-Use Office Building on Acreage

    4890 Airport Rd, Lewiston, MI 49756

    $399,900
    3,400 sqft 17.50 AC lot

    Spacious office building with reception, conference space, multiple rooms, and utilities in place for flexible business use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Approved Office Pad in Professional Center
    Approved Office Pad in Professional Center

    4240 Copper View, Traverse City, MI 49684

    $1,495,000
    30,000 sqft

    Land parcel approved for a 30,000-square-foot office building with a basement parking garage.

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    Commercial Land Parcel
    Commercial Land Parcel

    V/L Zimmerman Road, Traverse City, MI 49685

    $145,000
    1.48 AC lot

    1.48-acre commercial land with municipal water and sewer, supporting a range of office, medical, service, and retail uses under PUD zoning.

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    Cadillac Vacant Development Land
    Cadillac Vacant Development Land

    8072 S Mackinaw Trail, Cadillac, MI 49601

    $299,000
    5.98 AC lot

    6 acres of vacant land ready for development in Cadillac.

    View details
    Vacant Development Land Site
    Vacant Development Land Site

    8072 S Mackinaw Trail, Cadillac, MI 49601

    $299,000
    5.98 AC lot

    Nearly 6 acres of level, cleared land ready for a new commercial development on South Mackinaw Trail.

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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.

    5024 Royal Dr
    MEDICAL BUILDING

    5024 Royal Dr, Traverse City, MI 49684-9230

    Value Estimation by Request
    9,708 sqft 1.19 AC lot
    View details
    862 Munson Ave
    MEDICAL CLINIC

    862 Munson Ave, Traverse City, MI 49686-3602

    Value Estimation by Request
    2,352 sqft 0.50 AC lot
    View details
    333 Grandview Pkwy Unit 3D -
    Medical Office Space

    333 Grandview Pkwy Unit 3D -, Traverse City, MI 49684

    Value Estimation by Request
    3,705 sqft
    View details
    333 Grandview Pkwy Unit
    Medical Office Space

    333 Grandview Pkwy Unit, Traverse City, MI 49684

    Value Estimation by Request
    1,210 sqft 1.65 AC lot
    View details
    333 Traverse City Mi
    Medical Office Space

    333 Traverse City Mi, Traverse City, MI 49684

    Value Estimation by Request
    1,947 sqft
    View details
    607 Randolph St
    Medical Office Space

    607 Randolph St, Traverse City, MI 49684

    Value Estimation by Request
    1,768 sqft
    View details
    333 Grandview Pkwy
    Medical Office Space

    333 Grandview Pkwy, Traverse City, MI 49684

    Value Estimation by Request
    1,952 sqft
    View details
    333 Grandview Pkwy Unit
    Medical Office Space

    333 Grandview Pkwy Unit, Traverse City, MI 49684

    Value Estimation by Request
    1,947 sqft
    View details
    3805 Veterans Dr
    MEDICAL BUILDING

    3805 Veterans Dr, Traverse City, MI 49684-4518

    Value Estimation by Request
    2,885 sqft 0.81 AC lot
    View details
    4944 Skyview Ct
    MEDICAL BUILDING

    4944 Skyview Ct, Traverse City, MI 49684-7173

    Value Estimation by Request
    3,432 sqft 0.68 AC lot
    View details
    4952 Skyview Ct
    MEDICAL CLINIC

    4952 Skyview Ct, Traverse City, MI 49684-6970

    Value Estimation by Request
    3,032 sqft 0.68 AC lot
    View details
    4960 Skyview Ct
    MEDICAL CLINIC

    4960 Skyview Ct, Traverse City, MI 49684-7173

    Value Estimation by Request
    4,560 sqft 0.68 AC lot
    View details
    5000 Skyview Ct
    MEDICAL CLINIC

    5000 Skyview Ct, Traverse City, MI 49684-7150

    Value Estimation by Request
    3,175 sqft 0.68 AC lot
    View details
    5011 Skyview Ct
    MEDICAL CLINIC

    5011 Skyview Ct, Traverse City, MI 49684-7150

    Value Estimation by Request
    2,683 sqft 0.68 AC lot
    View details
    4977 Skyview Ct
    MEDICAL BUILDING

    4977 Skyview Ct, Traverse City, MI 49684-6941

    Value Estimation by Request
    3,102 sqft 0.68 AC lot
    View details
    5123 Royal Dr
    MEDICAL BUILDING

    5123 Royal Dr, Traverse City, MI 49684-9201

    Value Estimation by Request
    6,460 sqft 1.21 AC lot
    View details
    5246 Royal Dr
    MEDICAL BUILDING

    5246 Royal Dr, Traverse City, MI 49684-6984

    Value Estimation by Request
    7,346 sqft 1.21 AC lot
    View details
    5217 Royal Dr
    MEDICAL CLINIC

    5217 Royal Dr, Traverse City, MI 49684-7827

    Value Estimation by Request
    5,333 sqft 1.09 AC lot
    View details
    4062 Royal Dr
    MEDICAL BUILDING

    4062 Royal Dr, Traverse City, MI 49684-8965

    Value Estimation by Request
    10,576 sqft 1.46 AC lot
    View details

    Traverse City, MI Medical Office Space Market Trends and Statistics

    Explore 53 medical office space for sale in Traverse City, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 28,936 square feet of properties for sale, with an estimated market value of $6,574,000.

    Sale prices for medical spaces in Traverse City, MI start at $875,000, averaging $1,314,800, and reaching up to $2,950,000 — 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 121
    Office buildings 47
    Medical Office Space 9
    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
    49684 $1.6M

    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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