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    Traverse City, MI
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    Traverse City, MI Medical Office Space for Sale

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    10 properties
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    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
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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

    $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
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    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    1323 S Cass Street, Traverse City, MI 49684

    $875,000
    1,792 sqft

    Professional office and furnished studio apartment provide separate commercial and residential components.

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    Well-Maintained Office Condo
    Well-Maintained Office Condo

    3819 Four Mile Road, Traverse City, MI 49696

    $399,000
    2,176 sqft

    Clean, move-in-ready office space within a newer professional building on a small commercial complex with ample parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    High-Ceiling Office Condo
    High-Ceiling Office Condo

    1-3819 4 Mile Rd N, Traverse City, MI 49696

    $329,000
    1,600 sqft

    Well-maintained office condo in a newer professional building with high ceilings and exceptionally clean interior space.

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    Professional Office Condo
    Professional Office Condo

    3819 N 4 Mile Road Unit 1, Traverse City, MI 49696

    $329,000
    1,489 sqft

    Well-maintained office condo with high ceilings and clean, flexible interior space in a professional building.

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    Office Unit Near TART Trail
    Office Unit Near TART Trail

    3819 Four Mile Road, Traverse City, MI 49696

    $329,000
    1,600 sqft

    Professional office condominium with high ceilings and convenient client access.

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    Two-Story Medical Office Building
    Two-Story Medical Office Building

    N 5015 N Royal Drive Unit SourceFi, Traverse City, MI 49684

    Contact for pricing
    8,098 sqft

    Established healthcare setting with professional workspace on Traverse City’s west side.

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    Medical Office Suite with Balcony
    Medical Office Suite with Balcony

    830-204 Cottageview Drive Unit 204, Traverse City, MI 49684

    $448,000
    1,743 sqft

    Suite features two entrances, seven offices, and an open area with high ceilings and transom windows.

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    Brick Medical Office Building
    Brick Medical Office Building

    3537 W Front St, Traverse City, MI 49684

    Contact for pricing
    40,505 sqft 5.31 AC lot

    Established medical office facility with Class A finishes, multiple practices, and long-term leases near Munson Medical Center.

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    Based on your search, we've compiled 64 Potential Opportunities for your consideration. Besides 10 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 2 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.

    Medical Office with Exam Rooms
    Medical Office with Exam Rooms

    1662 S Otsego Avenue, Gaylord, MI 49735

    $399,000
    4,000 sqft 1.64 AC lot

    Vacant office property retains a clinical layout with reception, exam rooms, and an on-site parking area.

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    Vacant Office Building with Basement
    Vacant Office Building with Basement

    1662 S Otsego Avenue, Gaylord, MI 49735

    $399,000
    4,000 sqft 1.64 AC lot

    Vacant office building with five exam rooms, reception area, and full basement, plus paved driveway and parking.

    View details
    Medical Office with Heated Basement
    Medical Office with Heated Basement

    316 Eighth Street, Manistee, MI 49660

    $499,000
    2,261 sqft 0.30 AC lot

    Former dental-office layout includes an open main level, basement, and private garden.

    View details
    Medical Office with Basement
    Medical Office with Basement

    316 8th Street, Manistee, MI 49660

    $499,000
    0.32 AC lot

    Former dental office offering flexible interior space, dual HVAC systems, and a private garden.

    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.

    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.

    5024 Royal Dr
    MEDICAL BUILDING

    5024 Royal Dr, Traverse City, MI 49684-9230

    $330,000
    Estimated value
    9,708 sqft 1.19 AC lot
    View details
    862 Munson Ave
    MEDICAL CLINIC

    862 Munson Ave, Traverse City, MI 49686-3602

    $295,000
    Estimated value
    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

    $390,000
    Estimated value
    2,885 sqft 0.81 AC lot
    View details
    4944 Skyview Ct
    MEDICAL BUILDING

    4944 Skyview Ct, Traverse City, MI 49684-7173

    $375,000
    Estimated value
    3,432 sqft 0.68 AC lot
    View details
    4952 Skyview Ct
    MEDICAL CLINIC

    4952 Skyview Ct, Traverse City, MI 49684-6970

    $335,000
    Estimated value
    3,032 sqft 0.68 AC lot
    View details
    4960 Skyview Ct
    MEDICAL CLINIC

    4960 Skyview Ct, Traverse City, MI 49684-7173

    $400,000
    Estimated value
    4,560 sqft 0.68 AC lot
    View details
    5000 Skyview Ct
    MEDICAL CLINIC

    5000 Skyview Ct, Traverse City, MI 49684-7150

    $350,000
    Estimated value
    3,175 sqft 0.68 AC lot
    View details
    5011 Skyview Ct
    MEDICAL CLINIC

    5011 Skyview Ct, Traverse City, MI 49684-7150

    $270,000
    Estimated value
    2,683 sqft 0.68 AC lot
    View details

    Traverse City, MI Medical Office Space Market Trends and Statistics

    Explore 58 medical office space for sale in Traverse City, MI, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 65,795 square feet of properties for sale, with an estimated market value of $4,459,000.

    Sale prices for medical spaces in Traverse City, MI start at $329,000, averaging $557,375, 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 230
    Office buildings 49
    Medical Office Space 14
    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
    49696 $346.5K
    49684 $659.6K
    49686 $875K

    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

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    Popular Searches in Traverse City, MI

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    Most Searched ZIP Codes in Traverse City, MI

    • 49684
    • 49696
    • 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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