Traverse City, MI Mixed-use Properties for Sale

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Updated: Feb 24

Traverse City Industrial Investment Opportunity

3054 Cass Rd, Traverse City, MI 49684

$1,200,000

18,037 sqft

100% physical and economic occupancy with a diversified multi‑tenant rent roll.
Strong in‑place cash flow with below‑market rents, offering potential for NOI growth.
Highly desirable Traverse City market location.
Flexible industrial zoning.
Proximity to Cherry Capital Airport and downtown Traverse City.

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This listing looks promising.

Here's a quick look at some key insights for

3054 Cass Rd, Traverse City, MI 49684

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$105K
Annual
Price @ 7% Cap

$1.5M
Above asking
Property Type

Industrial Loft Building, Loft Building
Built 1961

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Updated: Mar 11

Craftsman Commercial Building with Mezzanine

3055 Man Cave Ln, Traverse City, MI 49685

$154,900

1,200 sqft

12x12 High Quality, R16.4 Insulated Door with electric opener.
Fully Insulated: Walls R‑19, Ceiling R‑50.
Enjoy the durability and sleek look of Full Broadcast Epoxy Floors.
200‑amp electrical service, full build out electric package and ceiling fans installed.
Stay warm with the fully constructed heat system including a 45,000 BTU Natural Gas hanging unit.

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Historic Mixed-Use Building Near West Bay

601 Randolph St, Traverse City, MI 49684

$1,400,000

Unique mixed-use property in prime location near shopping and dining.

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Commercial

Traverse City, MI 49684

$1,695,000

Mixed-use properties

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Mixed-Use Investment Opportunity

3055 Cass Rd, Traverse City, MI 49684

$2,900,000

31,365 sqft 6.32 AC lot

31,000+ SF mixed-use property with income potential.

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Based on your search, we've compiled 62 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 49 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.

Historic Kramer Building in Cadillac

117 N Mitchell Street, Cadillac, MI 49601

$975,000

12,135 sqft 0.14 AC lot

Iconic, income-producing mixed-use property in Cadillac's vibrant downtown.

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Downtown Mixed-Use Building

201 River Street, Elk Rapids, MI 49629

$1,200,000

8,355 sqft

Multi-tenant mixed-use building with retail and office suites on the lower level plus two renovated residential units upstairs.

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Historic Mixed-Use Building with Gallery

128 River Street, Elk Rapids, MI 49629

$1,305,000

Historic mixed-use building with original bank vault and an established fine art gallery plus an owner’s residence.

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Downtown Cadillac Mixed-Use Opportunity

216 S Mitchell St, Cadillac, MI 49601

$229,000

Mixed-use building with commercial space and residential apartments in Cadillac.

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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.

Development Land Parcel

520 Railroad Avenue, Traverse City, MI 49686

$1,575,000

1.46 AC lot

1.46-acre development parcel offered as two lots with access via E Eighth Street and Woodmere Avenue.

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Commercial Land with Mixed-Use Flexibility

Zimmerman Road, Traverse City, MI 49685

$389,000

3.50 AC lot

Zoned commercial land at a road intersection, allowing residential above commercial with a footprint limit.

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Corner Commercial Development Land

1054-1060 E Front Street, Traverse City, MI 49686

$2,650,000

1.24 AC lot

Zoned C-3 for flexible development with height and impervious limits at a SW corner on major corridors.

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Mixed-Use Development Site with Theatre

4160 M-72 E, Williamsburg, MI 49690

$1,995,000

12,259 sqft 4.35 AC lot

Shovel-ready mixed-use parcel with fully developed utilities and an included former dinner theatre building.

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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.

INDUSTRIAL LOFT BUILDING

2351 Cass Rd, Traverse City, MI 49684-9147

Value Estimation by Request

5,000 sqft 0.81 AC lot

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INDUSTRIAL LOFT BUILDING

837 Robinwood Ct, Traverse City, MI 49686-4316

Value Estimation by Request

4,000 sqft 0.34 AC lot

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Mixed-use properties

5746 Denali Dr, Traverse City, MI 49684

Value Estimation by Request

12,000 sqft

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Individual retail properties

1040 Front St, Traverse City, MI 49686

Value Estimation by Request

1,864 sqft 0.63 AC lot

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Medical Office Space

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

Value Estimation by Request

3,705 sqft

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Hotels

18599 Mission Rd, Traverse City, MI 49686

Value Estimation by Request

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Mixed-use properties

5760 Denali Dr, Traverse City, MI 49684

Value Estimation by Request

9,000 sqft

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Office Spaces

140 Front St, Traverse City, MI 49684

Value Estimation by Request

5,610 sqft

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Mixed-use properties

5744 Denali Dr, Traverse City, MI 49684

Value Estimation by Request

9,600 sqft

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Lifestyle centers

2016 South Airport Rd, Traverse City, MI 49684

Value Estimation by Request

14,777 sqft 1.58 AC lot

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Medical Office Space

333 Grandview Pkwy Unit, Traverse City, MI 49684

Value Estimation by Request

1,947 sqft

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INDUSTRIAL LOFT BUILDING

1421 Woodmere Ave, Traverse City, MI 49686-4309

Value Estimation by Request

4,000 sqft 0.15 AC lot

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INDUSTRIAL LOFT BUILDING

1401 Woodmere Ave, Traverse City, MI 49686-4309

Value Estimation by Request

12,000 sqft 0.64 AC lot

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INDUSTRIAL LOFT BUILDING

431 Welch Ct, Traverse City, MI 49686-4860

Value Estimation by Request

8,750 sqft 3.02 AC lot

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INDUSTRIAL LOFT BUILDING

432 Welch Ct, Traverse City, MI 49686-4883

Value Estimation by Request

11,200 sqft 0.93 AC lot

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INDUSTRIAL LOFT BUILDING

4177 Vlg Park Dr, Traverse City, MI 49685-7237

Value Estimation by Request

10,680 sqft 1.29 AC lot

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INDUSTRIAL LOFT BUILDING

3470 Veterans Dr, Traverse City, MI 49684-4586

Value Estimation by Request

5,740 sqft 1.79 AC lot

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INDUSTRIAL LOFT BUILDING

2419 Sybrant Rd, Traverse City, MI 49684-6951

Value Estimation by Request

15,000 sqft 1.00 AC lot

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INDUSTRIAL LOFT BUILDING

861 Robinwood Ct, Traverse City, MI 49686-5303

Value Estimation by Request

5,480 sqft 0.34 AC lot

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Traverse City, MI Mixed-Use Properties Market Trends and Statistics

Explore 54 mixed-use properties for sale in Traverse City, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 50,602 square feet of properties for sale, with an estimated market value of $4,254,900.

Sale prices for multi use buildings in Traverse City, MI start at $154,900, averaging $1,418,300, and reaching up to $2,900,000 — 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

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
49685	$303.3K
49686	$712.5K
49684	$1.8M

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

Office

Property Size Breakdown

The majority of commercial real estate listings in Traverse City fall within the 100,000+ square foot range.

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Traverse City, MI Mixed-use Properties for Sale

3054 Cass Rd, Traverse City, MI 49684

3055 Man Cave Ln, Traverse City, MI 49685

601 Randolph St, Traverse City, MI 49684

Traverse City, MI 49684

3055 Cass Rd, Traverse City, MI 49684

Opportunities in Nearby Cities

117 N Mitchell Street, Cadillac, MI 49601

201 River Street, Elk Rapids, MI 49629

128 River Street, Elk Rapids, MI 49629

216 S Mitchell St, Cadillac, MI 49601

Potential Development Sites for Consideration

520 Railroad Avenue, Traverse City, MI 49686

Zimmerman Road, Traverse City, MI 49685

1054-1060 E Front Street, Traverse City, MI 49686

4160 M-72 E, Williamsburg, MI 49690

Off-Market Properties in Traverse City, MI

2351 Cass Rd, Traverse City, MI 49684-9147

837 Robinwood Ct, Traverse City, MI 49686-4316

5746 Denali Dr, Traverse City, MI 49684

1040 Front St, Traverse City, MI 49686

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

18599 Mission Rd, Traverse City, MI 49686

5760 Denali Dr, Traverse City, MI 49684

140 Front St, Traverse City, MI 49684

5744 Denali Dr, Traverse City, MI 49684

2016 South Airport Rd, Traverse City, MI 49684

333 Grandview Pkwy Unit, Traverse City, MI 49684

1421 Woodmere Ave, Traverse City, MI 49686-4309

1401 Woodmere Ave, Traverse City, MI 49686-4309

431 Welch Ct, Traverse City, MI 49686-4860

432 Welch Ct, Traverse City, MI 49686-4883

4177 Vlg Park Dr, Traverse City, MI 49685-7237

3470 Veterans Dr, Traverse City, MI 49684-4586

2419 Sybrant Rd, Traverse City, MI 49684-6951

861 Robinwood Ct, Traverse City, MI 49686-5303

Traverse City, MI Mixed-Use Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Office

Property Size Breakdown

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