Parking & Garage

Traverse City, MI Parking Lots & Garages for Sale

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Cedar, MI Williamsburg, MI Acme, MI
Turnkey Live/Work Building with Studio
Updated: May 7
Turnkey Live/Work Building with Studio

1323 S Cass Street, Traverse City, MI 49684

$975,000
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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Iconic Office Building with Parking
Updated: Mar 5
Iconic Office Building with Parking

522 E Front, Traverse City, MI 49686

$2,950,000
7,500 sqft · 0.53 AC lot
Newly remodeled with over 6,500 sq. ft. on the main floor and 1,000 sq. ft. of offices in the lower level.
Large on‑site parking lot.
Zoned C‑4a for multiple commercial uses.
Iconic office building at the Eastern entrance to downtown Traverse City.
Ingress and egress off of Front Street.
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Based on your search, we've compiled 22 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 12 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.

Muskegon Commercial Property on Getty
Muskegon Commercial Property on Getty

2101 S Getty Street, Muskegon, MI 49444

$199,900
3,268 sqft · 0.61 AC lot

Versatile commercial property with fenced parking on a busy roadway.

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Income-Generating Parking Lot
Income-Generating Parking Lot

Plaza Drive, West Branch, MI 48661

$169,000
1.97 AC lot

Recently redone parking lot with 2023 resurfacing and restriping, including a main road-facing sign.

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Commercial Building with Recent Remodel
Commercial Building with Recent Remodel

2184 S Getty St, Muskegon, MI 49444

$139,900

Remodeled commercial building with parking, suitable for various businesses.

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Income Producing Parking Lot
Income Producing Parking Lot

0 Plaza Dr, West Branch, MI 48661

$169,000
1.97 AC lot

Redone parking lot with signage in Plaza East shopping center.

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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.

Mancelona Land Development Opportunity
Mancelona Land Development Opportunity

US-131 Highway, Mancelona, MI 49659

$139,900
9.90 AC lot

9.9 acre commercial land near Torch Lake with highway frontage.

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Paved Development Land Lot
Paved Development Land Lot

208 Robertson Street, Cadillac, MI 49601

$150,000
0.69 AC lot

Mostly level, fully paved commercial lot suited for a range of development or overflow parking options.

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Cadillac Development Lot For Sale
Cadillac Development Lot For Sale

208 Robertson Street, Cadillac, MI 49601

$150,000
0.69 AC lot

Paved, level lot suitable for multi-family, daycare, or office development.

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Residential Land with Garage and Patio
Residential Land with Garage and Patio

4184 Southwood, Harrison, MI 48625

$54,900
0.17 AC lot

Vacant land featuring a new garage, patio, and lake access.

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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.

1710 Us Hwy 31st N
PARKING GARAGE, PARKING STRUCTURE

1710 Us Hwy 31st N, Traverse City, MI 49686-3744

Value Estimation by Request
1,320 sqft · 4.55 AC lot
View details
303 State St
PARKING GARAGE, PARKING STRUCTURE

303 State St, Traverse City, MI 49684-5750

Value Estimation by Request
142,000 sqft · 1.28 AC lot
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225 State St
PARKING GARAGE, PARKING STRUCTURE

225 State St, Traverse City, MI 49684-2514

Value Estimation by Request
840 sqft · 0.02 AC lot
View details
333 Stadium Dr
PARKING GARAGE, PARKING STRUCTURE

333 Stadium Dr, Traverse City, MI 49685-9749

Value Estimation by Request
800 sqft · 25.60 AC lot
View details
3875 Rnch Rudolf Rd
PARKING GARAGE, PARKING STRUCTURE

3875 Rnch Rudolf Rd, Traverse City, MI 49696

Value Estimation by Request
676 sqft
View details
4104 Mnr Wood S Dr
PARKING GARAGE, PARKING STRUCTURE

4104 Mnr Wood S Dr, Traverse City, MI 49685-8768

Value Estimation by Request
6,400 sqft · 0.91 AC lot
View details
155 Garland St
PARKING GARAGE, PARKING STRUCTURE

155 Garland St, Traverse City, MI 49684-2286

Value Estimation by Request
21,312 sqft · 1.74 AC lot
View details
6410 Ctr Rd
PARKING GARAGE, PARKING STRUCTURE

6410 Ctr Rd, Traverse City, MI 49686-1880

Value Estimation by Request
5,120 sqft · 0.70 AC lot
View details
1915 Cass Rd
PARKING GARAGE, PARKING STRUCTURE

1915 Cass Rd, Traverse City, MI 49685-8847

Value Estimation by Request
13,411 sqft · 9.58 AC lot
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1037 8th St
PARKING GARAGE, PARKING STRUCTURE

1037 8th St, Traverse City, MI 49686-2761

Value Estimation by Request
940 sqft · 0.13 AC lot
View details
125 8th St
PARKING GARAGE, PARKING STRUCTURE

125 8th St, Traverse City, MI 49684-2523

Value Estimation by Request
186,482 sqft · 1.43 AC lot
View details
3251 5th Mile Rd
PARKING GARAGE, PARKING STRUCTURE

3251 5th Mile Rd, Traverse City, MI 49686-8467

Value Estimation by Request
884 sqft · 87.10 AC lot
View details

Traverse City, MI Parking Lots & Garages Market Trends and Statistics

Explore 14 parking lots & garages for sale in Traverse City, MI on our real estate platform. These investment opportunities span a total of 9,292 square feet of properties for sale, with an estimated market value of $3,925,000.

Sale prices for parking garages in Traverse City, MI start at $975,000, averaging $1,962,500, 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 Spaces 174
Office Units 142
Land 134
Retail properties & Spaces 92
Retail space 69

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 $3M

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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