Advertise
    Traverse City, MI
    Retail

    Traverse City, MI Retail Space for Sale

    Notify Me
    List
    Map
    Cedar, MI Grawn, MI Williamsburg, MI Acme, MI Suttons Bay, MI Interlochen, MI Lake Leelanau, MI Maple City, MI
    48 properties
    Sort:
    Four-Tenant NNN Commercial Property
    Updated: Aug 24
    Four-Tenant NNN Commercial Property

    2751 N US-31 S, Traverse City, MI 49684

    $2,390,000
    13,550 sqft 1.28 AC lot
    13,550‑square‑foot commercial property on 1.28 acres
    Fully occupied by four tenants
    True triple‑net leases with annual rent increases
    Located on US‑31 in Garfield Township
    Adjacent to Red Lobster and across from Chick‑fil‑A
    View details
    Burger King Drive-Through Restaurant
    Updated: Sep 3
    Burger King Drive-Through Restaurant

    2500 Crossing Circle, Traverse City, MI 49684

    $2,000,000
    3,618 sqft 1.36 AC lot
    3,618‑square‑foot Burger King restaurant on 1.36 acres
    New 12‑year triple‑net lease planned at closing
    Single‑tenant building with lease backed by franchisee operating locally since 1973
    Located in the Grand Traverse Crossing retail corridor
    Retail anchors include Walmart, Home Depot, and Grand Traverse Mall
    View details
    Updated Storefront Retail Space
    Updated Storefront Retail Space

    1025 Hannah Avenue, Traverse City, MI 49686

    $430,000
    2,432 sqft 0.26 AC lot

    C-2 zoning supports retail, office, restaurant, and business service uses.

    View details
    See what stands out in Grand Traverse County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Visible Retail Building on US-31
    Visible Retail Building on US-31

    Traverse City, MI 49685

    $1,985,000
    8,250 sqft 2.90 AC lot

    Highly visible retail building with frontage on US-31.

    View details
    Downtown Office Unit
    Downtown Office Unit

    232 E State Street, Traverse City, MI 49684

    $854,000
    2,849 sqft 0.16 AC lot

    Brick commercial condominium suitable for retail or professional office use in downtown Traverse City.

    View details
    Office Condo Unit
    Office Condo Unit

    232 E State Street, Traverse City, MI 49684

    $610,000
    2,034 sqft 0.16 AC lot

    Commercial condominium space suited to retail or professional office use in downtown Traverse City.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Retail Condo Under Construction
    Retail Condo Under Construction

    141 W Front Street, Traverse City, MI 49684

    $773,400
    2,578 sqft 0.02 AC lot

    C-4c zoning and a downtown Traverse City setting support retail-oriented occupancy.

    View details
    Retail and Office Corner Lot
    Retail and Office Corner Lot

    305 Us-31, Traverse City, MI 49685

    $799,000
    3,840 sqft

    High-traffic corner site with flexible CM zoning and existing retail/office and pole buildings for immediate or future use.

    View details
    Retail Condo Under Construction
    Retail Condo Under Construction

    143 W Front Street, Traverse City, MI 49684

    $759,600
    2,532 sqft 0.02 AC lot

    Planned retail condo with C-4c zoning, steel construction, and brick and cement board exteriors.

    View details
    Retail Condo Unit
    Retail Condo Unit

    137 Pine Street, Traverse City, MI 49684

    $891,300
    2,971 sqft 0.02 AC lot

    C-4c zoning and planned June 2026 completion support a new downtown retail setting.

    View details
    Commercial Condo Retail/Office Space
    Commercial Condo Retail/Office Space

    C-232 E State St, Traverse City, MI 49684

    $854,000
    2,849 sqft

    Newly constructed commercial condo offers 2,849 SF of retail or professional office space.

    View details
    Retail Condo Under Construction
    Retail Condo Under Construction

    135 Pine Street, Traverse City, MI 49684

    $610,050
    1,743 sqft 0.02 AC lot

    Two-story?

    View details
    Three-Story Storefront Building
    Three-Story Storefront Building

    118 E Front Street, Traverse City, MI 49684

    $2,790,000
    9,045 sqft 0.10 AC lot

    C-4B zoning permits commercial or residential use in downtown Traverse City.

    View details
    Downtown Retail Office Condo
    Downtown Retail Office Condo

    B-232 E State St, Traverse City, MI 49684

    $610,000
    2,034 sqft

    Newly constructed 2,034 SF commercial condo for retail or professional office use in downtown Traverse City.

    View details
    Commercial Land with Cabins
    Commercial Land with Cabins

    1470 US-31 N, Traverse City, MI 49686

    $499,000
    1,000 sqft 0.66 AC lot

    Regional Business zoning supports office, retail, and rental uses.

    View details
    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    144 Hall Street, Traverse City, MI 49684

    $2,950,000
    18,454 sqft 0.72 AC lot

    Brick-and-block retail property with an adaptable open floor plan, exposed beams, and on-site parking.

    View details
    Open-Plan Retail Space
    Open-Plan Retail Space

    Traverse City, MI 49686

    $2,500,000
    18,773 sqft

    Adaptable retail premises in an established shopping center with private access and on-site parking.

    View details
    Freestanding Retail Building with Mezzanine
    Freestanding Retail Building with Mezzanine

    274 N US-31 S, Traverse City, MI 49685

    $1,985,000
    8,025 sqft 2.90 AC lot

    Remodeled retail facility with rear loading access, outdoor display capacity, and ample on-site parking.

    View details
    Office Condominium Unit
    Office Condominium Unit

    Traverse City, MI 49684

    $636,570
    2,122 sqft

    Newly constructed commercial condominium adaptable to retail or professional office use in downtown Traverse City.

    View details
    Commercial Land Pad for Two-Story Retail/Office
    Commercial Land Pad for Two-Story Retail/Office

    City View Drive, Traverse City, MI 49684

    $750,000
    20,000 sqft

    Pad approved for a two-story retail/office building at Copper Ridge Professional Center with parking lot and garage.

    View details
    NNN Commercial Condo
    NNN Commercial Condo

    232 State Street, Traverse City, MI 49684

    $950,000
    2,270 sqft

    Tenant-occupied commercial space with a 10-year NNN lease and two renewal options.

    View details
    Retail Space with Parking Lot
    Retail Space with Parking Lot

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

    $2,650,000
    3,726 sqft 1.24 AC lot

    C-3 Community Center District zoning supports a range of allowable uses and commercial configurations.

    View details
    Single-Tenant Retail Condominium
    Single-Tenant Retail Condominium

    E 204 E Front Street Unit SourceFi, Traverse City, MI 49684

    $899,000
    2,000 sqft

    Fully leased single-tenant storefront with NNN structure, open sales floor, fitting rooms, rear storage, and private restroom.

    View details
    Automotive Showroom with Service Bays
    Automotive Showroom with Service Bays

    3566 N US-31 S, Traverse City, MI 49684

    $1,600,000
    13,515 sqft 1.98 AC lot

    Automotive commercial property with showroom, offices, service operations, and Opportunity Zone designation.

    View details

    Traverse City, MI Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Traverse City, MI, showcased through 48 active listings on our real estate platform. These investment opportunities span a total of 205,660 square feet of properties for sale, with an estimated market value of $37,478,620.

    Sale prices for retail space in Traverse City, MI start at $355,000, averaging $1,208,987, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 38
    Shopping centers 13
    Automotive properties 12
    Showrooms 10
    Auto shops 9

    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 $858.8K
    49684 $937.1K
    49685 $1.2M

    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

    Property Size Breakdown

    The majority of commercial real estate listings in Traverse City fall within the 2,500 to 5,000 square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Retail space for Sale Near Traverse City, MI

    Popular Searches in Traverse City, MI

    Popular Categories

    Most Searched ZIP Codes in Traverse City, MI

    • 49684
    • 49686
    • 49685

    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

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!