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    Traverse City, MI Retail Space for Sale

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    M-37 Round About Barns
    Updated: Mar 11
    M-37 Round About Barns

    3042 Luxury Barn Ln, Traverse City, MI 49685

    $149,900
    1,200 sqft
    100% owner ready for utilization: Fully equipped and immediately usable commercial building.
    High‑quality construction featuring Borkholder Craftsman build with custom trusses, Kynar 500 painted steel siding, and real stone front.
    Climate control with mini‑split system for both heating and air conditioning.
    Secure and accessible with a 12x12 insulated garage door with electric opener, commercial front access door with keypad, and security protection.
    Durable and protected with concrete slab floor with crack relief, garage door bollards, and comprehensive insulation (R‑50 ceiling, R‑16.4 door).
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    This listing looks promising.

    Here's a quick look at some key insights for

    3042 Luxury Barn Ln, Traverse City, MI 49685

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $12K
      Annual

    • Price @ 7% Cap

      $177K
      Above asking
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    New Downtown Retail/Office Condo
    Updated: May 12
    New Downtown Retail/Office Condo

    232 E State Street, Traverse City, MI 49684

    $854,000
    2,849 sqft 0.16 AC lot
    2,849 SF commercial condo space in downtown Traverse City, MI
    Constructed in 2025 and currently under construction
    Brick exterior with steel construction materials
    Membrane roof
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    Downtown Retail Office Condo
    Downtown Retail Office Condo

    232 E State Street, Traverse City, MI 49684

    $610,000
    2,034 sqft 0.16 AC lot

    Newly constructed commercial condo space built in 2025, sized for retail or professional office use.

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    Multi-Tenant Retail Warehouse Building
    Multi-Tenant Retail Warehouse Building

    144 Hall Street, Traverse City, MI 49684

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

    Multi-tenant retail warehouse building with 9 established tenants and on-site parking.

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    Retail and Office Corner Lot
    Retail and Office Corner Lot

    305 Us Highway 31 S, 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.

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    Retail Condo Unit with C-4c Zoning
    Retail Condo Unit with C-4c Zoning

    141 W Front Street, Traverse City, MI 49684

    $773,400
    2,578 sqft 0.02 AC lot

    New retail condo unit scheduled for March 2026, positioned for C-4c compatible retail use in downtown Traverse City.

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    Retail Condo Unit with C-4c Zoning
    Retail Condo Unit with C-4c Zoning

    137 Pine Street, Traverse City, MI 49684

    $891,300
    2,971 sqft 0.02 AC lot

    2,971 SF retail condo unit scheduled for completion in June 2026, positioned in downtown Traverse City with C-4c zoning support.

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    Downtown Retail Condo Unit
    Downtown Retail Condo Unit

    135 Pine Street, Traverse City, MI 49684

    $610,050
    1,743 sqft 0.02 AC lot

    Retail condo unit under schedule for June 2026 completion, totaling 1,743 square feet with C-4c zoning.

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    Newly Built Retail/Office Condo
    Newly Built Retail/Office Condo

    232 E State Street, Traverse City, MI 49684

    $610,000
    2,034 sqft

    Commercial condo built in 2025 with space suited for retail or professional office uses.

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    Downtown Retail Condo Unit
    Downtown Retail Condo Unit

    143 W Front Street, Traverse City, MI 49684

    $759,600
    2,532 sqft 0.02 AC lot

    Retail condo unit scheduled for completion in June 2026 with C-4c zoning.

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    Multi-Use Retail Building with Overhead Doors
    Multi-Use Retail Building with Overhead Doors

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

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

    Remodeled retail building on a 2.89-acre lot with rear overhead doors, ample parking, and mezzanine office space.

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    Retail Condo in Downtown Traverse
    Retail Condo in Downtown Traverse

    143 W Front St, Traverse City, MI 49684

    $759,600
    2,532 sqft

    2,532 SF retail condo in prime Traverse City location.

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    Pad Site for Two-Story Retail/Office
    Pad Site for Two-Story Retail/Office

    City View Drive, Traverse City, MI 49684

    $750,000
    20,000 sqft

    Build-ready pad approved for a two-story retail/office building within a professional center.

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    Live-Work Retail and Service Property
    Live-Work Retail and Service Property

    6375 E Traverse Highway, Traverse City, MI 49684

    $949,900
    4,608 sqft 1.07 AC lot

    Commercial property includes an apartment above the main retail/service area and 250 feet of road frontage.

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    Downtown Traverse City Retail Condo
    Downtown Traverse City Retail Condo

    137 Pine St, Traverse City, MI 49684

    $891,300
    2,971 sqft

    Retail condo in downtown Traverse City, completion scheduled for June 2026.

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    Traverse City Retail Opportunity
    Traverse City Retail Opportunity

    3180 S Airport Rd W, Traverse City, MI 49684

    $2,535,243
    8,963 sqft

    Retail space in high-growth, tourism-driven Traverse City market.

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    Pet Supplies Plus Outlot
    Pet Supplies Plus Outlot

    3180 W South Airport Rd, Traverse City, MI 49684

    $2,366,227
    8,963 sqft

    Retail outlot on premier retail corridor near Grand Traverse Mall.

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    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.

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    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.

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    Retail Condo Unit with C-4c Zoning
    Retail Condo Unit with C-4c Zoning

    141 W Front Street, Traverse City, MI 49684

    $773,400
    2,578 sqft

    Retail condo unit is scheduled for completion in March 2026 and is offered under C-4c zoning.

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    Downtown Mixed-Use Building For Sale
    Downtown Mixed-Use Building For Sale

    517 E Eighth St, Traverse City, MI 49686

    $355,000
    1,120 sqft

    Mixed-use building in growing downtown neighborhood, suitable for various purposes.

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    Retail Space Near Cherryland Mall
    Retail Space Near Cherryland Mall

    1712 S. Garfield Ave, Traverse City, MI 49686

    Contact for pricing
    4,168 sqft

    Retail space available in busy Traverse City shopping corridor.

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    Endcap Retail Suite
    Endcap Retail Suite

    2506 Crossing Circle Unit SourceFi, Traverse City, MI 49684

    Contact for pricing
    2,112 sqft

    Endcap retail space with large storefront windows and a flexible open layout, plus office, kitchenette, and restroom.

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    High-Visibility Retail Space
    High-Visibility Retail Space

    S 821 S Garfield Avenue Unit SourceFi, Traverse City, MI 49686

    Contact for pricing
    2,318 sqft

    Retail space with ample on-site parking and C-3 zoning along a high-visibility corridor in Traverse City.

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    Traverse City, MI Retail Space Market Trends and Statistics

    Explore 70 retail space for sale in Traverse City, MI, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 113,319 square feet of properties for sale, with an estimated market value of $24,110,920.

    Sale prices for retail space in Traverse City, MI start at $149,900, averaging $1,095,950, 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

    Storefront properties 26
    Shopping centers 7
    Automotive properties 6
    Auto shops 4
    Showrooms 4

    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 $978K
    49686 $996.3K
    49684 $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

    Office

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Traverse City, MI

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    • 49685
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