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    Traverse City, MI Retail Space for Sale

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    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
    Stand-Alone NNN Storefront
    Updated: Sep 11
    Stand-Alone NNN Storefront

    3301 W S Airport Road, Traverse City, MI 49684

    $1,200,000
    4,992 sqft 0.95 AC lot
    Across from a Grand Traverse Mall entrance
    0.95‑acre site in Traverse City
    100% occupancy maintained for 20+ years
    NNN leases with CAM adjustable based on expenses
    Reported 8% cap rate
    View details
    Retail Building with Beer Cave
    Retail Building with Beer Cave

    939 S US-31, Traverse City, MI 49685

    $5,000,000
    11,900 sqft 1.47 AC lot

    Retail space along the US-31 corridor includes on-site parking and dedicated cold-storage features.

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    Retail Storefront with Back-of-House Space
    Retail Storefront with Back-of-House Space

    2021 W South Airport Rd, Traverse City, MI 49686

    $1,350,000
    5,095 sqft

    The property carries C-O FFICE zoning and is subject to a short-term lease.

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    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.

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    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.

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    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.

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    NNN Retail Property with Two Units
    NNN Retail Property with Two Units

    Traverse City, MI 49684

    $1,200,000
    5,000 sqft

    Stand-alone commercial property across from a Grand Traverse Mall entrance, surrounded by national tenants and ongoing development.

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    Retail Condo Under Construction
    Retail Condo Under Construction

    135 Pine Street, Traverse City, MI 49684

    $1,481,200
    4,232 sqft 0.02 AC lot

    C-4c-zoned retail condominium with a modern, flexible layout in Traverse City.

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    Retail Condo Unit Under Construction
    Retail Condo Unit Under Construction

    141 W Front Street, Traverse City, MI 49684

    $835,500
    2,785 sqft 0.02 AC lot

    C-4c zoning and a versatile layout support retail use in downtown Traverse City.

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    Storefront Property with Parking
    Storefront Property with Parking

    713 E Eighth Street, Traverse City, MI 49686

    $1,550,000
    1,600 sqft

    C-2 zoning supports retail, professional office, or creative studio use.

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    New Retail Condo Unit
    New Retail Condo Unit

    137 Pine Street, Traverse City, MI 49684

    $1,138,200
    3,794 sqft 0.02 AC lot

    The unit is scheduled for completion in June 2026 and carries C-4c zoning.

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    Retail Condo Unit
    Retail Condo Unit

    143 W Front Street, Traverse City, MI 49684

    $849,300
    2,831 sqft 0.02 AC lot

    Retail condo unit with C-4c zoning and a planned June 2026 completion.

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    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.

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    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.

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    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.

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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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    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.

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    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.

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    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.

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    Mixed-Use Building with Atrium
    Mixed-Use Building with Atrium

    Traverse City, MI 49684

    $3,375,000
    23,983 sqft

    Retail and office tenants occupy a five-level downtown property with a lower-level event space.

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    Retail Space with Parking Lot
    Retail Space with Parking Lot

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

    $2,250,000
    3,726 sqft 1.24 AC lot

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

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

    135 Pine St, Unit 101, Traverse City, MI 49684

    $1,481,200
    1,743 sqft

    Retail condo unit totaling 1,743 SF, scheduled for June 2026 completion, with C-4c zoning for retail use.

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    Downtown Retail Condo Unit
    Downtown Retail Condo Unit

    141 W Front St, Traverse City, MI 49684

    $835,500
    2,578 sqft

    Retail condo unit offering 2,578 SF and C-4c zoning, scheduled for completion in March 2026.

    View details
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    Traverse City, MI Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Traverse City, MI, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 164,550 square feet of properties for sale, with an estimated market value of $46,446,950.

    Sale prices for retail space in Traverse City, MI start at $430,000, averaging $1,658,819, and reaching up to $5,000,000 — 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 25
    Automotive properties 11
    Auto shops 7
    Showrooms 7
    Shopping centers 6

    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 $1.2M
    49684 $1.5M
    49685 $3.5M

    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)

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Browse Retail space for Sale Near Traverse City, MI

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    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
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