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    Wedding Venue Property with Barns
    Updated: Apr 27
    Wedding Venue Property with Barns

    55 S Hope Ridge, Traverse City, MI 49696

    $3,500,000
    16,208 sqft 40.76 AC lot
    40.76‑acre property approximately 8 minutes from downtown Traverse City
    8 homes totaling 16,208 square feet
    4 large barns included
    Capacity to hold over 60 guests
    Mix of open fields and wooded areas
    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.

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    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 1 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former School Mixed-Use Property
    Former School Mixed-Use Property

    1123 N Sherman St, Bay City, MI 48708

    $79,000
    19,500 sqft

    Former educational facility near downtown with access from M-25 and I-75.

    View details
    Former School Mixed-Use Building
    Former School Mixed-Use Building

    1123 N Sherman Street, Bay City, MI 48708

    $79,000
    19,500 sqft 0.81 AC lot

    Former school building with forced-air heating and natural gas availability.

    View details
    Commercial Land with School Building
    Commercial Land with School Building

    1442 E Broadway Avenue, Norton Shores, MI 49444

    $100,000
    42,202 sqft 5.24 AC lot

    The parcel carries SUD zoning and has natural gas available.

    View details
    Commercial Land With Existing Building
    Commercial Land With Existing Building

    1442 E Broadway Avenue, Norton Shores, MI 49444

    $100,000
    5.24 AC lot

    SUD-zoned acreage includes a vacant institutional building and public water and sewer service.

    View details

    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.

    88 Hughes Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    88 Hughes Dr, Traverse City, MI 49696-8263

    $465,000
    Estimated value
    11,245 sqft 1.56 AC lot
    View details
    845 Woodmere Ave
    COLLEGE, UNIVERSITY, VOC SCHOOL

    845 Woodmere Ave, Traverse City, MI 49686-3349

    $325,000
    Estimated value
    7,252 sqft 0.84 AC lot
    View details
    2207 Traversefield Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    2207 Traversefield Dr, Traverse City, MI 49686-9267

    $535,000
    Estimated value
    22,240 sqft 2.70 AC lot
    View details
    2103 Traversefield Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    2103 Traversefield Dr, Traverse City, MI 49686-8699

    $405,000
    Estimated value
    12,600 sqft 2.00 AC lot
    View details
    2259 Traversefield Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    2259 Traversefield Dr, Traverse City, MI 49686-9267

    $430,000
    Estimated value
    11,961 sqft 2.77 AC lot
    View details
    2238 Traversefield Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    2238 Traversefield Dr, Traverse City, MI 49686-9251

    $345,000
    Estimated value
    8,400 sqft 2.80 AC lot
    View details
    1847 Perrys Loop
    COLLEGE, UNIVERSITY, VOC SCHOOL

    1847 Perrys Loop, Traverse City, MI 49685-9707

    $325,000
    Estimated value
    4,800 sqft 0.60 AC lot
    View details
    1622 Northern Star Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    1622 Northern Star Dr, Traverse City, MI 49696-9242

    $440,000
    Estimated value
    15,000 sqft 3.36 AC lot
    View details
    1666 Northern Star Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    1666 Northern Star Dr, Traverse City, MI 49696-9242

    $425,000
    Estimated value
    12,000 sqft 3.10 AC lot
    View details
    501 Lk Ave
    COLLEGE, UNIVERSITY, VOC SCHOOL

    501 Lk Ave, Traverse City, MI 49684-3239

    $300,000
    Estimated value
    3,300 sqft 0.29 AC lot
    View details
    812 Hughes Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    812 Hughes Dr, Traverse City, MI 49696-8255

    $385,000
    Estimated value
    9,248 sqft 1.52 AC lot
    View details
    726 Hastings St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    726 Hastings St, Traverse City, MI 49686-3461

    $780,000
    Estimated value
    3,917 sqft 0.79 AC lot
    View details
    840 Hastings St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    840 Hastings St, Traverse City, MI 49686-3441

    $425,000
    Estimated value
    14,755 sqft 0.75 AC lot
    View details
    404 Commerce Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    404 Commerce Dr, Traverse City, MI 49685-5854

    $355,000
    Estimated value
    8,081 sqft 0.83 AC lot
    View details
    3234 Cass Rd
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3234 Cass Rd, Traverse City, MI 49684-8891

    $380,000
    Estimated value
    8,700 sqft 1.24 AC lot
    View details
    2550 Cass Rd
    COLLEGE, UNIVERSITY, VOC SCHOOL

    2550 Cass Rd, Traverse City, MI 49684-9149

    $540,000
    Estimated value
    15,200 sqft 4.11 AC lot
    View details
    1244 Carver St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    1244 Carver St, Traverse City, MI 49686-4350

    $460,000
    Estimated value
    15,000 sqft 1.99 AC lot
    View details
    3828 Blue Star Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3828 Blue Star Dr, Traverse City, MI 49685-8707

    $340,000
    Estimated value
    10,580 sqft 0.86 AC lot
    View details
    2889 Aero Park Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    2889 Aero Park Dr, Traverse City, MI 49686-8494

    $220,000
    Estimated value
    19,745 sqft
    View details
    2883 Aero Park Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    2883 Aero Park Dr, Traverse City, MI 49686-8494

    $595,000
    Estimated value
    10,480 sqft 1.08 AC lot
    View details
    2889 Aero Park Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    2889 Aero Park Dr, Traverse City, MI 49686-8494

    $335,000
    Estimated value
    19,745 sqft 1.47 AC lot
    View details
    2510 Aero Park Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    2510 Aero Park Dr, Traverse City, MI 49686-8495

    Value Estimation by Request
    18,264 sqft 2.16 AC lot
    View details
    2749 Aero Park Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    2749 Aero Park Dr, Traverse City, MI 49686-9101

    $445,000
    Estimated value
    8,572 sqft 2.11 AC lot
    View details

    Traverse City, MI Schools Market Trends and Statistics

    Explore 28 schools for sale in Traverse City, MI on our real estate platform. These investment opportunities span a total of 16,208 square feet of properties for sale, with an estimated market value of $3,500,000.

    Sale prices for school buildings & campuses in Traverse City, MI average $3,500,000 — 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

    NNN properties 18
    Aviation real estate 13
    Wedding venues 8
    Churches & religious facilities 3
    Day care centers 3

    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
    49696 $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)

    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 100,000+ square foot range.

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    Most Searched ZIP Codes in Traverse City, MI

    • 49696

    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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