Traverse City, MI Schools for Sale

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Updated: Apr 27

Retreat and Wedding Venue Property

55 S Hope Ridge, Traverse City, MI 49696

$3,500,000

16,208 sqft 40.76 AC lot

40‑acre property just 8 minutes from downtown Traverse City
8 homes totaling over 16,000 SF
4 large barns on the property
Holds capacity for over 60 guests
Water from private well; sewer via shared septic

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This listing looks promising.

Here's a quick look at some key insights for

55 S Hope Ridge, Traverse City, MI 49696-5928

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Est. Cap Rate

3.5%
NOI ÷ price
Est. NOI

$122K
Annual
Price @ 7% Cap

$1.74M
Suggested
Property Type

Vacant Commercial
Built 1989

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Based on your search, we've compiled 36 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, 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.

Private Northern Michigan Campus

3943 N Skookum Road, Luther, MI 49656

$6,200,000

22,755 sqft 668.82 AC lot

Private campus with a 12,500-square-foot lodge, multiple residential buildings, trails, and a private lake.

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Private Retreat Campus with Private Lake

3943 N Skookum Road, Luther, MI 49656

$6,200,000

22,755 sqft 670.00 AC lot

Private campus with a lodge, guest suites, multiple residential buildings, trails, and a 45–50 acre lake for program uses.

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Retail

604 Sullivan, Prudenville, MI 48651

$325,000

32,770 sqft

Schools · 32,770 SF

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Former School Redevelopment Opportunity

604 Sullivan Avenue, Prudenville, MI 48651

$325,000

32,770 sqft

32,770 SF former school for commercial/residential redevelopment in Prudenville.

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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.

Northville Commercial Land For Sale

41628 6 Mile Road, Northville, MI 48168

$498,500

0.85 AC lot

Commercially zoned 0.85-acre lot in Northville Township.

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Detroit Land for Residential Development

2190 Philip Street, Detroit, MI 48215

Contact for pricing

0.07 AC lot

Vacant land suitable for residential or community-based development.

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Cross Plains Land Opportunity

L12 Lindale Drive lot: 12, Cross Plains, WI 53528

$179,900

0.32 AC lot

Land for sale in proposed golf course community.

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Cantera Business Park Land Opportunity

28301 Ferry Rd, Warrenville, IL 60555

$9,250,000

161,209 sqft 19.00 AC lot

19-acre site in Cantera Business Park, Warrenville, IL.

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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.