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    Traverse City, MI Wedding Venues for Sale

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    Cedar, MI Williamsburg, MI Acme, MI
    Event Center with On-Site Residence
    $1,399,000
    3,640 SF
    Event Center with On-Site Residence

    1776 High Lake Road, Traverse City, MI 49696

    Renovated gathering hall with seating for 120 and an on-site residence on about five acres.
    • Event center offering Pine Hall with a 3,640 SF gathering hall
    • Main hall seats 120, with an additional Spruce Room rated for 28
    • 3+ BR, 2 BA residence included, plus 5 acres of land
    • Modern renovated venue with forced air heating and central air cooling
    • Roof is asphalt; basement is available
    Updated: Jun 10
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    Versatile Traverse City Acreage Opportunity
    $3,500,000
    16,208 SF
    Versatile Traverse City Acreage Opportunity

    55 S Hope Ridge, Traverse City, MI 49696

    40-acre property near Traverse City ideal for various ventures.
    • 40‑acre property just 8 minutes from downtown Traverse City
    • Eight homes totaling over 16,000 square feet
    • Four large barns included
    • Capacity to hold over 60 guests
    • Ideal for destination wedding venue, retreat center, boutique resort, private school, or family compound
    Updated: Apr 27
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    Traverse City 40-Acre Estate
    $3,500,000
    15,383 SF
    Traverse City 40-Acre Estate

    40-acre Traverse City property ideal for residential or commercial ventures.

    55 S Hope Ridge, Traverse City, MI 49696

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Turnkey Restaurant, Retail, Event Center
    $595,000
    6,850 SF
    Turnkey Restaurant, Retail, Event Center

    Three buildings on 2.25 acres with high visibility and expansion potential.

    916 S Mitchell Street, Cadillac, MI 49601

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    Waterfront Multi-Use Investment Opportunity
    $4,999,000
    19,845 SF
    Waterfront Multi-Use Investment Opportunity

    Prime 3.4-acre property with waterfront, venue, warehouse, rentals, and retail.

    204 Water, East Jordan, MI 49727

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    Cadillac Commercial Property with Event Center
    $595,000
    4,000 SF
    Cadillac Commercial Property with Event Center

    Three buildings on 2.25 acres with event center.

    916 S Mitchell Street, Cadillac, MI 49601

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    Waterfront Multi-Use Investment Opportunity
    $4,999,000
    3.40 Acres
    Waterfront Multi-Use Investment Opportunity

    3.4 acres with waterfront, venue, warehouse, rentals, and retail.

    220 Water Street, East Jordan, MI 49727

    View details

    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.

    Spectacular Acreage with Panoramic Views
    $2,900,000
    100.18 Acres
    Spectacular Acreage with Panoramic Views

    Park-like property with bay views, shared lake frontage.

    0 Timberlee Drive, Traverse City, MI 49684

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    Scenic Land Parcel in Sturgeon
    $400,000
    3.49 Acres
    Scenic Land Parcel in Sturgeon

    East-facing land with seasonal water views and development potential.

    N Duluth Ave, Sturgeon Bay, WI 54235

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    Vacant Land Near Water Feature
    $499,000
    3.85 Acres
    Vacant Land Near Water Feature

    3.85 acres of commercial land with development potential.

    890 Avis Dr, Ann Arbor, MI 48108

    View details
    Galena Land For Sale
    $252,000
    1.75 Acres
    Galena Land For Sale

    1.75 acres in Galena, Illinois, near Gateway Park.

    US Rt 20 W lot: 3, Galena, IL 61036

    View details

    Traverse City, MI Wedding Venues Investment Opportunities Market Analysis

    Explore 3 wedding venues for sale in Traverse City, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,383 square feet of properties for sale, with an estimated market value of $3,500,000.

    Sale prices for event centers in Traverse City, MI start at $3,500,000, averaging $3,500,000, and reaching up to $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

    Aviation real estate 6
    NNN properties 5
    Churches & religious facilities 4
    Day care centers 4
    Marinas 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
    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

    Office

    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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