Commercial Real Estate in Traverse City, Michigan (MI)

Sale Hospitality

607 W Front St

607 W Front St, Traverse City, MI 49684

$1.6M
2,245 SF building
0 ac

Mid-Michigan Investors: Take a look at this irreplaceable, blue-chip asset located in the vibrant epicenter of downtown Traverse City. Situated at 607 West Front St, this fully remodeled 4-plex sits in a prime C-2 Commercial Zone, which provides excellent relief from the tight short-term rental caps that limit typical residential properties in town.The historic 1895 Victorian was extensively renovated top-to-bottom in 2021 with full city approvals. Every space has been thoughtfully styled and furnished to maximize layout functionality.The building breakdown includes:-Unit 1: 1 Bed / 1 Bath-Unit 2: 2 Bed / 1 Bath-Unit 3: Upper 1 Bed / 1 Bath-Unit 4: 1 Bed / 1 BathX-FACTOR LAYOUT: Two units feature built-in Murphy beds, and all units include full-size, pull-out sofas. You can open up the internal connecting doors to transform the entire building into one massive rental configured to sleep up to 24 people across 12 beds. It is an ideal setup for large vacation groups. Just a short walk to the beach or hospital.COMMERCIAL POTENTIAL: The flexible C-2 zoning allows for a wide array of potential uses, including premium offices, boutique retail, or corporate housing. Under local zoning, there is potential for vertical expansion up to 45 feet, offering a strong opportunity to unlock upper-story bay views due to the property's elevated site layout. Buyers to verify all specific development plans with local planning departments. Take a look at this irreplaceable, blue-chip asset located in the vibrant epicenter of downtown Traverse City. Situated at 607 West Front St, this fully remodeled 4-plex sits in a prime C-2 Commercial Zone, which provides excellent relief from the tight short-term rental caps that limit typical residential properties in town.The historic 1895 Victorian was extensively renovated top-to-bottom in 2021 with full city approvals. Every space has been thoughtfully styled and furnished to maximize layout functionality.

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Lease Office

700 E Hammond, Ste 400

700 E Hammond Rd, Traverse City, MI 49686

$16 SF/year
3,192 SF
73,476 SF building
21 ac

This Class A Professional office building provides multiple office configurations. The office space is Located off Hammond Road in East Bay Township in the Auto-Owners Insurance Regional HQ building just south of Downtown and the Airport. The property is beautifully landscaped and the site provides ample parking for employees and clients. The lease rate is a modified gross rate with the tenant paying rent plus a $2.05/SF utility charge. The Owner may consider a partial build-out allowance for any lease with a term of 5 years or longer.

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Lease Office

130 S Union St-Sublease

130 S Union St, Traverse City, MI 49684

$16 SF/year
5,000 SF
15,540 SF building
0 ac

This Class A Professional Office Building is located in the Central Business District ofTraverse City, MI just blocks away from the shores of Lake Michigan. The 15,540 SFbuilding consists of three separate floors which contain private offices, large openworkspace areas, board room, conference rooms, kitchenettes, and restrooms on each floor. The building sits prominently at the NW corner of Union St. and State St. Parking is a mix of public on-street parking, private onsite parking, and city surface lot permit parking. This offering is for a NNN sublease of the space through 2/29/2028. Tenant shall be responsible for all utilities, which will be paid directly to the utility companies. The estimated NNN expenses are $7.36/SF.

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Sale/Lease Retail

423 S Union St

423 S Union St, Traverse City, MI 49684

$1.7M
$25 SF/year
7,120 SF
7,120 SF building
0 ac

Traverse City’s most iconic Old Town neighborhood restaurant—formerly home to Blue Tractor restaurant and once the historic Dill’s Old Towne Saloon, this exceptional restaurant and bar space offers a rare combination of history, character, location and capacity. With seating for over 200 guests, the property is designed for high-volume dining and entertainment. The main level features an inviting dining room and bar area with fireplace, complemented by two spacious outdoor patios perfect for seasonal service. A rooftop bar provides additional outdoor seating for summer evenings and private events. The large, fully equipped kitchen includes three commercial hoods, ideal for accommodating multiple cooking lines and catering operations. Additional features include ample basement storage, well-maintained restrooms, and thoughtfully designed back-of-house areas that support smooth service flow. Adjacent to the Old Town parking deck for plenty of parking capacity. Offered at $2 million for the real estate plus $400,000 for the Class C liquor license, furniture, fixtures, and equipment, this turn-key property is ready for its next chapter. Whether you’re envisioning a lively brewpub, an upscale dining destination, or a multi-level entertainment venue, this property delivers the space, infrastructure, and location to make it happen. Also available for lease

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Sale Retail

Walgreens - Traverse City, MI

3900 US Hwy 31 S, Traverse City, MI 49685

$5.3M
14,748 SF building

70th Percentile Walgreen's Store, Per Placer.aiSurging Sales Growth, +7.07% YoY, +12.5% Over The Last Two YearsAcross The Street From The #1 Meijer Store In The System, Per Pacer.aiRobust Retail Corridor With Dozens Of National Retailers Surrounding The Property2004 Build To Suit14,748 Square Foot Free-Standing Building With A Drive-ThruLarge 4.2 Acre SiteStrong Visibility To Over 25,000 VPDTraverse City, MI MSA Boasts A Population Of Over 157,000 PeopleTraverse City was Voted Top 10 Best Places to Go in 2025 by the Wall Street JournalFee Simple Offering (Land And Building)

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Lease Office

812 S Garfield Ave, Ste D

812 S Garfield Ave Ste D, Traverse City, MI 49686

$400 Month
110 SF
3 ac

Second floor individual office in a central Traverse City location on Garfield Ave. Located in the Garfield Courts office complex with professional on-site management. Convenient to shared coffee area and restrooms. Move-in ready with ample parking. Gross lease includes all charges other than phone, internet and janitorial. Central LocationProfessional On-Site ManagementMove-In Ready

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