Commercial Real Estate for Sale 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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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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Sale Office

830 Cottageview Dr

830 Cottageview Dr, Traverse City, MI 49684

$348K
1,731 SF building

Charming office space in historic building 50 at the Village of Grand Traverse Commons. There are 2 entrances to the unit, 5 individual offices, reception area and a large open area that will accommodate many uses. There is a shared kitchenette at the entrance to the unit with fridge, microwave & coffee sink. 13' high ceilings and 8’ tall windows on both sides of the unit for lots of natural light. Overlooks the front lawn and back of the building. There is also shared use of the grand balconies. Exterior signage along Cottageview Drive. Elevator access, 2 public restrooms and shared parking. And best of all are the shops and restaurants in the lower level of the building and Village community.

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Sale RetailOther

3950 Alpha Blvd

3950 Alpha Blvd, Traverse City, MI 49685

$2.8M
4,050 SF building
1 ac

This fully stabilized car wash offers a strong blend of modern equipment, efficient operations, and reliable cash flow. The site sits along a high traffic corridor, AADT count of 24,154, with 300 feet of frontage on US 31, and it features 4 self service bays and 2 in bay automatic washes. The property is well suited for both experienced operators and passive investors looking for a low maintenance, high margin asset with dependable performance.Nearly all supporting equipment throughout the facility has been updated, including new automatic units, creating a turnkey operation with minimal near term capital needs. The upgraded systems, streamlined layout, and durable customer demand position the asset for consistent returns.For a full list of recent upgrades and equipment improvements, please see the marketing package. High traffic exposure with 300 feet of frontage on US 31Completely updated facilityLow maintenance, high margin asset suited for passive investorsAADT count of 24,154

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Sale Office

225 E Fourteenth St

225 E Fourteenth St, Traverse City, MI 49684

$2M
8,944 SF building
1 ac

Located on E Fourteenth Street in Traverse City, this offering sits on 0.9 acres and ample on-site parking. The property includes two connected buildings totaling 8,944 square feet: a 6,692 SF office building that was extensively remodeled in 2023, plus a 2,252 SF companion building. The contemporary exterior combines warm wood-tone cladding, dark metal paneling, and a full-height glass storefront entry with an ADA-accessible ramp. Inside, the open lobby has exposed black ceilings, wide-plank flooring, and walls of glass that fill the space with natural light. Glass-enclosed private offices, a conference room, and a collaborative bar-height work area make it a polished, move-in-ready setting, while the additional garage-door shop and storage space adds flexibility for a range of users. Turn-key, move-in ready, contemporary office spaceNewly remodeledOpen Floor plan with plenty of Natural lightAmple Parking

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