Traverse City MI Real Estate & Commercial for Sale

Industrial investment opportunity! This offering is for a sale-leaseback opportunity at a 9% CAP Rate. Building has undergone extensive upgrades and features over 40,000 SF with ceiling heights up to 24' and 22,000 SF with ceilings up to 20'. Building has newer fire suppression system, heavy duty electric, multiple truck wells and loading docks, lunch room, multiple bathrooms and 3-4 offices. Business will lease building back on NNN lease for 3 years with 1 year option.

This property is located at the SE corner of Division Street (US-31) and Third Street on the west side of Traverse City. Great location with high visibility! It currently has 8 units with a strong rental history. Zoned C-1 with R-3 District uses. Built in 1967, this office building has had various updates over the years including two new rooftop AC units and boiler in 2005, renovated common area and bathrooms in 2018. Professional landscaping and brand new exterior within the last few years.

THE ICONIC WURZBURG BUILDING IS NOW ON THE MARKET! Located on the most desirable 2 blocks of downtown Traverse City with over 9,000 SF between 3 floors. Handsome facade of natural wood with bay windows extended onto Front Street and a designated crosswalk in front of the building. The brick exteriors and interior add to the charm of this architectural gem. The brick interior walls could be rerevealed. With 10ft + ceilings it is prime for developing the upper floors. The full basement, not included in the 9045 SF, provides storage and space for mechanicals. There are (3) private parking spaces sitting behind the building. Ample parking exists behind the building in both metered lots and parking spaces. The space is zoned C-4Bfor commercial or residential use.

Large vacant parcel very close to town ready to be developed, with 215' of frontage on Cedar Run Road. Currently zoned R1 "" One-Family Residential. Next door property is zoned C-G General Commercial. 3.75 Acres with some wet lands. Rezoning has been discussed by Garfield Township but never pursued beyond initial discussion. May be possible to rezone the front leaving the back of the property residential.

Here is an opportunity to purchase and develop a large 0.63 Acre commercial parcel on US-31 at the gateway to beautiful downtown Traverse City, one of the country's most desirable Midwest locations. US-31 is the main East-West Corridor through the Grand Traverse Region, known for its beaches on crystal blue waters, wineries, breweries, restaurants and many outdoor activities. The property consists of three separate lots, two vacant and one with an existing office building remaining. The adjacent property is also available for sale for an additional 1.25 Acres of land that can be combined with this offering for a major development piece.

Invest in the land - not many Med density parcels left in East Bay township. Public Sewer and Natural Gas installed and public water across road. 5 acres of development potential in an area of condominiums and located just north of National Guard station. Zoning allows up to 40 units on this parcel. Current home on parcel has 4 bedrooms, 1 bath with older barn and garage. You can rent out after closing while you get your project designed and ready to build. This is an affordable investment in the future growth of East Bay Township.

Unique opportunity to purchase Ridgeback Stables, a beautiful, expansive equestrian center on 19+ acres just minutes from the Traverse City Horse Shows grounds and a short drive to Downtown Traverse City. The property includes three separate barns offering a wide range of features. The main barn features high-end finishes and includes 22 12x12 matted stalls, a wash bay & grooming area, 2 tack rooms (with 26 lockers in total), a bathroom, a climate-controlled lounge area, and a large hayloft. The upper barn features 12 stalls with a mattress flooring system, 2 wash bays, a tack room, and 2 RV hookups on the outside. The upper barn also features a large 80 x 180 indoor riding area. The lower barn includes 3 stalls and a large turnout area. 37 stalls in total, with multiple turnout pastures on this property. Great opportunity to build on the existing business and really maximize the commercial potential of this prime location. Also a great property to build your dream home and keep your horses in one of the nicest facilities in Northern Michigan. Don""t pass on this one!

Large warehouse/automotive building in industrial park close to town. Large site with over 2 acres and good parking/yard area. Building has 9 overhead doors for ease of access. 2 buildings connected with a breezeway. Ceiling heights are 18' and 16' to bottom of truss. There is a paint booth with make-up air, bake booth, mixing room, 60' spray booth & sand blasting booth which will be removed or could be purchased. Blue Star Drive will be resurfaced this summer/fall. Please do not talk to employees about sale of building. 3-phase electric and 240v. Pit for sand blast building could be used or filled in.

Prime white box office space of 1210 sq ft on the third floor of the Harbour View Centre. Bring your plans and build out your dream office space in this Class A building with high quality finishes and professional setting. Large windows provide for a lot of natural light and high ceilings make this space feel larger than it is. The western wall of windows provides views of West Grand Traverse Bay.

Once in a lifetime chance acquire a legacy property and 5-star business! This stately neo-classic revival property is looking for its next steward. The property is a piece of Traverse City's history, once owned by the son of a lumber baron, it fell into disrepair after the the lumber baron's family sold the property and left town. It was lovingly restored to its original grandeur by the current owners. The restoration process, which occurred from 1999 to 2003, took the full 4 years and multiple millions of dollars. It is being offered as a turnkey bed and breakfast business which boasts 9 bedrooms and 15 bathrooms plus a carriage house with two 2-bedroom apartments, each with a kitchen and washer/dryer. The original stables below are currently not utilized but could be converted to event space or more units. The total square footage of the house and carriage house including the unfinished portion of the basement and the lower level of the carriage house is: 15,918 square feet! Included in the sale are numerous period antiques and furnishings the most significant of which are detailed in the FFE list, to be attached to this listing as soon as it is completed. Also included in the sale are the web site, advertising materials, licenses and intellectual property. Words cannot do the property justice- it needs to be seen to be fully appreciated and allow at least an hour to fully take in all the details. This is an operating business- Please do not bother the workers or the guests. Direct all questions to the listing Broker. The property will likely be able to be financed with a combination of an SBA504 & SBA 7a if buyer income and credit qualifies. Commercial portfolio loans are an option as well. Note: Pro-forma cap rate-10.5%, ROI- 13.5% & cash-on-cash- 13.18% and still has substantial vacancy rate as new owners will need time to get it working like the well oiled machine it can be. Subsequent years after year one should improve.

The golden sand beach of this East Bay home will have you feeling like you""re on vacation every day. The 106"" of private shoreline rivals the region""s best resorts. You will love the unobstructed views up the length of East Grand Traverse Bay from this spacious and well maintained home. The main floor features an open floor plan with a fireplace, beamed ceiling, updated kitchen, and direct access to a large deck. Rounding off the main floor is a laundry room, three bedrooms, two baths, and a den. Entertaining and hosting guests will be easy "" upstairs you will find an additional kitchen, living area with fireplace, laundry room, two beds, and two baths. Large windows and glass doors on the water side of the home take full advantage of the views. This home is ideally situated on the east side of Traverse City and just a short drive to downtown, horse shows, Cherry Capital Airport, Old Mission Peninsula, and all that the region has to offer.

Investment opportunity! Located directly on West Grand Traverse Bay, the Gateway Building offers beautiful waterfront suites a minute from downtown Traverse City. Craftsman-style architecture and natural stone fa ade are complemented by an interior marked with Brazilian cherry trim, copper ceilings, and hardwood floors. The building consists of 11 Office Condos on first three floors and 2 Residential Condos on 4th floor. This Suite offers 7 offices, an entry reception area, a conference room, a kitchen breakroom area as well as breathtaking views of the Bay. Outside features include 460"" of private waterfront and patio area with dock, on-site parking, boat moorings, and the TART Trail only a few steps away. The Gateway Building is immediately north of the intersection of M-22 and M-72.

Income property in downtown Traverse City. Over 5,400 space SF of retail space, ideally located on E. Front Street in the heart of downtown. Metered parking to the North and South of property, and walking distance to Open Space and Clinch Park Marina. Great development opportunities with the ability to build up (potential views North of West Grand Traverse Bay.) There is also over 5,000 sf of lower level space ready to finish. Agent is a licensed Michigan Real Estate Agent

Prime commercial development parcel with approximately 115' of frontage on Front St just blocks from Downtown Traverse City. C-2 zoning allows for many possibilities including a mix of retail/commercial and residential units. Build up to three stories and take advantage of this highly visible piece of property.

Great Location for your Business just south of Chum's Corner. Zoning is CM which allows most any type of Business-Retail, Wholesale, Lite Industrial. Lot is 208' by 315' deep from Road Right of Way. The existing building is 40'x114', 4,560 S/F (plus a second floor, 40'x30' used for storage). Pole Bldg construction. 10' ceiling, 9' Overhead Door, shingle roof--the rear 1200 S/F space is insulated but not heated. Walls and ceiling are steel, one large office, show room area, otherwise all open areas, 1 bath. Natural Gas (no A/C). Lots of parking and/or room for Product display. Has Municipal water and municipal sewer is available-- private septic system. Remodeled in 2005. Front 3/4 new, metal roof on Oct 2023. Large site so this property lends itself to adding onto the existing building and or constructing a second Building.

1/4 mile west of M22/M72/Grandview Parkway intersection, office with possible residential component on second or third floor.

One level office building in a convenient location in Peninsula Business Park. Full foundation with secured storage in the full basement. NEW ROOF in 2022. Total of seven offices, six that share ensuite men's and women rest rooms and kitchenettes. The seventh office has its own kitchenette and rest room. All offices are metered separately for gas and electric. Plenty of parking plus the possibility of expansion. All offices are fully leased. Nice opportunity for investors or owner occupants.

Cass Commerce Center is over 31,000 sf of rentable space with excellent income from blend of both office and industrial users. Approximately 60% is office. 10.9 cap on fully leased income, even assuming 10% vacancy and management. Still provides a 10% return with $200,000 put toward improvements. 6.32 Acres for additional buildings or expansion. Two truck docks. 339 feet of direct frontage on Cass Road. Building equipped with central air and 3 phase power, 5 additional overhead doors, metal roof, huge paved & fenced parking lot. Great investment opportunity

MOTIVATED SELLER - MAKE AN OFFER PRICE REDUCED! Commercial development property. Great development opportunities exists with zoning and deed changes. Daily high traffic count. Located north of the Grand Traverse Mall and directly across from Walmart on South Airport Road. Zoned R-1b: One Family Res w/ Special Use Cond. - note Zoning Ord sec.313

Includes 13,515 Square Foot Auto Dealership Building. Built in 2001. Building includes retail showroom and private offices, two restrooms, conference room, and lounge. Center of building includes storage/parts area, 7 service bays plus 3 bay oil change area. 18' high. Also includes 1350 square foot basement, 1500 sf mezzanine, custom cabinetry, and fireplace. CH Commercial District. Property is located within an Opportunity Zone. Please ask about tax credits. This property offers an excellent retail opportunity located directly in front of both hotels (see attached diagram). Land for Sale or Build to Suit. Sale or Lease.

In Commercial Real Estate, it's all about location, location, location. There are only a few true marquee corners in a real estate market, and this is one of them. This 1.2 Acre property is located at the SW corner of E Front Street (US-31) and Garfield Road intersection. These two roads are both main feeder's that converge and funnel approx. 50,000 cars per day into Traverse City from the East and the South. Zoned C-3 Community Center District, this property has a multitude of allowable uses with a max building height of 45' and an 80% Impervious Surface maximum. Just a few minute walk or quick bike ride to West Grand Traverse Bay or Downtown Traverse City.

This well constructed professional office building is located in Copper Ridge, Traverse City's premier professional and medical office complex. The property consists of the entire mid-floor of the building, with shared access to the covered parking garage on the lower level for staff. The Copper Ridge development provides ample surface parking lots amid a beautifully landscaped campus. The building boasts beautiful views of the Traverse City valley to the east with gorgeous morning sunrises. The Suite is Condominium unit within the building and the Building belongs to a condominium structure that maintains the campus. The monthly association dues for the Suite is $3,905.33 per month.

Rare business opportunity INCLUDES Commercial real estate! 250"" of M-72 W road frontage only 5 minutes from West Grand Traverse Bay. This one-owner, residential/commercial outdoor power equipment business has operated continuously since 1979. An Independent ECHO Servicing Dealer, along with Briggs, Tecumseh, Kohler and LTC. Plus featuring parts/service and warranty on Husqvarna, Poulan, TROY-BILT, MTD and many others. Well established clientele, profitable, and highly sought-after Traverse City commercial real estate are several features of this exceptional offering. Over 4,600 total sq.ft., sits on 1.07 acres (additional adjoining parcel may be available); including a 750sq.ft one bed/one bath apartment above main retail area! Rent it out or run the biz and live in it; either way this is a MUST see business opportunity.

Gorgeous newer office building, located on 8 pristine acres with a large 32 space parking lot. The interior boasts cathedral ceilings, cherry trim throughout, and large bright windows. Perfectly maintained, and well equipped. Perfect for a dental or medical practice, insurance, attorney or any other professional office space. Long winding quiet road, set back off the beaten path, quiet and serene location. Look out the large windows at the wild life.

INVESTMENT OPPORTUNITY, this 2,300sf office suite has been converted to individual office suites each leased separately. The suite has a large reception area, 7 private offices, conference room, kitchen and a kitchenette and 2 private parking spaces in the parking garage. Copper Ridge offers convenience to the downtown business corridor and Munson Hospital without the chaos of being downtown with generous parking lots and gorgeous views.