The median home value in Traverse City, MI is $407,500.
This is
higher than
the county median home value of $160,000.
The national median home value is $308,980.
The average price of homes sold in Traverse City, MI is $407,500.
Approximately 55% of Traverse City homes are owned,
compared to 36% rented, while
10% are vacant.
Traverse City real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Traverse City real estate agent to arrange a tour today!
Learn more about Traverse City.
Introducing a prime commercial real estate opportunity near Chums Corners. Situated in an established and thriving area for businesses, this vacant property is strategically positioned to attract a substantial customer base. One of the key advantages is its utility infrastructure already in place including water, electricity, and sewer connections; you can save valuable time and resources in construction preparations. This turnkey aspect of the property allows for a streamlined development process, enabling you to focus on your business goals. Furthermore, the surrounding area's reputation as a well-established commercial hub ensures a supportive and prosperous environment for a wide range of enterprises. Join a diverse community of successful businesses and tap into the existing customer base that frequents the area. Whether you envision a retail outlet, restaurant, office space, or any other commercial endeavor, this lot is ready for your vision to come to life. Don't miss this incredible opportunity to secure a prime commercial real estate space in Traverse City. Start building your dreams today!
Newer BUSINESS/Storage Complex approx. 7 miles from Grandview Parkway in Traverse City, just one block off 31/37 S, built in 2022. UNIT 12 offers finished 1/2 bath, extra electrical, 12 X 14 foot door, vinyl siding, cedar trim and steel interior walls. This very unique space can be adapted to various business needs in addition to storage.
Newer BUSINESS/Storage Complex approx. 7 miles from Grandview Parkway in Traverse City, just one block off 31/37 S, built in 2022. UNIT 12 offers finished 1/2 bath, extra electrical, 12 X 14 foot door, vinyl siding, cedar trim and steel interior walls. This very unique space can be adapted to various business needs in addition to storage.
Introducing a prime commercial real estate opportunity near Chums Corners. Situated in an established and thriving area for businesses, this vacant property is strategically positioned to attract a substantial customer base. One of the key advantages is its utility infrastructure already in place including water, electricity, and sewer connections; you can save valuable time and resources in construction preparations. This turnkey aspect of the property allows for a streamlined development process, enabling you to focus on your business goals. Furthermore, the surrounding area's reputation as a well-established commercial hub ensures a supportive and prosperous environment for a wide range of enterprises. Join a diverse community of successful businesses and tap into the existing customer base that frequents the area. Whether you envision a retail outlet, restaurant, office space, or any other commercial endeavor, this lot is ready for your vision to come to life. Don't miss this incredible opportunity to secure a prime commercial real estate space in Traverse City. Start building your dreams today!
Introducing a prime investment opportunity in Elmwood Charter Township, MI. This impressive building is ideally situated in a high-demand area for office and office building investment, offering a strategic location for businesses seeking to establish or expand their presence. With close proximity to downtown and local amenities, this is a rare chance to capitalize on a burgeoning Elmwood Twp. market. Whether you're looking to enhance your commercial portfolio or secure a strategic business location, this property presents a compelling opportunity for office and office building investors. Furniture is included.
Unique opportunity to purchase the iconic Milliken Medical property located right next to Munson Medical Center in the heart of Traverse City's hospital district. Featuring over 17,500 SF on approximately 0.91 acres, with an additional 0.45 acre parking lot parcel right down the street included as well (1.36 acres in total). This property is perfect for continued medical office use, multi-family redevelopment, or any number of other options allowed under the coveted H-1 zoning. The first floor of the building is approximately 11,955 SF and features numerous exam rooms & offices, waiting and reception areas, 6 restrooms, and a beautiful courtyard in the center of the building. The second floor is approximately 5,585 SF in total and features 4 medical office suites with a dedicated restroom in each suite. The membrane roof is approximately 5 years old. Two elevators servicing building and two large parking lots accommodating up to 84 vehicles in total between two parcels. Two separate basements total an additional 9,000 SF providing great storage space.
Unique opportunity to purchase the iconic Milliken Medical property located right next to Munson Medical Center in the heart of Traverse City's hospital district. Featuring over 17,500 SF on approximately 0.91 acres, with an additional 0.45 acre parking lot parcel right down the street included as well (1.36 acres in total). This property is perfect for continued medical office use, multi-family redevelopment, or any number of other options allowed under the coveted H-1 zoning. The first floor of the building is approximately 11,955 SF and features numerous exam rooms & offices, waiting and reception areas, 6 restrooms, and a beautiful courtyard in the center of the building. The second floor is approximately 5,585 SF in total and features 4 medical office suites with a dedicated restroom in each suite. The membrane roof is approximately 5 years old. Two elevators servicing building and two large parking lots accommodating up to 84 vehicles in total between two parcels. Two separate basements total an additional 9,000 SF providing great storage space.
Own a one-of-a-kind property and very well equipped building for office, agricultural or other uses with lots of great features in Southern Leelanau County, and very close to Traverse City. Much of the building has been recently remodeled - there's limited commercial use possible, or agricultural zoning rules apply. As a partial two-story building with steel i-beam construction, three bathrooms, offices, and big clean warehouse space, it's easy to have separate spaces leased to tenants, or an owner could use some and rent others. The building has an all new interior and is downright sharp! On the exterior, the driveway was just redone, the septic and well systems are updated, there's a security system in place, large 14 foot doors, and a very useful and very rare loading dock right next to the building as well. This is a great setup for many different uses, and LAND CONTRACT options are available too!
Own a one-of-a-kind property and very well equipped building for office, agricultural or other uses with lots of great features in Southern Leelanau County, and very close to Traverse City. Much of the building has been recently remodeled - there's limited commercial use possible, or agricultural zoning rules apply. As a partial two-story building with steel i-beam construction, three bathrooms, offices, and big clean warehouse space, it's easy to have separate spaces leased to tenants, or an owner could use some and rent others. The building has an all new interior and is downright sharp! On the exterior, the driveway was just redone, the septic and well systems are updated, there's a security system in place, large 14 foot doors, and a very useful and very rare loading dock right next to the building as well. This is a great setup for many different uses, and LAND CONTRACT options are available too!
Possibilities Limited only by Garfield Township C-G General Commercial Zoning ! Example: Vehicle Service Center, Vehicle Dealerships, Essential Services Facility, Retail, Wholesaler! Building includes 4 offices, 12 and 16 foot ceilings and overhead doors, Tons of outdoor parking, storage areas and interior workshop areas. Highly visible 150 feet of N US 31 South Frontage and Signage
Possibilities Limited only by Garfield Township C-G General Commercial Zoning ! Example: Vehicle Service Center, Vehicle Dealerships, Essential Services Facility, Retail, Wholesaler! Building includes 4 offices, 12 and 16 foot ceilings and overhead doors, Tons of outdoor parking, storage areas and interior workshop areas. Highly visible 150 feet of N US 31 South Frontage and Signage
LOCATION, LOCATION, LOCATION" proximity to Eastside, Westside, Downtown/North and South are unbeatable! EXCEPTIONAL traffic count and prominent road visibility! Nice tenant mix of professional office space. GREAT site for INVESTOR LANDLORD owner or PERFECT fit for an OWNER OCCUPANT, with room to grow while collecting rent (and flexibility exists with timeframe on occupying). Site has great possibilities, in exciting developing corridor. Vibrant area with a lot of positives and possibilities. Possible site for additional development. Property is situated on corner lot with wonderful road exposure and great parking. Start your day with views of Boardman Lake from the lot; several offices also have beautiful nature views. Building boast of fresh finishes, several new mechanical units and other recent upgrades.
LOCATION, LOCATION, LOCATIONproximity to Eastside, Westside, Downtown/North and South are unbeatable! EXCEPTIONAL traffic count and prominent road visibility! Nice tenant mix of professional office space. GREAT site for INVESTOR LANDLORD owner or PERFECT fit for an OWNER OCCUPANT, with room to grow while collecting rent (and flexibility exists with timeframe on occupying). Site has great possibilities, in exciting developing corridor. Vibrant area with a lot of positives and possibilities. Possible site for additional development. Property is situated on corner lot with wonderful road exposure and great parking. Start your day with views of Boardman Lake from the lot; several offices also have beautiful nature views. Building boast of fresh finishes, several new mechanical units and other recent upgrades.
LOCATION, LOCATION, LOCATIONproximity to Eastside, Westside, Downtown/North and South are unbeatable! EXCEPTIONAL traffic count and prominent road visibility! Nice tenant mix of professional office space. GREAT site for INVESTOR LANDLORD owner or PERFECT fit for an OWNER OCCUPANT, with room to grow while collecting rent (and flexibility exists with timeframe on occupying). Site has great possibilities, in exciting developing corridor. Vibrant area with a lot of positives and possibilities. Possible site for additional development. Property is situated on corner lot with wonderful road exposure and great parking. Start your day with views of Boardman Lake from the lot; several offices also have beautiful nature views. Building boast of fresh finishes, several new mechanical units and other recent upgrades.
LOCATION, LOCATION, LOCATIONproximity to Eastside, Westside, Downtown/North and South are unbeatable! EXCEPTIONAL traffic count and prominent road visibility! Nice tenant mix of professional office space. GREAT site for INVESTOR LANDLORD owner or PERFECT fit for an OWNER OCCUPANT, with room to grow while collecting rent (and flexibility exists with timeframe on occupying). Site has great possibilities, in exciting developing corridor. Vibrant area with a lot of positives and possibilities. Possible site for additional development. Property is situated on corner lot with wonderful road exposure and great parking. Start your day with views of Boardman Lake from the lot; several offices also have beautiful nature views. Building boast of fresh finishes, several new mechanical units and other recent upgrades.
Two contiguous development parcels in the heart of downtown Traverse City. Situated in the 400 Block of S. Union in Old Town TC these parcels have onsite parking and are 1/2 block from the city run Old Town parking deck. A full 100 feet of street frontage in a C-2 development district they are ready for your commercial-residential development. Surrounded by dining, retail, banking, and a major downtown pharmacy this site is waiting for residential community housing.
Two contiguous development parcels in the heart of downtown Traverse City. Situated in the 400 Block of S. Union in Old Town TC these parcels have onsite parking and are 1/2 block from the city run Old Town parking deck. A full 100 feet of street frontage in a C-2 development district they are ready for your commercial-residential development. Surrounded by dining, retail, banking, and a major downtown pharmacy this site is waiting for residential community housing.
If you are looking for a commercial location that is centrally located in Traverse City, in a bustling strip mall complex, close to the airport, sports venues, near multiple new housing complexes, with an average 21,000 cars passing by every day, look no further. The building is 5,133 square feet making it perfect for multiple uses including restaurant, micro brewery, amusement/recreation services, equipment rental, medical services, finance services, pet boarding/grooming, repair services and much more. Inside, you'll find a fully equipped kitchen, booths, tables, chairs, bar area, banquet space and outside patio. The sale also comes with a class C liquor license. The building has a capacity of 190 people. Schedule a tour today.
If you are looking for a commercial location that is centrally located in Traverse City, in a bustling strip mall complex, close to the airport, sports venues, near multiple new housing complexes, with an average 21,000 cars passing by every day, look no further. The building is 5,133 square feet making it perfect for multiple uses including restaurant, micro brewery, amusement/recreation services, equipment rental, medical services, finance services, pet boarding/grooming, repair services and much more. Inside, you'll find a fully equipped kitchen, booths, tables, chairs, bar area, banquet space and outside patio. The sale also comes with a class C liquor license. The building has a capacity of 190 people. Schedule a tour today.
This 2.3 Acre vacant parcel is uniquely located adjacent to the airport in an established Commercial Business Park. Located in the desirable Aero Park development, the property is equipped with public utilities and roads. A location close to the airport and downtown Traverse City significantly increases the desirability and value of this commercial property.
This 2.3 Acre vacant parcel is uniquely located adjacent to the airport in an established Commercial Business Park. Located in the desirable Aero Park development, the property is equipped with public utilities and roads. A location close to the airport and downtown Traverse City significantly increases the desirability and value of this commercial property.
Gain incredible exposure for your business, or purchase this property and renovated building within highly-coveted HR zoning in downtown Traverse City! The building is nicely remodeled with two private office spaces with potentially separate entrances and bathroom - it is very well lit, and completely remodeled from top to bottom including new wood flooring, new drywall, new trim, new windows, new parking lot, new bathrooms, and more. HR zoning allows for lots of development possibilities including lodging, multifamily residential, restaurants, and more. This location along US-31 in downtown Traverse City is very rare to find, with very high traffic counts but also easy pedestrian access to the Civic Center, Bryant Park beach, and downtown Traverse City. It's a great setup!
The Fresh Coast Market is a Nationally Award Winning Market, Deli and Coffee shop located between Downtown Traverse City and Long Lake and across the Street from National Award winning Moomer's Ice Cream. The Fresh Coast Market offers 200 Michigan Made products. Fresh Coast Market has significant opportunities to expand their exclusive food production capacities for salads, sandwiches and takeout. This offering is a sale/leaseback at a 10% CAP for the real estate only. The seller is offering the sale/leaseback on a 5-year lease with a 5-year Option. The Business and property combined is also available for $2,400,000.
Welcome to this remarkable property that offers endless possibilities. Enjoy the Grandfathered R1b zoning perfect for an office or retail space. Located in the heart of Traverse City, this property benefits from excellent visibility and accessibility. The open layout of the building is perfect for setting up offices or a retail store. With the full kitchen, Bedrooms and 1.5 baths, You could even live on site while running your business. The possibilities are endless! This is a must see for anyone looking for a new location for the business! This type of property does not come available very often!
Welcome to this remarkable property that offers endless possibilities. Enjoy the Grandfathered R1b zoning perfect for an office or retail space. Located in the heart of Traverse City, this property benefits from excellent visibility and accessibility. The open layout of the building is perfect for setting up offices or a retail store. With the full kitchen, Bedrooms and 1.5 baths, You could even live on site while running your business. The possibilities are endless! This is a must see for anyone looking for a new location for the business! This type of property does not come available very often!