The median home value in Traverse City, MI is $397,250
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 $397,250.
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.
Known as Old Mission Tavern. Full on resturant with small separate Gallery where art was produced. {4,400 Sq. ft. Resturant} (1260 Sq Ft Gallery) Liquor license with sunday sales. Call for full sales package. Confidential needs to be signed for Sales figures.
Known as Old Mission Tavern. Full on resturant with small separate Gallery where art was produced. {4,400 Sq. ft. Resturant} (1260 Sq Ft Gallery) Liquor license with sunday sales. Call for full sales package. Confidential needs to be signed for Sales figures.
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!
Note: This listing is for the business only, it does not include real estate. Established local gym franchise ANYTIME FITNESS is looking for a new owner! The only sweat being shed here is by the nearly 1k members pumping iron at this newly remodeled fitness hub. The business model, startup risk, training, and updating has all been done for you. Now, all you have to do is enjoy passive ownership (and maybe an occasional jaunt on the treadmill). This franchise location is: - Located and under lease in the East Bay Plaza (near Dunham's, Tom's, and Dollar Tree) along Traverse City's highly traveled US 31 corridor. - Fully compliant and updated according to all current franchise requirements. - Fresh, clean, and busy. Opened in 2013 and recently remodeled, it's comes with a loyal customer base and just under 1,000 members. - Teeming with potential for revenue growth through personal training services. __________________________________________________ INVESTMENT DISCLAIMER The information provided in this listing is for general informational purposes only and is subject to change. Prospective buyers are advised to conduct their own due diligence before making any investment decisions. The seller and listing agent make no representations or warranties regarding the accuracy or completeness of the information provided. All offers are subject to seller acceptance and formal agreement.
Note: This listing is for the business only, it does not include real estate. Established local gym franchise ANYTIME FITNESS is looking for a new owner! The only sweat being shed here is by the nearly 1k members pumping iron at this newly remodeled fitness hub. The business model, startup risk, training, and updating has all been done for you. Now, all you have to do is enjoy passive ownership (and maybe an occasional jaunt on the treadmill). This franchise location is: - Located and under lease in the East Bay Plaza (near Dunham's, Tom's, and Dollar Tree) along Traverse City's highly traveled US 31 corridor. - Fully compliant and updated according to all current franchise requirements. - Fresh, clean, and busy. Opened in 2013 and recently remodeled, it's comes with a loyal customer base and just under 1,000 members. - Teeming with potential for revenue growth through personal training services. __________________________________________________ INVESTMENT DISCLAIMER The information provided in this listing is for general informational purposes only and is subject to change. Prospective buyers are advised to conduct their own due diligence before making any investment decisions. The seller and listing agent make no representations or warranties regarding the accuracy or completeness of the information provided. All offers are subject to seller acceptance and formal agreement.
A versatile location with an eye on the future and West Bay! This 2,538 sq ft building with a 20 space parking lot offers new ownership an almost endless list of possibilities! The current office use is updated and well kept, featuring 2 conference rooms, ADA accessible half bathroom, kitchenette, and sizable reception/waiting area. Additionally there are 7 offices with 3 offering beautiful water views. The substantial basement provides excellent additional storage. Future options abound at this location! The building has 2 addresses/frontages leaving options open to reconfigure into multiple ventures! Furthermore, current zoning permits up to 4 stories. Imagine year round unobstructed views of West Bay! No matter your calling; this TC treasure is worth a look! The website www.traversecitymi.gov/government/city-departments/planning-and-zoning/ provides Traverse City zoning information. Shown by appointment only. Real estate only for sale; please do not approach business/employees occupying location about this listing.
A versatile location with an eye on the future and West Bay! This 2,538 sq ft building with a 20 space parking lot offers new ownership an almost endless list of possibilities! The current office use is updated and well kept, featuring 2 conference rooms, ADA accessible half bathroom, kitchenette, and sizable reception/waiting area. Additionally there are 7 offices with 3 offering beautiful water views. The substantial basement provides excellent additional storage. Future options abound at this location! The building has 2 addresses/frontages leaving options open to reconfigure into multiple ventures! Furthermore, current zoning permits up to 4 stories. Imagine year round unobstructed views of West Bay! No matter your calling; this TC treasure is worth a look! The website www.traversecitymi.gov/government/city-departments/planning-and-zoning/ provides Traverse City zoning information. Shown by appointment only. Real estate only for sale; please do not approach business/employees occupying location about this listing.
Incredible visibility for this site with over 700' on US-31 and unobstructed views of East Grand Traverse Bay. The site is 3.69 acres, has high traffic counts, and the Traverse Area Recreational Trail (TART) borders the entire back of the property for easy biking downtown. Existing businesses will move so the entire site can be redeveloped. Great opportunity for multi-family, hotel, restaurant, retail, office and more. Currently there are 3 buildings on the property with a combined square footage of 22,520. There are 4 driveways, plenty of parking and an outdoor playground. The existing buildings could be used as is, split into multiple businesses, added onto, or removed. Zoned Commercial Corridor allowing for mixed use development.
Incredible visibility for this site with over 700' on US-31 and unobstructed views of East Grand Traverse Bay. The site is 3.69 acres, has high traffic counts, and the Traverse Area Recreational Trail (TART) borders the entire back of the property for easy biking downtown. Existing businesses will move so the entire site can be redeveloped. Great opportunity for multi-family, hotel, restaurant, retail, office and more. Currently there are 3 buildings on the property with a combined square footage of 22,520. There are 4 driveways, plenty of parking and an outdoor playground. The existing buildings could be used as is, split into multiple businesses, added onto, or removed. Zoned Commercial Corridor allowing for mixed use development.
Fantastic opportunity! All the benefits of the city with nature are just a step away! This vacant parcel holds many possibilities! It provides high exposure with a sanctuary of beauty! MDot (Michigan Department of Transportation) traffic count is considered a high-traffic count corridor on this corner lot. It has an established ingress/egress off both Three Mile Road and South Airport. Both are public-maintained blacktop roads. This land is serviced by municipal water/sewer and natural gas. This level 2.5-acre lot is flanked to the south by Mitchell Creek, which is the third largest single tributary watershed to Grand Traverse Bay. It drains through approximately 16 square miles of land. The tributary originates adjacent to the Boardman River and is joined by numerous other small tributaries as it flows through East Bay and Garfield Townships and into East Grand Traverse Bay. The mouth of Mitchell Creek meets the beach area of Traverse City State Park. The creek flows through a mix of conifers and hardwoods, agricultural lands/open fields, lowland scrub, and finally, a moderately developed residential area before entering East Bay. Mitchell Creek Nature Preserve, just south on a 3-mile road, is a 128-acre tract of preserved land. It is essential for the health of the surrounding area because it helps filter out excess nutrients. It also assists in reducing seasonal flooding and water pollution. Finally, it provides an excellent habitat for many native species of birds, reptiles, fish, and plants. It is a popular local fishing venue that receives Steelhead migrations in the spring and Coho and Chinook Salmon migrations in the fall. Mitchell Creek generally has a sand and silt bottom, with some gravel areas. This secret gem is sure to catch your eye with its superb location and the oasis of nature that it provides... This parcel holds it all!
Fantastic opportunity! All the benefits of the city with nature are just a step away! This vacant parcel holds many possibilities! It provides high exposure with a sanctuary of beauty! MDot (Michigan Department of Transportation) traffic count is considered a high-traffic count corridor on this corner lot. It has an established ingress/egress off both Three Mile Road and South Airport. Both are public-maintained blacktop roads. This land is serviced by municipal water/sewer and natural gas. This level 2.5-acre lot is flanked to the south by Mitchell Creek, which is the third largest single tributary watershed to Grand Traverse Bay. It drains through approximately 16 square miles of land. The tributary originates adjacent to the Boardman River and is joined by numerous other small tributaries as it flows through East Bay and Garfield Townships and into East Grand Traverse Bay. The mouth of Mitchell Creek meets the beach area of Traverse City State Park. The creek flows through a mix of conifers and hardwoods, agricultural lands/open fields, lowland scrub, and finally, a moderately developed residential area before entering East Bay. Mitchell Creek Nature Preserve, just south on a 3-mile road, is a 128-acre tract of preserved land. It is essential for the health of the surrounding area because it helps filter out excess nutrients. It also assists in reducing seasonal flooding and water pollution. Finally, it provides an excellent habitat for many native species of birds, reptiles, fish, and plants. It is a popular local fishing venue that receives Steelhead migrations in the spring and Coho and Chinook Salmon migrations in the fall. Mitchell Creek generally has a sand and silt bottom, with some gravel areas. This secret gem is sure to catch your eye with its superb location and the oasis of nature that it provides... This parcel holds it all!
Amazing development and/or revitalization opportunity in central Traverse City! This high-visibility 1.58-acre property combines flexible zoning and 300' of frontage on the Boardman River for endless opportunities. Recreational uses surround this iconic property, including public access to the TART Trail and its new Boardman Lake Loop, the Boardman Lake Kayak Launch, with the backdrop of Medalie Park to the north and east and the Boardman River to the west. Currently, the property's various suites include former restaurants and active retail/office uses, with plenty of parking and some green space along the river. Zoning (Garfield Twp's C-G zoning) allows a wide variety of uses. Bring your ideas to this unique property and create a new Traverse City icon!
Amazing development and/or revitalization opportunity in central Traverse City! This high-visibility 1.58-acre property combines flexible zoning and 300' of frontage on the Boardman River for endless opportunities. Recreational uses surround this iconic property, including public access to the TART Trail and its new Boardman Lake Loop, the Boardman Lake Kayak Launch, with the backdrop of Medalie Park to the north and east and the Boardman River to the west. Currently, the property's various suites include former restaurants and active retail/office uses, with plenty of parking and some green space along the river. Zoning (Garfield Twp's C-G zoning) allows a wide variety of uses. Bring your ideas to this unique property and create a new Traverse City icon!
Incredible unobstructed views of Grand Traverse Bay from this prime development site on high traffic commercial cooridor with great visibility. Currently there is a 15,682 SF building on the property with 2 driveways and plenty of parking. The site is 1.5 acres. The TART trail runs along the back of the property and there is a large outdoor play structure on the property. This is a great redevelopment opportunity for retail, hospitality, restaurant, office, multi-family and more. The existing building could be used as is, split into multiple businesses, added onto, or removed. Land is zoned Commercial Corridor allowing for mixed use development. Size of existing building taken from tax record and to be confirmed by buyer.
Incredible unobstructed views of Grand Traverse Bay from this prime development site on high traffic commercial cooridor with great visibility. Currently there is a 15,682 SF building on the property with 2 driveways and plenty of parking. The site is 1.5 acres. The TART trail runs along the back of the property and there is a large outdoor play structure on the property. This is a great redevelopment opportunity for retail, hospitality, restaurant, office, multi-family and more. The existing building could be used as is, split into multiple businesses, added onto, or removed. Land is zoned Commercial Corridor allowing for mixed use development. Size of existing building taken from tax record and to be confirmed by buyer.
High Traffic Traverse City Location - Great investment opportunity to own a Commercial/Retail building with a long term tenants already established. Building has two rental units. Near Cherry Capital Airport. High traffic count location!
High Traffic Traverse City Location - Great investment opportunity to own a Commercial/Retail building with a long term tenants already established. Building has two rental units. Near Cherry Capital Airport. High traffic count location!
Bardons Wonder Freeze, a cherished Traverse City tradition since the 1950s. Situated at the prime corner of Front and Garfield, captivates both locals and visitors alike with average daily traffic count in excess of 53,000 cars- yes a day! With a proven history of revenue generation and community engagement, this corner store has become an iconic landmark, embodying the spirit of the little ice cream store that could. Now, as the current owners reluctantly bid farewell after four highly successful years, seize the opportunity to take over this turnkey operation equipped with modern amenities, numerous updates, and a strong return on investment. Real Estate and Business are both included in this sale. Zoning is zoned C-3. C-3 uses include C-2 uses and C-2 uses include C-1 uses.
Bardon's Wonder Freeze, a cherished Traverse City tradition since the 1950s. Situated at the prime corner of Front and Garfield, captivates both locals and visitors alike with average daily traffic count in excess of 53,000 cars- yes a day! With a proven history of revenue generation and community engagement, this corner store has become an iconic landmark, embodying the spirit of the little ice cream store that could. Now, as the current owners reluctantly bid farewell after four highly successful years, seize the opportunity to take over this turnkey operation equipped with modern amenities, numerous updates, and a strong return on investment. Real Estate and Business are both included in this sale. Zoning is zoned C-3. C-3 uses include C-2 uses and C-2 uses include C-1 uses.
Bardons Wonder Freeze, a cherished Traverse City tradition since the 1950s. Situated at the prime corner of Front and Garfield, captivates both locals and visitors alike with average daily traffic count in excess of 53,000 cars- yes a day! With a proven history of revenue generation and community engagement, this corner store has become an iconic landmark, embodying the spirit of the little ice cream store that could. Now, as the current owners reluctantly bid farewell after four highly successful years, seize the opportunity to take over this turnkey operation equipped with modern amenities, numerous updates, and a strong return on investment. Real Estate and Business are both included in this sale. Zoning is zoned C-3. C-3 uses include C-2 uses and C-2 uses include C-1 uses.
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