Traverse City, MI Commercial Real Estate

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

94 Listings

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$725,000
423 S Union St
423 S Union St, Traverse City, MI
Property Type
Retail
Built in 2009

1,206 SF
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$12.00 - $22.00/SF/YR
Chase Bank Building
250 E Front St, Traverse City, MI
Space Type
Office
4 spaces

1,875 - 42,675 SF
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$532,000
1218 Boon St, Unit 3
1218 Boon Street, Unit 3, Traverse City, MI
Property Type
Other
Built in 2026

2,800 SF
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From $25/day

Space
Space
120 East Front Street, Loft 2, Traverse City, MI
Space Type
Desks
Space for up to 10 people
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$3,950.00 - $9,850.00/MO
274 N US Highway 31 S
274 N US Highway 31 S, Traverse City, MI
Space Type
Retail
3 spaces

3,904 - 8,025 SF
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$2,790,000
118 E Front St
118 E Front St, Traverse City, MI
Property Type
Retail
Built in 1900

9,045 SF
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$790,000
Retail Building Site
3560 Marketplace Cir, Traverse City, MI
Property Type
VacantLand
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$2,500,000
1212 W South Airport Rd
1212 W South Airport Rd, Traverse City, MI
Property Type
Retail
Built in 1977

61,502 SF
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$739,000
5746 Denali Dr
5746 Denali Dr, Traverse City, MI
Property Type
Other
Built in 2000

12,000 SF
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$24.00/SF/YR
137 Pine St, Unit 101
137 Pine St, Unit 101, Traverse City, MI
Space Type
Retail
1 space

2,971 SF
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$502,230
607 Randolph St Ste 101
607 Randolph St Ste 101, Traverse City, MI
Property Type
Office
Built in 2015

1,768 SF
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$610,000
232 E State St, Unit B
232 E State St, Unit B, Traverse City, MI
Property Type
Office
Built in 2025

2,034 SF
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$23.50/SF/YR
Retail Suite - Campus Plaza
1213 E Front Street, Traverse City, MI
Space Type
Retail
1 space

3,040 SF
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$13.00/SF/YR
4975 E Traverse Hwy
4975 E Traverse Hwy, Traverse City, MI
Space Type
Mixed Use
1 space

8,600 SF
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$16.00/SF/YR
250 E Front St
250 E Front St, Traverse City, MI
Space Type
Office
1 space

3,750 SF
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$22.00/SF/YR
232 E State St, Unit B
232 E State St, Unit B, Traverse City, MI
Space Type
Office
1 space

2,034 SF
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$532,000
1218 Boon St, Unit 1
1218 Boon Street, Unit 1, Traverse City, MI
Property Type
Other
Built in 2026

2,800 SF
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$11.50/SF/YR
2291 Traversefield Dr
2291 Traversefield Dr, Traverse City, MI
Space Type
Office
1 space

2,440 SF
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$650,000
Retail Bldg & Outdoor Sales Lot
981 W Blue Star Dr, Traverse City, MI
Property Type
Retail
Built in 2001

1,350 SF
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$854,000
232 E State St, Unit C
232 E State St, Unit C, Traverse City, MI
Property Type
Office
Built in 2025

2,849 SF
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$1,150,000
00 Mitten Dr
00 Mitten Dr, Traverse City, MI
Property Type
VacantLand
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$950,000
232 E State St, Unit A
232 E State St, Unit A, Traverse City, MI
Property Type
Office
Built in 2025

2,270 SF
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$12.00/SF/YR
250 E Front St
250 E Front St, Traverse City, MI
Space Type
Office
1 space

9,225 SF
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$145,000
TBD Zimmerman Rd
TBD Zimmerman Rd, Traverse City, MI
Property Type
VacantLand
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$398,000
830 Cottageview Dr
830 Cottageview Dr, Traverse City, MI
Property Type
Office
Built in 1885

1,731 SF
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$8.50/SF/YR
2360 W South Airport Rd
2360 W South Airport Rd, Traverse City, MI
Space Type
Industrial
1 space

10,560 SF
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$28.00/SF/YR
117 S Union St
117 S Union St, Traverse City, MI
Space Type
Retail
1 space

2,586 SF
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$8.50/SF/YR
2291 Traversefield Dr
2291 Traversefield Dr, Traverse City, MI
Space Type
Industrial
1 space

8,000 SF
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2 of 2
Price on request
Traverse City Retail - Garfield Township
1712 S. Garfield Ave, Traverse City (Garfield Township), MI
Space Type
Retail
1 space

2,926 SF
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$775,000
2883 Aero Park Dr
2883 Aero Park Dr, Traverse City, MI
Property Type
Industrial
Built in 1995

10,480 SF
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$2,400,000
Turn-Key Restaurant & Building
423 S Union St, Traverse City, MI
Property Type
Retail
Built in 1900

7,120 SF
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$14.57/SF/YR
Retail Suite
2506 Crossing Circle, Traverse City, MI
Space Type
Retail
1 space

2,112 SF
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$2,000,000
2500 Crossing Circle
2500 Crossing Circle, Traverse City, MI
Property Type
Retail
Built in 1999

3,618 SF
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$550,000
876 Robinwood Ct
876 Robinwood Ct, Traverse City, MI
Property Type
Industrial
Built in 1985

4,568 SF
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$16.00 - $24.00/SF/YR
600 E Front Street
600 E. Front Street, Traverse City, MI
Space Type
Office
2 spaces

1,498 - 2,255 SF
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$12.00/SF/YR
250 E Front St
250 E Front St, Traverse City, MI
Space Type
Office
1 space

42,675 SF
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$1,750,000
4050 Barnes Road, Traverse City, MI, 49684
4050 Barnes Rd, Traverse City, MI
Property Type
Other
Built in 1976

10,540 SF
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$2,400,000
PRIME MULTIUSER OFFICE BUILDING & DOWNTOWN DEVELOPMENT SITE
522 E Front St, Traverse City, MI
Property Type
Office
6,584 SF
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$16.00/SF/YR
1237 Hastings St
1237 Hastings St, Traverse City, MI
Space Type
Office
1 space

1,650 SF
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$20.50/SF/YR
400 W Front St
400 W Front St, Traverse City, MI
Space Type
Office
1 space

2,515 SF

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The Traverse City, MI Commercial Real Estate Market at a Glance

The commercial real estate market in Traverse City, MI includes commercial property of all types. To put it in numbers, there are 237,217 square feet of commercial space in 79 commercial properties across the city. If you are not familiar with commercial real estate in Traverse City, MI, below are a few essential aspects to consider in order to better understand the local market.

Commercial Space for Rent Opportunities in Traverse City, MI

You can search 61 commercial real estate space listing(s) currently available for rent in Traverse City, MI, which represents a total of 237,217 square feet. Leasing opportunities here include 15 office listing(s), 3 industrial and warehouse listing(s), 42 retail space listing(s), and more. Use the search filters at the top of the page and the interactive map to see location-specific advantages when looking for your next commercial space for lease in Traverse City, MI. You can conveniently reach out for more in-depth information using the contact form available on each listing.

Traverse City, MI Commercial Real Estate Listings for Rent

Property type No. of Listings Total Sq. Ft. Avg. Asking Rent

Office 17 272,966 N/A

Retail 38 1,025,341 $24.31

Industrial 7 58,266 N/A

Other 2 8,600 N/A

Looking to lease a particular type of commercial property? Visit our dedicated pages for office space for rent, retail spaces for lease, or warehouses for rent to view current listings and access more in-depth market stats.

What to Consider When Renting Commercial Real Estate in Traverse City, MI

If you are somewhat new to this process, a good place to start would be our quick guide to the differences between commercial property types, and some essential terms to know. Once you get the general idea of what a certain kind of space can offer you, it is essential to clarify what to prioritize among your business needs relating to the workspace you need to occupy and the location where you need it to be.

Not all decision factors can be clear-cut search filters and property categories, so the next step after doing a listing search for the type of property you need should be to reach out to the real estate brokers, as they are best positioned to fill in the blanks and help you secure the best commercial space lease for your needs.

Commercial Real Estate for Sale in Traverse City, MI

Those who are better served by owning instead of renting commercial property can also find options for sale here. Investment opportunities currently listed on the local market add up to a total of 49 commercial property for sale listing(s).

Depending on aspects such as location, market particularities, and property potential, office space can be transformed and adapted to accommodate a great variety of tenant businesses and institutions. Options of commercial real estate for sale in Traverse City include 7 office building for sale listing(s).

If your investment strategy is focused on warehousing, logistics, or similar property types, you’ll find 4 industrial real estate for sale listing(s) currently marketed in Traverse City.

Interested in retail property investment? The local market currently offers 23 retail space for sale listing(s), complete with essential listing details, property data, and broker contact information.

Traverse City, MI Commercial Real Estate Listings for Sale

Property type No. of Listings Total Sq. Ft.

Office 7 272,966

Retail 23 1,025,341

Industrial 4 58,266

Other 15 73,880

Shopping for a certain type of commercial property? Visit our dedicated pages for office property for sale, retail space for sale, or industrial real estate for sale to see what local investment opportunities are currently listed.

Buying Commercial Property in Traverse City, MI

When acquiring commercial property, you are likely to take into consideration some of the same factors that go into choosing a space to rent: location, size, configuration, the condition of the property, and costs. However, some aspects might be more relevant to consider when looking to buy property, such as: the zoning and what property improvements or transformations it allows; how flexible the property is in terms of repositioning or adaptive reuse improvements (some configurations lend themselves to transformation more easily than others); and what equity potential the investment might have.

Additionally, it is highly recommended that you enlist the expertise of professionals who are knowledgeable not only in the complexities of property acquisitions, but also in the untapped investment potential in their local markets.

Where You Are Most Likely to Find Commercial Space in Traverse City, MI

The best areas of the market may vary depending on the type of commercial real estate you are interested in, either for rent or for sale. For instance, while office properties and retail space are often located relatively close to each other, some industrial real estate tends to be zoned separately.

Find Commercial Real Estate Near Me

Whether you are looking to rent or to buy, you can easily find the right commercial space in your preferred location, with PropertyShark. Our interactive map navigation modes include the possibility to bring up listings in the area of your current map view, as well as the option to draw a polygon to determine an exact search area, and a radius tool with which you can search for listings around a particular point of interest. Reach out to property representatives to schedule a tour or request more information, using the quick contact tool available with each listing search result.