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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$25.00/SF/YR
423 S Union St
423 S Union St, Traverse City, MI
Space Type
Retail
1 space

7,120 SF
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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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$1,025.00/MO
806 Hastings St
806 Hastings St, Traverse City, MI
Space Type
Office
1 space

540 SF
1 of 1
$5,300,000
Walgreens - Traverse City, MI
3900 N US Highway 31 S, Traverse City, MI
Property Type
Retail
Built in 2004

14,748 SF
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$15.95/SF/YR
Auto-Owners Insurance Building
700 E Hammond Road, Traverse City, MI
Space Type
Office
1 space

3,192 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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$775,000
Warehouse & Office Building
2883 Aero Park Drive, Traverse City, MI
Property Type
Industrial
Built in 1995

10,480 SF
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$2,950,000
123 S Union St
123 S Union St, Traverse City, MI
Property Type
Retail
Built in 1900

20,000 SF
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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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$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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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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$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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$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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$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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$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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Price on request
1288 W. South Airport Rd.
1288 W. South Airport Rd., Traverse City, MI
Space Type
Retail
1 space

1,361 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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$1,138,200
137 Pine St, Unit 101
137 Pine St, Unit 101, Traverse City, MI
Property Type
Retail
Built in 2026

3,794 SF
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$26.00/SF/YR
135 Pine St, Unit 101
135 Pine St, Unit 101, Traverse City, MI
Space Type
Retail
1 space

1,743 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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$2,500,000
K-1 Speed
1212 West South Airport Road, Traverse City, MI
Property Type
Retail
61,502 SF
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$8.50/SF/YR
Showroom & Warehouse Space
2360 W South Airport Road, Traverse City, MI
Space Type
Industrial
1 space

10,560 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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$799,000
207 E Front St
207 E Front St, Traverse City, MI
Property Type
Retail
Built in 1900

1,632 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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$899,000
204 E Front St
204 E Front St, Traverse City, MI
Property Type
Retail
Built in 1873

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

3,618 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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$145,000
TBD Zimmerman Rd
TBD Zimmerman Rd, Traverse City, MI
Property Type
VacantLand
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$24.00/SF/YR
141 W Front St, Unit 101
141 W Front St, Unit 101, Traverse City, MI
Space Type
Retail
1 space

2,578 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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$20.00/SF/YR
161 E Front St
161 E Front St, Traverse City, MI
Space Type
Retail
1 space

4,240 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

16,725 SF
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$875,000
1499 Business Park Dr
1499 Business Park Dr, Traverse City, MI
Property Type
Office
Built in 2003

5,000 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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$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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$773,400
141 W Front St, Unit 101
141 W Front St, Unit 101, Traverse City, MI
Property Type
Retail
Built in 2026

2,578 SF
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$4,260,000
Old Mission Inn
18599 Mission Rd, Traverse City, MI 49686, Traverse City, MI
Property Type
Other
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$12.00/SF/YR
250 E Front St
250 E Front St, Traverse City, MI
Space Type
Office
1 space

7,500 SF

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Traverse City, MI Commercial Real Estate Market Overview: Key Trends & Insights

Traverse City has 383,498 square feet of commercial real estate inventory as of 2026. This inventory is distributed across nearly 100 properties.

This overview provides a snapshot of the Traverse City commercial sector, highlighting the most important aspects and trends to guide you through the local landscape, whether you are looking to lease or invest in local CRE assets.

Commercial Space for Rent in Traverse City, MI

Based on the latest estimates, Traverse City, MI offers almost 100 commercial listings for lease, totaling about 383,498 square feet.

Current leasing options comprise 17 office listings, which represent approximately 45.95% out of the total leasing inventory. There are also 4 industrial and warehouse listings, making up 10.81% of the total. Additionally, 16 retail listings make up 43.24% of the local leasing market. These types are supplemented by 2 listings for lease belonging to other commercial types.

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

Office 17 213,233 N/A

Retail 16 1,028,509 $24.31

Industrial 4 58,692 N/A

Other 2 8,600 N/A

Commercial Real Estate for Sale in Traverse City, MI

As of 2026, Traverse City, MI has a total of 52 commercial real estate properties for sale.

This inventory includes 7 office assets, 4 industrial facilities and 25 retail properties available for purchase.

The largest share is held by Retail, with 48.08% out of local properties for sale belonging to this asset type. Office has the next largest share at 13.46%, while Industrial makes up 7.69% of commercial properties for sale in Traverse City.

Property type No. of Listings Total Sq. Ft.

Office 7 213,233

Retail 25 1,028,509

Industrial 4 58,692

Other 16 73,441