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.

104 Listings

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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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$3,200.00/MO
528 Hughes Dr
528 Hughes Dr, Traverse City, MI
Space Type
Industrial
1 space

3,200 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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$1,700,000
423 S Union St
423 S Union St, Traverse City, MI
Property Type
Retail
Built in 1900

7,120 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
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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$4,260,000
Old Mission Inn
18599 Mission Rd, Traverse City, MI 49686, Traverse City, MI
Property Type
Other
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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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$800,000
1103 S Union St
1103 S Union St, Traverse City, MI
Property Type
Other
Built in 1947

1,036 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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4 of 4
$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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4 of 4
$26.00/SF/YR
135 Pine St, Unit 101
135 Pine St, Unit 101, Traverse City, MI
Space Type
Retail
1 space

4,232 SF
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2 of 4

3 of 4

4 of 4
$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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$2,750,000
3950 Alpha Blvd
3950 Alpha Blvd, Traverse City, MI
Property Type
Retail
Built in 1994

4,050 SF
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$7,500,000
1212 W South Airport Rd
1212 W South Airport Rd, Traverse City, MI
Property Type
Retail
Built in 1977

101,386 SF
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From $415/month

20Fathoms
20Fathoms
10850 East Traverse Highway, Suite 4400, Traverse City, MI
Space Type
Private Offices
Space for 1 person
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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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$1.00/YR
523 Munson Ave
523 Munson Ave, Traverse City, MI
Space Type
Land
1 space

2,000 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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$18.00 - $22.00/SF/YR
315 E Front Street
315 E Front Street, Traverse City, MI
Space Type
Office
5 spaces

685 - 24,180 SF
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4 of 4
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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2 of 3

3 of 3
$24.00/SF/YR
137 Pine St, Unit 101
137 Pine St, Unit 101, Traverse City, MI
Space Type
Retail
1 space

3,794 SF
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$145,000
8597 E Bingham Rd, Unit 7
8597 E Bingham Rd, Unit 7, Traverse City, MI
Property Type
Industrial
Built in 2022

1,218 SF
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$5.50/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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$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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$10.00 - $13.24/SF/YR
Warehouse Space
528 Hughes Dr, Traverse City, MI
Space Type
Industrial
4 spaces

2,400 - 5,572 SF
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$760,000
207 E Front St
207 E Front St, Traverse City, MI
Property Type
Retail
Built in 1900

1,632 SF
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$430,000
1025 Hannah Avenue
1025 Hannah Avenue, Traverse City, MI
Property Type
Retail
Built in 1946

2,432 SF
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$1,481,200
135 Pine St, Unit 101
135 Pine St, Unit 101, Traverse City, MI
Property Type
Retail
Built in 2026

4,232 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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$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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$979,000
5746 Denali Dr
5746 Denali Dr, Traverse City, MI
Property Type
Other
Built in 2000

12,000 SF
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2 of 2
$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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$1,975,000
225 E Fourteenth St
225 E Fourteenth St, Traverse City, MI
Property Type
Office
Built in 1971

8,944 SF
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$2,450,000
1115 E Eighth St
1115 E Eighth St, Traverse City, MI
Property Type
Retail
Built in 2017

6,000 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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$3,375,000
121 E Front St
121 E Front St, Traverse City, MI
Property Type
Retail
Built in 1930

23,983 SF
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2 of 2
$1,985,000
274 N US Highway 31 S
274 N US Highway 31 S, Traverse City, MI
Property Type
Retail
Built in 1983

8,025 SF
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$348,000
830 Cottageview Dr
830 Cottageview Dr, Traverse City, MI
Property Type
Office
Built in 1885

1,731 SF
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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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Traverse City, MI Commercial Real Estate Market Overview: Key Trends & Insights

Traverse City has 393,474 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 393,474 square feet.

Current leasing options comprise 18 office listings, which represent approximately 43.90% out of the total leasing inventory. There are also 6 industrial and warehouse listings, making up 14.63% of the total. Additionally, 17 retail listings make up 41.46% of the local leasing market. These types are supplemented by 3 listings for lease belonging to other commercial types.

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

Office 18 216,162 N/A

Retail 17 874,238 $24.31

Industrial 6 74,648 N/A

Other 3 10,600 N/A

Commercial Real Estate for Sale in Traverse City, MI

As of 2026, Traverse City, MI has a total of 49 commercial real estate properties for sale.

This inventory includes 6 office assets, 4 industrial facilities and 23 retail properties available for purchase.

The largest share is held by Retail, with 46.94% out of local properties for sale belonging to this asset type. Office has the next largest share at 12.24%, while Industrial makes up 8.16% of commercial properties for sale in Traverse City.

Property type No. of Listings Total Sq. Ft.

Office 6 216,162

Retail 23 874,238

Industrial 4 74,648

Other 16 75,441