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.

96 Listings

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$1,900,000
423 S Union St
423 S Union St, Traverse City, MI
Property Type
Retail
Built in 1900

7,120 SF
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$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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$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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$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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$4,260,000
Old Mission Inn
18599 Mission Rd, Traverse City, MI 49686, Traverse City, MI
Property Type
Other
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$1,025.00/MO
806 Hastings St
806 Hastings St, Traverse City, MI
Space Type
Office
1 space

540 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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$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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$24.00/SF/YR
143 W Front St, Unit 101
143 W Front St, Unit 101, Traverse City, MI
Space Type
Retail
1 space

2,831 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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$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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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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$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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$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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$795,000
801 Woodmere Ave
801 Woodmere Ave, Traverse City, MI
Property Type
Retail
Built in 1986

6,576 SF
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$2,300,000
1010 E Front St
1010 E Front St, Traverse City, MI
Property Type
Other
Built in 1955

8,062 SF
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$225,000
1200 Boon St, Unit 2
1200 Boon Street, Unit 2, Traverse City, MI
Property Type
Other
Built in 2018

1,241 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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$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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$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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$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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$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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$20.50/SF/YR
Office Suite
400 W Front St, Traverse City, MI
Space Type
Office
1 space

2,515 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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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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$1.00/YR
523 Munson Ave
523 Munson Ave, Traverse City, MI
Space Type
Land
1 space

2,000 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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$12.57/SF/YR
2506 CROSSING CIR
2506 CROSSING CIR, Traverse City, MI
Space Type
Retail
1 space

2,112 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

3,794 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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$835,500
141 W Front St, Unit 101
141 W Front St, Unit 101, Traverse City, MI
Property Type
Retail
Built in 2026

2,785 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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$430,000
1025 Hannah Avenue
1025 Hannah Avenue, Traverse City, MI
Property Type
Retail
Built in 1946

2,432 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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$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
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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$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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$790,000
Retail Building Site
3560 Marketplace Cir, Traverse City, MI
Property Type
VacantLand
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$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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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