527 E Eighth Street Traverse City, MI ^$ 1,650,000

527 E Eighth Street

^$ 1,650,000

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527 E Eighth Street

Traverse City, MI, 49686

^$ 1,650,000

Bedrooms-- Baths-- Sq 5,954

Monthly Estimate*

^$ 10,159

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Commercial Property for sale in Traverse City, MI

for $1,650,000. This 5,954 square foot building was built in 1992 on a lot size of 0.45.

Introducing an exceptional retail opportunity at 527 E Eighth St, Traverse City, MI. This impressive 5,954 SF commercial property, constructed in 1966, is ideally suited for retail or free-standing building users. Zoned D2, it offers a versatile space for various business ventures. The property boasts a large onsite parking area on the almost 1/2-Acre lot. With its prime Traverse City location in the NOBO District, this property is poised to deliver high profile visibility for any entrepreneur or business.

Commercial Active

Price

^$ 1,650,000

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.45

Year Built

1992

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80059903

Features

General

Heating Forced Air

Cooling Central A/C

Possession Negotiable (Possession)

Water Public Water

Status Active Accepting Backup Offers

Year Built 1992

Parking Parking Lot

Subdivision n/a MI

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name Verano Tan

Ownership Private

Municipality Traverse City

Section 3

Zoning Commercial

Sale/Rent For Sale

Status Detail 3

Commercial Features ADA Accessible

Area Traverse City (28021)

Primary City Traverse City

Directions Located on the north side E Eighth St between Wellington and Franklin Streets.

City Traverse City

Financial Terms Cash Commercial Loan Conventional

Legal Description W 60 FT OF LOT 12 & LOT 13 BLK 16 ORIGINAL PLAT OF TRAVERSE CITY

DOM 191

Postal Code 49686

Price Per Sq Ft Total AG 277.12

Public Remarks Introducing an exceptional retail opportunity at 527 E Eighth St Traverse City MI. This impressive 5 954 SF commercial property constructed in 1966

Exterior

Exterior Block

Lot Size Area 0.45

Lot Dimensions 126'x165'

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Kevin Endres

Listing Agent

Three West, Llc

Broker

kendres@threewest.com

Affordability Calculator

$10,159

Per Month

Monthly Principal & Interest: $10,159
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$637,595

Percent of Sale Price 61%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/21/2025	$1,650,000		Listed Price

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527 E Eighth Street, Traverse City, MI, 49686 is a Commercial Property for sale at $1,650,000 with 5,954 sqft and a lot size of 0.45. 527 E Eighth Street was built in 1992. The property's zip code is 49686 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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527 E Eighth Street

Commercial Property for sale in Traverse City, MI

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