1025 Hannah Traverse City, MI $ 470,000
1025 Hannah
$ 470,000
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1025 Hannah

Traverse City, MI, 49686
$ 470,000
Bedrooms-- Baths-- Sq 2,400

Monthly Estimate*

$ 2,932

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Commercial Property for sale in Traverse City, MI

for $470,000. This 2,400 square foot building was built in 1946 on a lot size of 0.26.

Secure this 2,400 square foot commercial building, which is strategically positioned for maximum accessibility and exposure near a highly traveled corridor in Traverse City. The property's significant advantage is its C-2 zoning designation, providing exceptional adaptability for a wide spectrum of business ventures, including the potential for an Adult Use Marihuana Retailer (subject to fulfilling all required municipal licensing and state regulations). This well-outfitted facility is ready for immediate operation, featuring multiple dedicated retail spaces, a private office, and modern amenities designed for both staff and patrons, such as separate half-bathrooms and a convenient kitchenette. Further enhancing its utility is the full security system and a dedicated parking lot, ensuring convenience and peace of mind. This represents an outstanding, versatile opportunity for investors or owner-occupiers seeking a flexible and strategically zoned retail location.Prospective parties are encouraged to verify all permitted uses and regulations via the city's official zoning map at: www.traversecitymi.gov/government/city-departments/planning-and-zoning/zoning-map.html. Showings are by appointment only.

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Commercial Active

Price

$ 470,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.26

Year Built

1946

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1940098

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Possession Negotiable
Roof Membrane
Security Features Security System Fire Sprinkler System
Construction Materials Block
Year Built 1946
Township Traverse City
Property Subtype Retail
Business Type Retail Other
Accessibility Main Floor Access Accessible Entrance
Assoc Fee Paid Per Annually
Business Name Gage
County Grand Traverse
New Construction N
Property Type Commercial Sale
Attached Garage N
Energy Efficient Not Applicable
Subdivision Name OAK HEIGHTS ADD
Garage Y/N N
Green Water Conservation Not Applicable
Rent Includes None
Status Active
Directions East on E Front Street to Garfield Avenue. Right on Garfield Avenue right on Hannah Avenue. 1025 Hannah is on the right
City Traverse City
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 11325.6
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 325400
Ownership Type Corporation
Lease Amount Frequency Annually
Legal Description LOTS 98 97 & W 10 FT OF LOT 96 OAK HEIGHTS ADD
Freehold IDX
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Interior
Furnished Y/N Furniture/Fixtures
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Parking Lot
Lot Features Freestanding
Water Source Public
Lot Size Area 0.26
Foundation Details Slab
Spa N
Lot Dimensions 109x86x117x124
Lot Size Acres 0.26
Road Surface Type Asphalt
Other Parking Parking Lot
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Century 21 Northland

Broker

Cell: 231-534-4753

Contact

Affordability Calculator

$2,932
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,932
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/15/2025$470,000 -5.81% Price Down
10/31/2025$499,000 Listed Price

Map


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1025 Hannah, Traverse City, MI, 49686 is a Commercial Property for sale at $470,000 with 2,400 sqft and a lot size of 0.26. 1025 Hannah was built in 1946. The property's zip code is 49686 which is in Traverse City, MI