966 W South Airport Road Traverse City, MI ^$ 569,000

966 W South Airport Road

^$ 569,000

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Recently Listed

966 W South Airport Road

Traverse City, MI, 49686

^$ 569,000

Bedrooms-- Baths-- Sq 7,380

Monthly Estimate*

^$ 3,550

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Commercial Property for sale in Traverse City, MI

for $569,000. This 7,380 square foot building was built in 1967 on a lot size of 0.56.

2 tenant investment property on busy South Airport Road near the Traverse City airport. Leases are short-term, so that a buyer could use the property if they want to, however the tenants would like to keep renting, so longer term leases are also a possibility for investors. Current leases are below market providing upside potential for a buyer. Tenants include Boyd Sewing and Top Comics. The Boyd Sewing space has a retail sales area, classroom, loft for additional storage. and living quarters on the second floor with kitchen and full bathroom. Priced to sell at a 7.7% cap rate (based on current rents which are very low and could be raised) and well below assessor's true cash value.

Commercial Active

Price

^$ 569,000

Property Type

Commercial

Taxes

^$ 0

Style

Retail/Commercial

Lot Size

0.56

Year Built

1967

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1940890

Features

General

Roof Asphalt Metal

Zoning Office Retail Commercial Restaurant/Food Automotive Service

Sewer Municipal

Construction Steel Frame

Interior

Basement Slab

Exterior

Exterior Features Wood Block

* Excluded Features

List By

Coldwell Banker Schmidt Traver

Broker

(231) 633-0432

Phone

Affordability Calculator

$3,550

Per Month

Monthly Principal & Interest: $3,550
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$536,020

Percent of Sale Price 6%

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.

2034270 Elementary School

2034440 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2025	$569,000		Listed Price

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966 W South Airport Road, Traverse City, MI, 49686 is a Commercial Property for sale at $569,000 with 7,380 sqft and a lot size of 0.56. 966 W South Airport Road was built in 1967. 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 6.375% 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.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern Great Lakes REALTORS® MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/13/2025.

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966 W South Airport Road

Commercial Property for sale in Traverse City, MI

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