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

966 W South Airport Road

^$ 569,000

Back to search

Recently Listed

966 W South Airport Road

Traverse City, MI, 49686

^$ 569,000

Bedrooms-- Baths-- Sq 7,380

Monthly Estimate*

^$ 3,550

966 W South Airport Road, Traverse City, MI 49686 - Image 1

966 W South Airport Road, Traverse City, MI 49686 - Image 2

966 W South Airport Road, Traverse City, MI 49686 - Image 3

966 W South Airport Road, Traverse City, MI 49686 - Image 4

966 W South Airport Road, Traverse City, MI 49686 - Image 5

966 W South Airport Road, Traverse City, MI 49686 - Image 6

966 W South Airport Road, Traverse City, MI 49686 - Image 7

966 W South Airport Road, Traverse City, MI 49686 - Image 8

966 W South Airport Road, Traverse City, MI 49686 - Image 9

966 W South Airport Road, Traverse City, MI 49686 - Image 10

966 W South Airport Road, Traverse City, MI 49686 - Image 11

966 W South Airport Road, Traverse City, MI 49686 - Image 12

966 W South Airport Road, Traverse City, MI 49686 - Image 13

966 W South Airport Road, Traverse City, MI 49686 - Image 14

966 W South Airport Road, Traverse City, MI 49686 - Image 15

966 W South Airport Road, Traverse City, MI 49686 - Image 16

966 W South Airport Road, Traverse City, MI 49686 - Image 17

966 W South Airport Road, Traverse City, MI 49686 - Image 18

966 W South Airport Road, Traverse City, MI 49686 - Image 19

966 W South Airport Road, Traverse City, MI 49686 - Image 20

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

Commercial/Industrial

Lot Size

0.56

Year Built

1967

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80064082

Features

General

Heating Forced Air

Cooling Central A/C

Possession Negotiable (Possession)

Roof Asphalt Metal

Water Public Water

Status Active Active

Year Built 1967

Parking Parking Lot

Subdivision na

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name na

Ownership Private

Municipality Garfield Twp

Section 13

Zoning Professional Office Commercial

Sale/Rent For Sale

Status Detail 0

Commercial Features ADA Accessible Sprinkler System

Area Garfield Twp (28005)

Directions Near the intersection of South Airport & Garfield on the north side towards the airport.

City Traverse City

Financial Terms Cash Commercial Loan Exchange/Trade

Legal Description partial from tax record: GA 117 E-1 BEG 247.5' E OF SW COR NW 1/4 OF SW 1/4 TH N 247.5' TH E 99' TH S 247.5 TH W ON 1/8 LINE 99' TO POB SEC 13 T27N R11W EXC RD R/W.

DOM 9

Price Per Sq Ft Total AG 77.1

Public Remarks 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

Exterior

Exterior Frame Steel Wood

Lot Size Area 0.56

Lot Dimensions 99' x 247.5'

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Daniel Stiebel

Listing Agent

Coldwell Banker Schmidt Traver

Broker

dan@realestatetc.com

Affordability Calculator

$3,550

Per Month

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

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$539,584

Percent of Sale Price 5%

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
12/1/2025	$569,000		Listed Price

Map

More homes like this one

homes for you

See all

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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

966 W South Airport Road

Commercial Property for sale in Traverse City, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home