517 E Eighth Street Traverse City, MI ^$ 390,000

517 E Eighth Street

^$ 390,000

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Recently Listed

517 E Eighth Street

Traverse City, MI, 49686

^$ 390,000

Bedrooms-- Baths-- Sq 820

Monthly Estimate*

^$ 2,401

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Commercial Property for sale in Traverse City, MI

for $390,000. This 820 square foot building was built in 1886 on a lot size of 0.13.

Prime downtown Eighth Street location in growing neighborhood. Perfect for retail, office, residential or development. The deep parking lot provides plenty of parking or allows for expansion of the building or a second building on the property. Most recently the 820 SF main floor was home to Edward Freund Jewelery, but with a full kitchen, full bath, half bath and 2 additional rooms upstairs (another. 300 SF), this could easily be residential or mixed-use. Features new water & sewer line to building within last 5 years and basement with washer & dryer hook-up. Zoned D-2

Commercial Active

Price

^$ 390,000

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.13

Year Built

1886

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80065256

Features

General

Heating Forced Air

Cooling Central A/C

Possession At Close

Roof Asphalt Metal

Water Public Water

Status Active Active

Year Built 1886

Parking Parking Lot

Subdivision N/A

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name was Freund Jewelers

Ownership Private

Municipality Traverse City

Section 2

Zoning Multi-Family Professional Office Commercial Residential

Sale/Rent For Sale

Status Detail 0

Commercial Features Bath

Area Traverse City (28021)

Directions On the north side of E Eighth Street between Franklin & Wellington.

City Traverse City

Financial Terms Cash Commercial Loan Conventional

Legal Description partial from tax record: E'LY 34.5 FT OF LOT 14 BLK 16 ORIG PLAT

DOM 1

Price Per Sq Ft Total AG 475.61

Public Remarks Prime downtown Eighth Street location in growing neighborhood. Perfect for retail office

Exterior

Exterior Aluminum Frame

Lot Size Area 0.13

Lot Dimensions 35' x 165'

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Daniel Stiebel

Listing Agent

Coldwell Banker Schmidt Traverse City

Broker

dan@realestatetc.com

Affordability Calculator

$2,401

Per Month

Monthly Principal & Interest: $2,401
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 ^$655,880

Percent of Sale Price 68%

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
2/5/2026	$390,000		Listed Price

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517 E Eighth Street, Traverse City, MI, 49686 is a Commercial Property for sale at $390,000 with 820 sqft and a lot size of 0.13. 517 E Eighth Street was built in 1886. 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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517 E Eighth Street

Commercial Property for sale in Traverse City, MI

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