738 S Garfield Avenue Traverse City, MI $ 775,000
738 S Garfield Avenue
$ 775,000
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738 S Garfield Avenue

Traverse City, MI, 49686
$ 775,000
Bedrooms-- Baths-- Sq 4,040

Monthly Estimate*

$ 4,772

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Commercial Property for sale in Traverse City, MI

for $775,000. This 4,040 square foot building was built on a lot size of 0.56.

Real Estate Only for sale. Sale does not include the business of the Traverse City Comedy Club and the Grand Traverse Event Center. Businesses will be moving to new location. Purchase of Grand Traverse Event Center business is possible, but not the Traverse City Comedy Club. Purchaser will be required to enter into a non-compete that it will not offer comedy at the location for a period of 12 months. Price includes only real estate & FF&E. Purchase of liquor license is available for an additional $150,000. Liquor license will not be sold without the sale of the building. If purchaser acquires liquor license, purchaser shall be required to purchase all wine and liquor on premises at the time of closing. Sale of real estate includes the sale of all FF&E, except for any FF&E that is specific to the Traverse City Comedy Club (i.e., signage, glassware, souvenirs). Seller is related to a licensed real estate salesperson in the State of Michigan. Land contract may be available. Down payment requirement, interest rate, maturity, and other terms will be determined by the quality of the offer. For seller financing, a down payment of no less than 20 percent is required. Interest rate may be below market. All information available comes from public records. Purchasers should verify the accuracy of any information or omissions.

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Commercial Active

Price

$ 775,000

Property Type

Commercial

Taxes

$ 22,918

Style

Commercial/Industrial

Lot Size

0.56

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

60971819

Features
General
Possession At Close
Water Public Water
Status Active Active
Year Built 19
County Grand Traverse
Class COM/IND/BUS OPP
Type Commercial/Industrial
Municipality Traverse City
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Traverse City (28021)
Primary City Traverse City
Directions On west side of Garfield Avenue between Hannah and Centre Streets. Building is set back from the road. Property is between Comfort Center (to the north) and car wash (to the south).
City Traverse City
Financial Terms Cash Conventional Exchange/Trade
Legal Description THT PRT OF LOT 6 SEC 11 T27N R11W DES ASCOM 495 FT (30 RODS) S OF NE COR OF SAIDLOT TH W 330 FT (20 RODS) TH S 82.5 FT (5 RODS) TH E 330 FT (20 RODS) TH N 82.5FT (5 RODS) TO POB EXC E 33 FT THEREOF.
DOM 0
Postal Code 49686
Price Per Sq Ft Total AG 191.83
Public Remarks
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Exterior
Frontage 82
Lot Size Area 0.56
Lot Dimensions 82 x 297 x 82 x 297
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Stuart Lazar

Listing Agent

In Rhodes Realty

Broker

geddesbeckrealty@gmail.com

Email

Affordability Calculator

$6,682
Per Month
71%
29%
0%
Monthly Principal & Interest
$4,772
Monthly Property Taxes
$1,910
Monthly 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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/25/2026$775,000 Listed Price

Map


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738 S Garfield Avenue, Traverse City, MI, 49686 is a Commercial Property for sale at $775,000 with 4,040 sqft and a lot size of 0.56. The property's zip code is 49686 which is in Traverse City, MI