981 W Blue Star Drive Traverse City, MI $ 650,000
981 W Blue Star Drive
$ 650,000
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981 W Blue Star Drive

Traverse City, MI, 49685
$ 650,000
Bedrooms-- Baths-- Sq 1,350

Monthly Estimate*

$ 4,002

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Commercial Property for sale in Traverse City, MI

for $650,000. This 1,350 square foot building was built in 2001 on a lot size of 1.55.

Rare opportunity to own a large outdoor sales lot in one of Traverse City's most visible commercial corridors. Situated on US-31 between the Grand Traverse Mall and Chums Corners, this 1.55-acre property offers excellent signage and exposure to high traffic counts. The site includes a 1,350 SF office and shop building, with the shop area featuring drive-thru garage doors and an oil and water separator in the floor drain; ideal for automotive, equipment, or service-related uses. Comprised of two parcels, the property offers flexible zoning: the US-31 frontage lot is zoned CG (Commercial), while the eastern lot is zoned IG (Industrial), opening the door to a wide variety of permitted uses. Outdoor sales lots of this size with this kind of visibility are hard to find.

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.55

Year Built

2001

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1946584

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession Close Of Escrow Negotiable
Roof Metal/Steel
Construction Materials Frame Steel
Year Built 2001
Township Garfield
Property Subtype Retail
Business Type Auto Service Professional/Office Retail Professional Service
Accessibility Main Floor Access
Assoc Fee Paid Per Annually
Business Name na
County Grand Traverse
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Blue Star Estates
Garage Y/N N
Rent Includes None
Status New
Directions From US-31 turn east onto Alpha Drive next to 1st Choice Car Wash then left onto W Blue Star Dr. Subject property will be the first driveway on your left on the corner.
City Traverse City
Zoning Description Industrial Office Retail Commercial Manufacture/Warehouse Automotive Service
Lot Size Units Acres
Lot Size Square Feet 67518
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Virtual Tour https://tours.bluelavamedia.com/s/idx/324583 https://tours.bluelavamedia.com/s/981-West-Blue-Star-Drive-Traverse-City-MI-49685
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 140984
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description partial from tax record: N 68' OF LOT 18 AND LOT 19 & 32 BLUE STAR ESTATES. SPLIT/COMBINED ON 03/05/2014 FROM 05-060-019-00 05-060-032-00;
Freehold IDX
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Exterior
Parking Features Parking Lot Paved
Lot Features Corner Lot Freestanding Industrial Park
Water Source Private
Lot Size Area 1.55
Foundation Details Slab
Spa N
Lot Size Acres 1.55
Road Surface Type Asphalt
Other Parking Parking Lot Paved
Waterfront Y/N N
Door Features Overhead Door(s)
Road Responsibility Public Maintained Road
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
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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* Excluded Features
List By
Coldwell Banker Schmidt Traverse City

Broker

Off: 231-922-2350

Contact

Affordability Calculator

$4,002
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
--
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
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/15/2026$650,000 Listed Price

Map


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981 W Blue Star Drive, Traverse City, MI, 49685 is a Commercial Property for sale at $650,000 with 1,350 sqft and a lot size of 1.55. 981 W Blue Star Drive was built in 2001. The property's zip code is 49685 which is in Traverse City, MI