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1115 E Eighth Traverse City, MI $ 2,450,000
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$ 2,450,000 Get more info
1115 E Eighth
$ 2,450,000
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1115 E Eighth

Traverse City, MI, 49686
$ 2,450,000
Bedrooms-- Baths-- Sq 6,000

Monthly Estimate*

$ 15,470

1115 E Eighth, Traverse City, MI 49686 - Image 1
1115 E Eighth, Traverse City, MI 49686 - Image 2
1115 E Eighth, Traverse City, MI 49686 - Image 3
1115 E Eighth, Traverse City, MI 49686 - Image 4
1115 E Eighth, Traverse City, MI 49686 - Image 5
1115 E Eighth, Traverse City, MI 49686 - Image 6
1115 E Eighth, Traverse City, MI 49686 - Image 7
1115 E Eighth, Traverse City, MI 49686 - Image 8
1115 E Eighth, Traverse City, MI 49686 - Image 9
1115 E Eighth, Traverse City, MI 49686 - Image 10

Commercial Property for sale in Traverse City, MI

for $2,450,000. This 6,000 square foot building was built in 2017 on a lot size of 0.43.

Common Good Bakery is a rare offering: a European-style bakery with an established eight-person management team, premium market positioning, protected intellectual property, and a beloved brand, located in one of the Midwest’s most desirable communities. The business runs today without its founder in daily operations. For the right buyer, whether an experienced hospitality operator, a professional seeking a lifestyle investment, or someone passionate about craft baking who wants a proven concept, Common Good is a turnkey opportunity with exceptional fundamentals and room to grow. The sellers plan to retire and are prepared to support a thoughtful transition.

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Commercial Active

Price

$ 2,450,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.43

Year Built

2017

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1947747
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Possession Negotiable
Roof Membrane
Construction Materials Frame Wood Siding Brick
Year Built 2017
Township Traverse City
Property Subtype Retail
Business Type Food & Beverage
Accessibility Accessible Doors Accessible Entrance
Assoc Fee Paid Per Annually
Business Name Common Good Bakery
County Grand Traverse
New Construction N
Property Type Commercial Sale
Attached Garage N
Energy Efficient Not Applicable
Subdivision Name Common Good Bakery
Garage Y/N N
Green Water Conservation Not Applicable
Rent Includes Building Insurance Management
Status New
Directions Two locations 537 W 14th Street and 1115 E Eighth Street
City Traverse City
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 18730.8
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 306586
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description LOTS 31 33 35 37 & 39 EXC W 8 FT OF LOT 39 GRIFFIN & WINNE'S ADD.
Freehold IDX
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Interior
Furnished Y/N Furniture/Fixtures
Basement (Y/N) N
Air Conditioning Y/N N
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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Exterior
Parking Features Common Parking Lot On Street
Lot Features Shopping Center
Water Source Public
Lot Size Area 0.43
Foundation Details Slab
Spa N
Lot Dimensions 50x100
Lot Size Acres 0.43
Other Parking Common Parking Lot Street Parking
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Coldwell Banker Schmidt Traverse City

Broker

Home: 231-492-5898

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Affordability Calculator

$15,470
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,470
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
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Pricing History
DatePricePrice ChangeDescription
7/8/2026$2,450,000 Listed Price

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1115 E Eighth, Traverse City, MI, 49686 is a Commercial Property for sale at $2,450,000 with 6,000 sqft and a lot size of 0.43. 1115 E Eighth was built in 2017. The property's zip code is 49686 which is in Traverse City, MI

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