1499 Business Park Drive Traverse City, MI $ 875,000
1499 Business Park Drive
$ 875,000
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1499 Business Park Drive

Traverse City, MI, 49686
$ 875,000
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 5,525

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Commercial Property for sale in Traverse City, MI

for $875,000. This 5,000 square foot building was built in 2003 on a lot size of 4.55.

Three West is pleased to present 1499 Business Park Drive, a distinctive 5,000 SF log-sided office building on 4.55 wooded acres in East Bay Township, just minutes from downtown Traverse City. Built in 2003 and thoughtfully maintained—including recently installed mechanical systems (2024) - this single-story property blends Northern Michigan character with functional flexibility, featuring a dramatic vaulted-ceiling gathering room with knotty pine finishes, multiple private offices, a full kitchen, expansive multipurpose and recreation rooms, and ample paved parking in a serene, tree-lined setting. Zoned Industrial within the established Business Park corridor, the property is ideally suited for professional offices, nonprofit or community organizations, medical or wellness uses, or an owner-user seeking a move-in-ready headquarters with room to grow.

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Commercial Active

Price

$ 875,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

4.55

Year Built

2003

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1947937

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air Zoned
Possession Close Of Escrow Subject To Tenant Rights
Roof Asphalt
Security Features Fire Sprinkler System
Construction Materials Frame Log Siding Stone
Year Built 2003
Township East Bay
Property Subtype Office
Business Type Professional/Office
Accessibility Accessible Entrance Covered Entrance
Assoc Fee Paid Per Annually
Business Name None
County Grand Traverse
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Peninsula Business Park
Garage Y/N N
Rent Includes None
Status New
Directions Located on the east side of Business Park Dr after the road turns hard right changing your direction to south.
City Traverse City
Zoning Description Industrial Office Commercial
Lot Size Units Acres
Lot Size Square Feet 198198
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 337164
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description Lengthy see documents.
Freehold IDX
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Exterior
Parking Features Paved Parking Lot
Lot Features Business Park Freestanding
Water Source Public
Lot Size Area 4.55
Foundation Details Slab
Spa N
Lot Dimensions 883x12x467x324x389x440
Lot Size Acres 4.55
Other Parking Paved Parking Lot
Waterfront Y/N N
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
Three West, Llc

Broker

(231) 534-5225

Phone

Affordability Calculator

$5,525
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,525
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
Pricing History
DatePricePrice ChangeDescription
7/13/2026$875,000 Listed Price

Map


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1499 Business Park Drive, Traverse City, MI, 49686 is a Commercial Property for sale at $875,000 with 5,000 sqft and a lot size of 4.55. 1499 Business Park Drive was built in 2003. The property's zip code is 49686 which is in Traverse City, MI