523 Munson Avenue Traverse City, MI ^$ 1

523 Munson Avenue

^$ 1

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Recently Listed

523 Munson Avenue

Traverse City, MI, 49686

^$ 1

Bedrooms-- Baths-- Sq 2,000

Monthly Estimate*

^$ 0

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Commercial Property for sale in Traverse City, MI

for $1. This 2,000 square foot building was built in 2027 on a lot size of 0.68.

TO BE BUILT: Office/medical/retail/commercial building on the east side of the lot behind Third Coast Bakery. Approximately 0.3-0.4 acres on this lot to be developed with a 1,000-4,000 SF building. Lease rate to be market rate based on tenant build-out needs. There is also an adjoining 1.5 acres of land that could accomodate additional building/s and or multi-family development. The current land owner would be open to a joint venture, sale, land lease or build-to-suit on available land. AADT (2025) was 26,049 vehicles. Zoned C-2 but no brew pubs or gas stations.

Commercial Active

Price

^$ 1

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.68

Year Built

2027

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80073192

Features

General

Heating None

Cooling None

Possession Negotiable (Possession)

Status Active Active

Year Built 2027

Subdivision na

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name na

Ownership Private

Municipality Traverse City

Section 12

Zoning Multi-Family Professional Office Commercial

Sale/Rent For Rent

Status Detail 0

Area Traverse City (28021)

Directions Located on Munson Ave/US-31 at the base of Old Mission Peninsula sitting across from Munson Foster Family Care and only 2 miles to downtown Traverse City next to Third Coast Bakery.

City Traverse City

Financial Terms Cash

Legal Description partial from tax record: LOTS 65 & 66 AHGOSA RESORT

DOM 2

Price Per Sq Ft Total AG 0

Public Remarks TO BE BUILT: Office/medical/retail/commercial building on the east side of the lot behind Third Coast Bakery. Approximately 0.3-0.4 acres on this lot to be developed with a 1 000-4

Exterior

Lot Size Area 0.68

Lot Dimensions 132'x325'x372'

* Excluded Features

List By

Daniel Stiebel

Listing Agent

Coldwell Banker Schmidt Traverse City

Broker

dan@realestatetc.com

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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

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$879,884

Percent of Sale Price 87,988,259%

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

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Pricing History

Date	Price	Price Change	Description
9/3/2026	$1		Listed Price

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523 Munson Avenue, Traverse City, MI, 49686 is a Commercial Property for sale at $1 with 2,000 sqft and a lot size of 0.68. 523 Munson Avenue was built in 2027. 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 6.49% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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523 Munson Avenue

Commercial Property for sale in Traverse City, MI

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