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

981 W Blue Star Drive

^$ 650,000

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Recently Listed

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. Does not include buisness.

Commercial Active

Price

^$ 650,000

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

1.55

Year Built

2001

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80069677

Features

General

Heating Forced Air

Cooling Central A/C

Possession At Close

Roof Metal

Water Private Well

Status Active Active

Year Built 2001

Parking Parking Lot

Subdivision Blue Star Estates MI

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name na

Ownership Private

Municipality Garfield Twp

Section 33

Zoning Professional Office Commercial Industrial

Sale/Rent For Sale

Status Detail 0

Commercial Features Overhead Doors

Area Garfield Twp (28005)

Primary City Traverse City

Location Corner Lot

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

Financial Terms Cash Commercial Loan

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;

DOM 3

Postal Code 49685

Price Per Sq Ft Total AG 481.48

Public Remarks 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

Exterior

Exterior Frame

Lot Size Area 1.55

Lot Dimensions irregular

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Daniel Stiebel

Listing Agent

Coldwell Banker Schmidt Traverse City

Broker

dan@realestatetc.com

Affordability Calculator

$4,002

Per Month

Monthly Principal & Interest: $4,002
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$817,170

Percent of Sale Price 26%

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

See complete school information

Pricing History

Date	Price	Price Change	Description
6/15/2026	$650,000		Listed Price

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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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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

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981 W Blue Star Drive

Commercial Property for sale in Traverse City, MI

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