1115 E Eighth Traverse City, MI ^$ 2,450,000

1115 E Eighth

^$ 2,450,000

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Recently Listed

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 MidwestÃ¢â¬â¢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.

Commercial Active

Price

^$ 2,450,000

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.43

Year Built

2017

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80070818

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Water Public Water

Status Active Active

Year Built 2017

Parking Parking Lot

Subdivision Common Good Bakery MI

County Grand Traverse

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name Common Good Bakery

Ownership Private

Municipality Traverse City

Section 1

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Commercial Features ADA Accessible Fixtures

Area Traverse City (28021)

Primary City Traverse City

Location Shopping Center

Directions Two locations 537 W 14th Street and 1115 E Eighth Street

City Traverse City

Financial Terms Cash Commercial Loan

Legal Description LOTS 31 33 35 37 & 39 EXC W 8 FT OF LOT 39 GRIFFIN & WINNE'S ADD.

DOM 0

Postal Code 49686

Price Per Sq Ft Total AG 408.33

Public Remarks 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

Exterior

Exterior Frame Wood

Lot Size Area 0.43

Lot Dimensions 50x100

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Scott Hardy

Listing Agent

Coldwell Banker Schmidt Traverse City

Broker

scott.hardy@cbgreatlakes.com

Affordability Calculator

$15,470

Per Month

Monthly Principal & Interest: $15,470
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 ^$830,672

Percent of Sale Price 66%

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
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

*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.

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1115 E Eighth

Commercial Property for sale in Traverse City, MI

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