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Multi-Family, Retail, Office, Medical Development

Market Price

523, 525, 551 Munson Ave, Traverse City, MI 49686

Active
Last Updated: 09/02/2026

2.2 acres

Lot Area

1996

Year Built

Details:
Lot Area:    2.2 acres
Year Built:    1996
Description:

3 lots on Munson Ave totaling 2.2 acres

Third Coast Bakery leasing front of 523 Munson leaving approximately 0.4 acres for future development

Owner would to a joint venture, sale, land lease or build-to-suit on available land

Currently plans to build 2,000-4,000 SF building on east side of 523 Munson (back portion) that would be well suited for office, medical, retail or food service

525 & 551 Munson are ideally suited for multi-family development and total 1.54 acres

630' of frontage along Munson Ave

Zoned C-2 with use restrictions on brew pubs and gas stations

3 lots on Munson Ave/US-31 at the base of Old Mission Peninsula sitting directly across from Munson Foster Family Care and only 2 miles to downtown Traverse City.

Map:
Location
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