Traverse City, Michigan Commercial Real Estate Listings 1 - 20 of 66
Traverse City, Michigan: A Premier Destination for Commercial Real Estate
Introduction
Traverse City, Michigan, known for its scenic beauty and vibrant community, is increasingly becoming a hotspot for commercial real estate (CRE). As the largest city in Northern Michigan, it boasts a diverse economy that includes tourism, agriculture, and a growing tech sector. This unique blend of industries positions Traverse City as a compelling location for various CRE investments.
Economic and Industry Overview
Traverse City's economy is driven by several key industries that significantly influence demand for commercial properties:
- Tourism and Hospitality: As a popular tourist destination, the city supports a robust hospitality sector, increasing the need for retail and service-oriented spaces.
- Agriculture: Known as the "Cherry Capital," the agricultural industry supports logistics and warehousing needs.
- Technology and Startups: A burgeoning tech scene is creating demand for office and co-working spaces.
Regional economic initiatives, such as the Traverse Connect economic development agency, work to enhance business growth and CRE opportunities in the area.
Strategic Location and Transportation Infrastructure
Traverse City benefits from a strategic location with an efficient transportation network:
- Highways: U.S. Route 31 and M-72 are major highways facilitating regional connectivity.
- Airport: Cherry Capital Airport (TVC) provides air travel access, supporting both passenger and cargo services.
- Proximity: Its location near the Great Lakes offers logistical advantages for distribution and access to broader markets.
For more information, visit the Michigan Department of Transportation.
Commercial Real Estate Inventory & Zoning
Traverse City's CRE market is divided into several submarkets:
- Central Business District (CBD): A hub for office and retail spaces.
- Industrial Corridors: Located on the city's outskirts, these cater to manufacturing and logistics.
- Innovation Districts: Supporting tech startups and flexible workspaces.
The city offers various zoning incentives and overlays to encourage development. Access the City of Traverse City Zoning Maps for detailed planning information.
Major Employers and Institutions
Key employers in Traverse City include:
- Munson Healthcare: A major healthcare provider in the region.
- Hagerty Insurance: A leading provider of classic car insurance.
- Northwestern Michigan College: A significant educational institution fueling local workforce development.
Explore more through the Traverse City Chamber of Commerce Business Directory.
Notable Commercial Developments & Projects
Traverse City is witnessing several significant development projects:
- Warehouse District Revitalization: Transforming old industrial spaces into mixed-use developments.
- Opportunity Zones: Designated areas offering tax incentives for investors.
Stay updated with the City of Traverse City Planning Department.
Building Permits, Planning, and Development Tools
For developers and investors, the following resources are essential:
- Building and Safety Department
- Permitting Portal
- GIS Parcel Map Viewer
- Planning Commission
- City Development Code
Market Data & Economic Reports
Public data sets provide valuable insights into Traverse City's market dynamics:
- U.S. Census Bureau
- City's Open Data Portal
- Economic impact reports available via Traverse Connect
Leverage Brevitas' AI-powered dashboards for comprehensive market analysis.
Why Use Brevitas for Traverse City, Michigan CRE?
Brevitas stands out in the CRE marketplace with its cutting-edge tools:
- AI-Driven Discovery: Find properties that match your investment goals.
- Real-Time Market Alerts: Stay informed about new listings and market trends.
- Smart Property Pages: Comprehensive listings with detailed market insights.
- Dealroom Collaboration: Secure platform for negotiations and document sharing.
Additional features include:
- Auto-Generated Listing Pages: Quick and efficient listing creation.
- Email and Landing Page Tools: Enhance marketing efforts.
- Integration with Brokers and Developers: Streamlined communication.
- Exclusive Listings and Premium Exposure: Access to top-tier properties.
Explore Traverse City's commercial real estate opportunities with Brevitas.
Five Below
607 Randolph St Ste 101
1054 & 1060 East Front St
Commercial Development Land
Zimmerman Rd
418-420 S Union Street, Traverse City, MI, 49684
3560 Marketplace Cir
8597 E Bingham Rd, Unit 3
8597 E Bingham Rd, Unit 4
1859 Southpeak Drive
520 Railroad Ave and 648 Railroad Place
5208 N Royal Drive
Cedar Run Road, Traverse City, MI, 49684
5910 Storage Loop Drive
00 Mitten Dr
Old Mission Inn - Traverse City, Michigan
5932 Storage Loop Drive
5760 Denali Drive
5863B Storage Loop Drive , Unit 12B
10491 E Brewery Creek Lane
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