About This Home

This 0-bedroom, 0-bathroom commercial at 807 Lake Avenue in Traverse City, MI is listed for $495,000 ($100 per sqft). the home offers 4,927 sqft of living space on a 0.22 acres lot.

Key Features

  • 0.22 acre lot
Listing Description

Exceptional value is evident with these three properties; they are contiguous and collectively provide an excellent investment opportunity. These properties have been used for commercial use as well as professional office and warehouses over the past several decades.

3 individual and contiguous properties all affordably priced offering several options depending on your usage. You could use these properties for your own offices, or you could use them as investment property and rent each unit individually, you could also use or rent out the 4,800 sq.

ft. of storage in the large 60X80 building. Another thought is considering the need for housing in and near downtown Traverse City and zoning being R-3, this location and these properties highest and best use may very well be an excellent location for apartment buildings or a condominium location.

The adjoining property on the eastern boundary is owned by MDOT and the City of Traverse City providing an expansive open area extending all the way to Boardman Lake for future generations. The walking trail is contiguous to the southern boundary for easy access for exercising and watching sunrises over Boardman Lake.

Downtown Traverse City is just a short walk as well to enjoy and experience the many excellent restaurants and wonderful shopping opportunities. Collectively there is over 9,000 sq ft of warehouse, 2,275 sq ft of offices, and over 38,000 sq ft of property, that in total is just under 1 full acre! There are so many options being offered for either personal use or for an investor, any way you consider it these properties are certainly one of the better investments for this location of Traverse City.

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

807 Lake Avenue

Traverse City, MI 49684

Features & Amenities

Exterior Features

Block

Property Details

Construction

Block

Parking

Parking Lot

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 807 Lake Avenue is listed at $495,000 ($100/sqft). The estimated monthly payment is $2,647 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.22 acre lot. Exterior Features: Block.

This property is listed by Gary Strange.

GS

Gary Strange

Agent at Charlevoix Properties

Listed by Charlevoix Properties · Broker phone: 2315363300

MLS# 1949266· Source: Northern Great Lakes Realtors MLS· 79 days on PropertySimple

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

807 Lake Avenue, Traverse City, MI 49684

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