# 807 Lake Avenue, Traverse City, MI 49684 > **TL;DR:** commercial, $495,000 ($100/sqft), 4,927 sqft. Est. $2,647/mo. Listed 81 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $495,000 | | Price/sqft | $100 | | Square Feet | 4,927 | | Lot Size | 9,583 sqft (0.22 acres) | | Property Type | Commercial (Office) | | Status | Active Under Contract | | Days on Market | 81 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,503 | | Estimated Insurance | $144 | | **Total** | **$2,647** | ## Property Highlights - 0.22 acre lot ## Description ### Agent 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. ## Location - **Address:** 807 Lake Avenue, Traverse City, MI 49684 - **County:** Grand Traverse - **Coordinates:** 44.755513, -85.6177 - **Google Maps:** https://www.google.com/maps?q=44.755513,-85.6177 ## Listing Agent - **Name:** Gary Strange - **Brokerage:** Charlevoix Properties - **Broker Phone:** 2315363300 ## Photos ![807 Lake Avenue - Photo 1](http://lh.rdcpix.com/8e4e28a93689354b954c8df47f062116l-f2887306609r.jpg) ![807 Lake Avenue - Photo 2](http://lh.rdcpix.com/8e4e28a93689354b954c8df47f062116l-f995662596r.jpg) ![807 Lake Avenue - Photo 3](http://lh.rdcpix.com/8e4e28a93689354b954c8df47f062116l-f2879485038r.jpg) ![807 Lake Avenue - Photo 4](http://lh.rdcpix.com/8e4e28a93689354b954c8df47f062116l-f3069838723r.jpg) ![807 Lake Avenue - Photo 5](http://lh.rdcpix.com/8e4e28a93689354b954c8df47f062116l-f423658470r.jpg) ![807 Lake Avenue - Photo 6](http://lh.rdcpix.com/8e4e28a93689354b954c8df47f062116l-f2317477998r.jpg) ![807 Lake Avenue - Photo 7](http://lh.rdcpix.com/8e4e28a93689354b954c8df47f062116l-f2272719136r.jpg) ![807 Lake Avenue - Photo 8](http://lh.rdcpix.com/8e4e28a93689354b954c8df47f062116l-f3533333786r.jpg) ![807 Lake Avenue - Photo 9](http://lh.rdcpix.com/8e4e28a93689354b954c8df47f062116l-f2058089082r.jpg) --- **MLS#:** 1949266 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/807-lake-avenue-traverse-city-mi-49684-88d8a2c962d643a1af5512fa87df10fd) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/807-lake-avenue-traverse-city-mi-49684-88d8a2c962d643a1af5512fa87df10fd#listing", "url": "https://www.propertysimple.ai/listing/807-lake-avenue-traverse-city-mi-49684-88d8a2c962d643a1af5512fa87df10fd", "name": "807 Lake Avenue, Traverse City, MI 49684", "description": "Exceptional value is evident with these three properties; they are contiguous and collectively provide an excellent investment opportunity. 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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! 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