# 939 S US-31, Traverse City, MI 49685 > **TL;DR:** 0bd/2ba commercial, $5,000,000 ($420/sqft), 11,900 sqft. Est. $26,741/mo. Listed 21 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $5,000,000 | | Price/sqft | $420 | | Bathrooms | 2 full | | Square Feet | 11,900 | | Lot Size | 64,033 sqft (1.47 acres) | | Property Type | Commercial (Retail) | | Status | Active | | Days on Market | 21 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $25,283 | | Estimated Insurance | $1,458 | | **Total** | **$26,741** | ## Property Highlights - 1.47 acre lot - 47 parking spaces ## Description ### Agent Description Prime commercial opportunity in Traverse City. Located on the high-visibility US-31 corridor at 939 US Highway 31 S, GT Liquor offers an established retail footprint serving the greater Grand Traverse region. The operation features a dedicated beer cave, walk-in commercial refrigeration, an extensive selection of spirits and craft beer, specialty barrel picks, and DoorDash delivery. The property also offers dedicated parking and flexible operating hours. Seller reports facility updates completed in 2024. The land and building are offered for $4.5 million. The business is available separately for an additional $500,000, with inventory valued at closing. Business financials are available after execution of a nondisclosure agreement. A gas station may be a potential additional use. Blair Township's Commercial Manufacturing district allows gasoline filling stations with a special-use permit, subject to township review and approval. Buyers should confirm the parcel's zoning and the feasibility of their proposed layout directly with Blair Township. ## Location - **Address:** 939 S US-31, Traverse City, MI 49685 - **County:** Grand Traverse - **Coordinates:** 44.6723839, -85.65546029 - **Google Maps:** https://www.google.com/maps?q=44.6723839,-85.65546029 ## Listing Agent - **Name:** Gurpreet Singh - **Brokerage:** Real Estate One Gaylord - **Phone:** 3474717184 - **Broker Phone:** 9894488209 ## Photos ![939 S US-31 - Photo 1](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f3805565400r.jpg) ![939 S US-31 - Photo 2](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f3376889921r.jpg) ![939 S US-31 - Photo 3](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f2382790712r.jpg) ![939 S US-31 - Photo 4](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f3686098883r.jpg) ![939 S US-31 - Photo 5](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f2853830723r.jpg) ![939 S US-31 - Photo 6](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f3217083794r.jpg) ![939 S US-31 - Photo 7](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f2298174549r.jpg) ![939 S US-31 - Photo 8](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f3597664009r.jpg) ![939 S US-31 - Photo 9](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f3072880230r.jpg) ![939 S US-31 - Photo 10](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f134602709r.jpg) ![939 S US-31 - Photo 11](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f3716838007r.jpg) ![939 S US-31 - Photo 12](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f718271783r.jpg) ![939 S US-31 - Photo 13](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f2238938616r.jpg) ![939 S US-31 - Photo 14](http://lh.rdcpix.com/57badc9e488930463b6ab1af9dd1ee39l-f2735461751r.jpg) --- **MLS#:** 1950714 | **Updated:** 2026-09-29 **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/939-s-us-31-traverse-city-mi-49685-1950714) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/939-s-us-31-traverse-city-mi-49685-1950714#listing", "url": "https://www.propertysimple.ai/listing/939-s-us-31-traverse-city-mi-49685-1950714", "name": "939 S US-31, Traverse City, MI 49685", "description": "Prime commercial opportunity in Traverse City. Located on the high-visibility US-31 corridor at 939 US Highway 31 S, GT Liquor offers an established retail footprint serving the greater Grand Traverse region. The operation features a dedicated beer cave, walk-in commercial refrigeration, an extensive selection of spirits and craft beer, specialty barrel picks, and DoorDash delivery. 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