USAMITraverse City807 Lake Ave
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New
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$495,000

For Sale

14 hours ago

807 Lake Ave, Traverse City, MI

House

MLS® 1949266

0 Bed

0 Bath

2536 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 2536 sqft
Garage 
Taxes 
Days Active 1
Lot Size 0.22 Acres
Approx. Age 1985
Avg. Price Per Sqft $195
MLS® Number 1949266

Property Address: 807 Lake Ave, Traverse City, MI, 49684-3268

Average square foot calculated using Size range provided by listing 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.
MLS® Number1949266
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1985
Basement
DrivewayPaved, Parking Lot
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 13, 2026List Date
$495,000List Price
  • Commute

Commute

Starting Address
Destination Address
807 Lake Ave, Traverse City, MI

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