Here is an opportunity to purchase and develop a 0.38 Acre commercial parcel on US-31 at the gateway to beautiful downtown Traverse City, one of the country's most desirable Midwest locations. US-31 is the main East-West Corridor through the Grand Traverse Region, known for its beaches on crystal blue waters, wineries, breweries, restaurants and many outdoor activities. The property consists of two separate lots. The adjacent parcel is also available for a combined 0.63 AC, which includes a 1,864 SF office building, for $1,198,000.
Tucked into the vibrant heart of Traverse City�s emerging SOFO district (that�s South of Fourteenth, for the uninitiated), this rare downtown vacant lot offers the kind of charm and energy usually reserved for much larger cities. Here, you�re steps from Right Brain Brewery and Traverse City Whiskey Co. local icons pouring craft flavor and creative spirit into the neighborhood�s buzzing social scene. Beyond the artisanal pours, you�ll find walkable access to everyday essentials: boutique shopping, an organic co-op for fresh groceries, and the conveniences of Grand Traverse Mall and Great Lakes Crossing just minutes away. Zoned R-1b, this build-to-ready parcel is your invitation to create a stylish duplex that blends seamlessly into a district where old-school character meets modern vitality. Whether you�re dreaming of a savvy investment property or a design-forward urban retreat, this is where your vision belongs. Owner is a licensed Realtor in the State of MI.
Here is your chance to own the last buildable lot in the highly sought-after Peninsula Knolls subdivision, located at the base of the beautiful Old Mission Peninsula. This stunning 1.19-acre parcel is heavily wooded with gorgeous rolling typography, offering privacy, character, and multiple building site options - perfect for a ranch-style home or a multi story with or without walkout design. Backing up to open space from the neighboring Mission Bay development, this property provides a peaceful setting while being just minutes from downtown Traverse City, local beaches, world-class wineries, and award-winning restaurants. All underground utilities are already on site - including natural gas, electric, cable, and municipal water. There are multiple potential locations for an on-site septic system installation. This location truly has it all - privacy, convenience, natural beauty, and access to all the best that Traverse City and the Old Mission Peninsula have to offer. Don't miss this rare opportunity to build your dream home in one of the area's most desirable neighborhoods.
Discover an exceptional waterfront property on Old Mission Peninsula, boasting over 202' of pristine sandy shoreline along East Grand Traverse Bay. This premium beachfront offers the perfect setting for endless summer activities. Launch your kayak, paddleboard, or boat directly from your private beach, or simply dive into the crystal-clear waters for a refreshing swim in the bay. The property encompasses two generous lots in an exclusive location on prestigious Bluff Road, offering unparalleled privacy & tranquility. Experience breathtaking sunrise & moonrise views over the water from your multi-level decking system, thoughtfully designed with stairs leading directly to your private beach sanctuary. The expansive yard provides ample space for outdoor entertainment and activities. Vehicle storage is well-accommodated with an attached two-car garage plus an additional 2.5-car garage for extra storage or workshop space. The home's thoughtful design maximizes its waterfront setting with abundant windows and strategic skylights that flood the interior with natural light. The main floor showcases a stunning living room featuring a soaring vaulted ceiling, an inviting wood fireplace, and dramatic floor-to-ceiling windows framing panoramic water views. The gourmet kitchen boasts two functional islands and water views that make meal preparation a joy. A convenient main floor bedroom suite includes a private bathroom complete with a luxurious jetted tub. The finished lower level serves as a perfect guest suite or home office space, featuring a cozy brick wood-burning fireplace, convenient kitchenette, and a spacious enclosed porch for year-round enjoyment of the water views. This serene location enjoys minimal traffic while remaining conveniently close to Traverse City's amenities. The surrounding area is rich with attractions, including Old Mission Point Park, Bower's Harbor, Brinkman Nature Preserve, restaurants, numerous award-winning vineyards, and charming farm markets
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. This is a Penthouse Unit featuring a private rooftop garden. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a private and shared rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today. This unit has panoramic bay views, two balcony spaces in addition to the private rooftop terrace/garden.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. This is a Penthouse Unit featuring a private rooftop garden. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a private and shared rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today. This unit has panoramic bay views, two balcony spaces in addition to the private rooftop terrace/garden.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a future rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.
PENINSULA PLACE - a five story, 35 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and attention to detail. Floor 1 is parking, Floor 2 and 3 are Short Term Rental Approved. Floors 4 and 5 have Bay Views on N and W Side of Building. Rooftop Garden. Under Construction. Completion Summer 2026. Sizes up to 3000+ SQ FT. Indoor parking subject to availability on site at additional cost of $70,000. Marketing Brochure and Layouts available online.
PENINSULA PLACE - a five story, 35 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and attention to detail. Floor 1 is parking, Floor 2 and 3rd are Short Term Rental Approved. Floors 4 and 5 have Bay Views on N Side of Building. Common area Rooftop Garden. Foundation is in. Completion Summer 2026. 1 Indoor parking space available for $70,000. Marketing Brochure and Layouts available online.
PENINSULA PLACE - a five story, 35 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and attention to detail. Floor 1 is parking, Floor 2 and 3 are Short Term Rental Approved. Floors 4 and 5 have Bay Views on N and W Side of Building. Rooftop Garden. Under Construction. Completion Summer 2026. Sizes up to 3000+ SQ FT. Indoor parking subject to availability on site at additional cost of $70,000. Marketing Brochure and Layouts available online.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2ndand 3rd floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a future rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.
PENINSULA PLACE - a five story, 35 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and attention to detail. Floor 1 is parking, Floor 2 and 3 are Short Term Rental Approved. Floors 4 and 5 have Bay Views on N and W Side of Building. Rooftop Garden. Under Construction. Completion Summer 2026. Sizes up to 3000+ SQ FT. Indoor parking subject to availability on site at additional cost of $70,000. Marketing Brochure and Layouts available online.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. This is a Penthouse Unit featuring a private rooftop garden. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a private and shared rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today. This unit has panoramic bay views, two balcony spaces in addition to the private rooftop terrace/garden.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. This is a Penthouse Unit featuring a private rooftop garden. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a private and shared rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today. This unit has panoramic bay views, two balcony spaces in addition to the private rooftop terrace/garden.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a future rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd and 3rd floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a future rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd and 3rd floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a future rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.
PENINSULA PLACE - a five story, 35 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and attention to detail. Floor 1 is parking, Floor 2, and 3 are Short Term Rental Approved. Floors 4 and 5 have Bay Views on N and W Side of Building. Common area Rooftop Garden. Foundation is in. Completion Summer 2026. 1 Indoor parking space available for $70,000. Marketing Brochure and Layouts available online.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. This is a Penthouse Unit featuring a private rooftop garden. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a private and shared rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today. This unit has panoramic bay views, two balcony spaces in addition to the private rooftop terrace/garden.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a future rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd and 3rd floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a future rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. This is a Penthouse Unit featuring a private rooftop garden. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a private and shared rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today. This unit has panoramic bay views, two balcony spaces in addition to the private rooftop terrace/garden.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd and 3rd floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a future rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.
PENINSULA PLACE - a five story, 35 unit residential condominium project in the heart of downtown Traverse City. Located on State Street near the Historic Park Place Hotel and Boardman River, Peninsula Place is within walking distance of everything that downtown Traverse city has to offer. Be a part of this luxurious condominium community with well-appointed amenities, quality craftsmanship and attention to detail. Floor 1 is parking, Floor 2 and 3 are Short Term Rental Approved. Floors 4 and 5 have Bay Views on N and W Side of Building. Rooftop Garden. Under Construction. Completion Summer 2026. Sizes up to 3000+ SQ FT. Indoor parking subject to availability on site at additional cost of $70,000. Marketing Brochure and Layouts available online.
Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. This is a Penthouse Unit featuring a private rooftop garden. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 14 of 35 units available(2 on the 3rd floor, 8 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a private and shared rooftop garden, Under Construction with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today. This unit has panoramic bay views, two balcony spaces in addition to the private rooftop terrace/garden.



Traverse City is located in Michigan. Traverse City, Michigan has a population of 15,263. Traverse City is less family-centric than the surrounding county with 25.98% of the households containing married families with children. The county average for households married with children is 26.67%.
The median household income in Traverse City, Michigan is $64,033. The median household income for the surrounding county is $69,393 compared to the national median of $69,021. The median age of people living in Traverse City is 40.4 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 15.6 degrees. The average rainfall is approximately 32.6 inches per year, with 117.6 inches of snow per year.