About This Home

This 0-bedroom, 2-bathroom commercial at 939 S US-31 in Traverse City, MI is listed for $5,000,000 ($420 per sqft). the home offers 11,900 sqft of living space on a 1.47 acres lot.

Key Features

  • 1.47 acre lot
  • 47 parking spaces

Property Details

2 full
47 spaces
Listing 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.

Monthly Cost Estimate

$26,741/mo

20% down · 6.5% · 30 years

Principal$3,616
Interest$21,667
Insurance$1,458

Estimates only. Actual payments may vary.

Location

939 S US-31

Traverse City, MI 49685

Features & Amenities

Exterior Features

Block

Property Details

Construction

Mobile pre-1976

Parking

Parking Lot

Questions & Answers

This 0-bedroom, 2-bathroom commercial at 939 S US-31 is listed at $5,000,000 ($420/sqft). The estimated monthly payment is $26,741 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 1.47 acre lot, 47 parking spaces. Exterior Features: Block.

This property is listed by Gurpreet Singh.

GS

Gurpreet Singh

Agent at Real Estate One Gaylord

Listed by Real Estate One Gaylord · Broker phone: 9894488209 · Broker website

MLS# 1950714· Source: Northern Great Lakes Realtors MLS· 44 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.

939 S US-31, Traverse City, MI 49685

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