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Browse All Omena MI Between $500K - $600K Properties for Sale

$510,000
2 Baths ⋅ 1940355 MLS ⋅ N/A BLDG.
Commercial building with prime location ready for your new business. Remodel includes: Windows, interior and exterior doors, interior and exterior lighting, concrete floors,insulated walls and attic, new bathrooms, forced air furnace and refurbished boiler as a second choice, vinyl siding with soffit and facia,new drywall and remodel on the office space and bathrooms, washer and dryer hook up, 3 phase electric and air compressor, and air conditioning. The sky is the limit on this one, turn key! Bring your idea's or bring a couple new businesses,Ceilings range from 9-12 Ft. depending on the area of the building. It is nice and clean to use as a storage facility or a variety of open opportunities.

2027 Benzie Highway, Benzonia
$560,000
2 Beds ⋅ 2 Baths ⋅ 1940200 MLS ⋅ Freshwater Flats BLDG.
Step into luxury and convenience with this stunning, tastefully furnished, turn-key condo nestled in the heart of downtown Traverse City. Currently an active short-term rental including single overnight stays, it comes fully equipped and furnished, ready for immediate occupancy or rental income. This exquisite residence offers 2BR/2BA of beautifully styled living space, all designed to cater to your comfort and lifestyle needs. The layout which extends over 3 floors, seamlessly connects the entry from either your private garage or from a street-side entrance up to the main floor with an efficient kitchen, inviting living area with elegant picture window, bath, and laundry. Proceed upstairs to the bedrooms, full bath, and a spiral staircase leading to your very own rooftop sanctuary where you can elevate your living experience with West Grand Traverse Bay views. This is not just a home but a vantage point to witness the vibrant pulse of downtown Traverse City. One of the standout features of this prime property is its allowance for overnight rentals. Its central location and top-notch amenities have made it a favorite among tourists, ensuring a steady stream of guests eager to experience all that Traverse City has to offer. Whether you’re looking for a permanent residence, a seasonal retreat, or an investment opportunity, this condo offers unparalleled versatility. Don’t miss your chance to own a piece of downtown Traverse City’s finest living – where every detail has been meticulously curated for your ultimate satisfaction. Click on virtual tour link for an incredibly realistic view of the interior.

208 Gillis Street Unit 12, Traverse City
$565,000
2 Baths ⋅ 1939865 MLS ⋅ Na BLDG.
709 Wadsworth Street | Traverse City, MI Historic Live-Work Property in the Heart of Traverse City A rare opportunity to own a unique and historic live-work property perfectly situated in the center of everything Traverse City has to offer. This well-maintained building has proudly housed a beloved six-chair salon since 1989, complemented by a charming attached one-bedroom, one-bath apartment—ideal for supplemental income, owner occupancy, or creative repurposing. Pride of ownership shines throughout, with extensive improvements including a newer roof, updated siding, HVAC system, hot-water heater, flooring, and upgraded electrical breaker box. The apartment features a long-term tenant with an excellent rental history (tenant’s rights apply). Current zoning allows continued use as a similar business (matching client/traffic profile), duplex, or single-family residence—other uses subject to zoning review. Perfectly positioned within walking distance of downtown shops, restaurants, and the waterfront, 709 Wadsworth Street offers an unmatched blend of historic charm, functionality, and location. A true gem for entrepreneurs, investors, or creatives seeking to live, work, and thrive in the heart of Traverse City.

709 Wadsworth Street, Traverse City
$600,000
1938448 MLS
27 Acres with Lake Michigan Sunset Views – Two Parcels Available at $600,000 Each This 27-acre property in the heart of Leelanau Township offers a rare combination of wide-open countryside, wooded privacy, and unforgettable Lake Michigan sunset views. The township allows one home per 10 acres, and the seller is offering a proposed split: one 13-acre parcel with existing infrastructure and one 14-acre parcel of rolling open ground with elevated view sites. Each parcel is available for $600,000, and the seller is also open to alternative boundary lines to meet a buyer’s needs. The 13-acre parcel includes a three-car garage in usable condition, an existing well, septic system (condition unknown), electrical service, and a driveway access from Christianson Road rather than busy M-22. A large barn and a home are also present on the property. The home and barn speak to the property’s history but will require significant effort to revive. Buyers will need to decide whether to breathe new life into these structures or start fresh with their own design. The most desirable building site on this parcel is separate from the current home, positioned for panoramic Lake Michigan views. The 14-acre parcel offers wide-open building possibilities with an equally impressive view site overlooking the countryside and the lake. Both parcels feature building sites where photos (taken from a 20-foot elevation) capture the sweeping, colorful sunsets that make Leelanau County so prized. Opportunities like this are rare: acreage with utilities, flexible boundary options, and dramatic views of Lake Michigan — all just minutes from local favorites like Fisher’s Happy Hour near Gill’s Pier. Whether you envision building a dream home, creating a private retreat, or simply securing a piece of Leelanau’s most sought-after landscape, this property offers a canvas with endless potential.

7200 N Christianson Road, Northport
$500,000
2 Beds ⋅ 2 Baths ⋅ 1937665 MLS ⋅ Acqua Condominium BLDG.
Step into easy downtown living, in the coveted Slabtown neighborhood, where West Grand Traverse Bay is just a short stroll away and the best of Traverse City is right outside your door. Completed in 2023, this 2 bed/2 bath condo pairs clean design with everyday comfort. Sunlight pours through large windows, filling the airy living space and connecting seamlessly to your private balcony, perfect for morning coffee or evening unwinding. The island kitchen is both sleek and welcoming, ideal for casual dinners or hosting friends. Retreat to the spacious primary suite with its own full bath, while an additional bedroom, hallway bath, and dedicated laundry room round out the single-level floor plan. With elevator access, a reserved parking space, a location across from the historic Sleders Tavern, and only steps from downtown dining, shopping, and waterfront fun, this condo is all about living well in the heart of TC.

714 #308 Randolph Street Unit 308, Traverse City
$599,000
1936257 MLS
A Prime Office Building for a User and or Investor. An impressive property boasting a 5,038 SF building, recently remodeled and zoned Commercial, making it an ideal space for a variety of business endeavors. Located in the thriving Traverse City area, this property offers an excellent foundation for establishing or expanding a professional presence. Centrally located and on a main connection road. With half the building leased, this is an Ideal opportunity to move into the vacant area and enjoy the income stream of the other half at the same time having the additional room to expand in the future. Would likely work well for SBA financing.

3639 Cass Road, Traverse City
$599,000
1936256 MLS
A Prime Office Building for a User and or Investor. An impressive property boasting a 5,038 SF building, recently remodeled and zoned Commercial, making it an ideal space for a variety of business endeavors. Located in the thriving Traverse City area, this property offers an excellent foundation for establishing or expanding a professional presence. Centrally located and on a main connection road. With half the building leased, this is an Ideal opportunity to move into the vacant area and enjoy the income stream of the other half at the same time having the additional room to expand in the future. Would likely work well for SBA financing.

3639 Cass Road, Traverse City
$500,000
1935969 MLS ⋅ Metes & Bounds BLDG.
Nestled just outside Alden and a short drive from the stunning Torch Lake, this expansive 77-acre property offers a unique opportunity for nature enthusiasts and outdoor lovers alike. The land features beautiful rolling hills and hardwood forest areas that create a picturesque backdrop for your future plans. The property includes a spacious 2400 square foot pole barn with an extra lean-to, perfect for storing equipment, or pursuing hobbies in a serene setting. With its meadows and scenic views, this versatile land provides endless possibilities for recreation, relaxation, or investment. Whether you envision building your dream home, starting a small farm, or simply enjoying the tranquility of nature, this land is a must-see. Come experience the beauty and peacefulness that it has to offer.

7573 Alden Highway, Bellaire
$599,500
1933798 MLS
The subject property is 330 ft wide x 560 ft deep from the 100 ft Right of Way for a useable 4.25 acres more or less. The land is level and sandy soils , some treed area on the rear of property. . The existing older home on the property is not offering any value and seller is not warranting it in anyway. There is Municipal Water Main in front of the property. Two Zoning allows for Retail, Commercial, Wholesale and Lite Industrial uses. Excellent site for Retail businesses needing Good Road Frontage Exposure .

2860 S M-37, Traverse City
$575,000
2 Beds ⋅ 3 Baths ⋅ 1927814 MLS ⋅ Peninsula Place BLDG.
PENINSULA PLACE - a five story, 42 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 Side of Building. Rooftop Garden. To Be Built, Groundbreaking was September 2021. Completion spring/summer 2024. Sizes range from 796-1545+ SQ FT. Indoor parking subject to availability on site at additional cost. Marketing Brochure and Layouts available online. Prices from $336,000+

(Unit 309) 330 E State Street Unit 309, Traverse City
$575,000
2 Beds ⋅ 3 Baths ⋅ 1927813 MLS ⋅ Peninsula Place BLDG.
PENINSULA PLACE - a five story, 42 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 Side of Building. Rooftop Garden. To Be Built, Groundbreaking Target is July 2021. Completion spring/summer 2023. Sizes range from 796-1545+ SQ FT. Indoor parking subject to availability on site at additional cost. Marketing Brochure and Layouts available online. Prices from $336,000+

(Unit 210) 330 E State Street Unit 210, Traverse City
$502,230
1926993 MLS
This Class A professional office space is located just steps away from West Grand Traverse Bay in the heart of Traverse City. A prime investment opportunity for discerning office building investors. This 1,768 SF property, constructed in 2015 and zoned Commercial C-2, offers 100% occupancy in the thriving Traverse City area. With a contemporary design and a focus on modern functionality, this fully leased asset provides an ideal setting for office space, catering to the needs of today's business environment. Positioned for success and offering stability through full occupancy, this property represents a compelling opportunity to secure a high-performing asset in a sought-after location. Don't miss the chance to elevate your investment portfolio with this turnkey opportunity. Tenant's initial lease term ends in March of 2026. Tenant has two 3-year options to renew.

607 Randolph Street Unit 101, Traverse City
$575,000
2 Beds ⋅ 3 Baths ⋅ 1884738 MLS ⋅ Peninsula Place BLDG.
PENINSULA PLACE - a five story, 42 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 Side of Building. Rooftop Garden. To Be Built, Groundbreaking was September 2021. Completion spring/summer 2024. Sizes range from 796-1545+ SQ FT. Indoor parking subject to availability on site at additional cost. Marketing Brochure and Layouts available online. Prices from $336,000+

(Unit 304) 330 E State Street Unit 304, Traverse City
$575,000
2 Beds ⋅ 3 Baths ⋅ 1872650 MLS ⋅ Peninsula Place BLDG.
PENINSULA PLACE - a five story, 42 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 Side of Building. Rooftop Garden. To Be Built, Groundbreaking Target is July 2021. Completion spring/summer 2023. Sizes range from 796-1545+ SQ FT. Indoor parking subject to availability on site at additional cost. Marketing Brochure and Layouts available online. Prices from $336,000+

(Unit 204) 330 E State Street Unit 204, Traverse City
$580,900
2 Beds ⋅ 3 Baths ⋅ 1872665 MLS ⋅ Peninsula Place BLDG.
PENINSULA PLACE - a five story, 42 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 Side of Building. Rooftop Garden. To Be Built, Groundbreaking Target is July 2021. Completion spring/summer 2023. Sizes range from 796-1545+ SQ FT. Indoor parking subject to availability on site at additional cost. Marketing Brochure and Layouts available online. Prices from $336,000+

(Unit 308) 330 E State Street Unit 308, Traverse City
$575,000
1888022 MLS ⋅ Copper Ridge BLDG.
INVESTMENT OPPORTUNITY This 2,300sf office suite has been converted to individual office suites each leased separately, fully leased at this time. The suite has a large reception area, 7 private offices, conference room, kitchen and a kitchenette and 2 private parking spaces in the parking garage. Copper Ridge offers convenience to the downtown business corridor and Munson Hospital without the chaos of being downtown with generous parking lots and gorgeous views.

4020 Copper View Unit 104, Traverse City
$581,298
2 Beds ⋅ 3 Baths ⋅ 1882461 MLS ⋅ Peninsula Place BLDG.
PENINSULA PLACE - a five story, 42 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 Side of Building. Rooftop Garden. To Be Built, Groundbreaking Target is July 2021. Completion spring/summer 2023. Sizes range from 796-1545+ SQ FT. Indoor parking subject to availability on site at additional cost. Marketing Brochure and Layouts available online. Prices from $336,000+

(Unit 310) 330 E State Street Unit 310, Traverse City
$550,000
1 Beds ⋅ 2 Baths ⋅ 1918848 MLS ⋅ Peninsula Place BLDG.
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 12 of 35 units available(one on the 3rd floor, 7 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, set to be built over the next 24 months. Construction is set to re-commence April 2024, with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.

(Unit 301) 330 E State Street Unit 301, Traverse City
$532,949
1 Beds ⋅ 2 Baths ⋅ 1872649 MLS ⋅ Peninsula Place BLDG.
PENINSULA PLACE - a five story, 42 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 Side of Building. Rooftop Garden. To Be Built, Groundbreaking Target is July 2021. Completion spring/summer 2023. Sizes range from 796-1545+ SQ FT. Indoor parking subject to availability on site at additional cost. Marketing Brochure and Layouts available online. Prices from $336,000+

(Unit 302) 330 E State Street Unit 302, Traverse City
$580,900
2 Beds ⋅ 3 Baths ⋅ 1872659 MLS ⋅ Peninsula Place BLDG.
PENINSULA PLACE - a five story, 42 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 Side of Building. Rooftop Garden. To Be Built, Groundbreaking Target is July 2021. Completion spring/summer 2023. Sizes range from 796-1545+ SQ FT. Indoor parking subject to availability on site at additional cost. Marketing Brochure and Layouts available online. Prices from $336,000+

(Unit 303) 330 E State Street Unit 303, Traverse City
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