Traverse North Realty, Old Mission, Downtown Traverse City, Waterfront, Foreclosures

Featured Listings

 


Baggs Rd-$60,000

Check out this 2 acre vacant parcel located close to the Elk Lake boat launch, Sand Lakes trails and the famous equestrian festival grounds. This level lot features a terrific mix of 100 year old maples, pine forests and level grassy fields and already has the driveway in place. Easy access to downtown Traverse City, Elk Rapids and is located in the popular Elk Rapids School System. Click here for more information

 


23 Cinnamon Ln-$55,000

 

Exceptional vacant parcel located in popular East Bay Township - Close to numerous lakes, State land, parks and less than 10 miles to downtown Traverse City. This almost acre sized corner lot is mostly flat and slightly elevated for nice views of the country side. This lot features one of the more private settings in the Cinnamon Ridge Subdivision. Close by schools include multiple elementary schools, private schools and a middle school. Easy access to everything that makes Traverse City a great place to live! Click here for more information


North Bay Landings $1,250,000

 

Incredible opportunity to own a lakefront cabin resort on the shores of Houghton Lake, Michigan's largest inland lake and the gateway to Northern Michigan. This well-established resort features 7 two-bedroom cabins, a three-bedroom lakefront home, and an additional two-bedroom home located on a private wooded lot across the street. The property offers 150 feet of beautiful sandy lake frontage, providing panoramic views and direct access to the water.--------- The resort sits on five separate parcels and includes two large docks, firepits, and a spacious open area with a playground and basketball court, creating a family-friendly environment that draws many long-term and repeat guests. The cabins are well-spaced for privacy and comfort;-------- The main residence features knotty pine decor for that classic Northwoods feel, two bedrooms, and a large garage ideal for storage or additional workspace. With easy access to US-27, this resort is perfectly located for convenience while still offering the peaceful charm of a true up-north retreat.----------------------- Whether you’re looking to continue a successful hospitality business, develop the property further, or create a private family retreat, this property offers endless potential in one of Michigan’s most desirable recreational areas. Click here for more details


Waterway Inn $990,000

Exceptional opportunity to own the Waterway Inn—Indian River’s top-rated lodging facility and a thriving, fully renovated four-season business in the heart of Northern Michigan’s Inland Waterway. Sitting on nearly 2 acres of commercial-zoned land just 300 feet off I-75, this turnkey property offers significant growth potential with room for expansion. Originally purchased as the Coach House Motel in 2019, the owners have invested over $400,000 in improvements, elevating the property’s reputation to a 4.6-star Google rating and earning the #1 spot on TripAdvisor for lodging in Indian River. The Inn features 11 fully updated rooms, six income-producing mobile homes, and a spacious 3-bedroom, 1-bath owner’s quarters. A profitable public drop-off laundry service adds an additional revenue stream. Every room and mobile home has been renovated with new beds, linens, Roku TVs, high-speed internet, and a modern reservation system that seamlessly connects to major booking platforms. Centrally located, the Waterway Inn is the only lodging facility within walking distance to downtown Indian River, Burt Lake State Park, two boat launches, and direct access to the North Central State Trail. Its prime location off Exit 310 also captures a steady flow of walk-in traffic. The Inn benefits from repeat business, exclusive partnerships with local golf courses, fishing charters, and outdoor adventure companies, and is frequently at full capacity during peak seasons and even throughout the off-season. With a strong 16% cap rate, this property offers excellent cash flow and investment potential. Indian River is a rapidly growing destination with over $6 million in recent commercial investment, limited commercial-zoned land, and easy access to Petoskey, Harbor Springs, Bay Harbor, and Mackinaw City. Offered turn-key, this sale includes the real estate, business, equipment, furnishings, and detailed operational records—ready for new ownership. Click here for more information

 


 

 

 

 

 

 

 


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