22 Baths

$3,800,000

2960 Arbutus Hill Road, Traverse City MI, 49696

Price per sqftN/A

Built in1955

Property typeCommercial

Courtesy of Brenda S Irish-Heintzelman, Traverse City Realty

Overview

Active

Listed Apr 24, 2026

Updated Aug 6

Location, easy-access, high visibility, and income potential all come together in this unique Northern Michigan property. Located 8 miles south of Cherry Capital Airport, this property offers 36 acres + with 18 furnished rentals including 1, 2, and 3-BR units - in addition to a four-bedroom main residence on-site with attached apartment. This is an exceptional opportunity for investors, short-term rental buyers, or developers looking for prime real estate in one of Michigan's most popular year-round tourist destinations - Traverse City. The existing units provide the foundation for a resort, vacation rental community, corporate retreat, extended-stay property, special event venue, or other income-producing ventures. With direct frontage right on Garfield Rd, this property offers offers high-visibility and easy-access for commercial uses - such as retail or office space - or businesses providing services to travelers - including restaurants, motels, convenience stores, etc. (subject to local zoning and use permits). Guests can enjoy the award-winning restaurants, wineries, and festivals right in Traverse City - which has become known worldwide as a highly-desired tourist destination - then retreat after their busy day of sight-seeing to their private comfortably furnished unit in a peaceful country setting. This property is conveniently located near the Brown Bridge Quiet Area and Trailhead, the Arbutus Chain-of-Lakes, and parks, which offer year-round recreational opportunities - including hiking, fishing, canoeing, snowmobiling, birdwatching, and more. • The Flintfields Horseshows - Williamsburg, MI - 16 Miles • Interlochen Arts Academy - 21 Miles • Sleeping Bear Dunes - 48 Miles • Marina in the heart of downtown Traverse City - 12 Miles • Turtle Creek Baseball Stadium - 13 Miles • Turtle Creek Casino - Williamsburg, MI - 16 Miles • Mackinac Bridge - 124 Miles

Additional information

MLS^® ID: 26017794

Interior Features

Bathrooms: 22
Heating: Yes
Basement: No

Exterior Features

Lot Size: 36.5 Acres

Courtesy of Traverse City Realty

The IDX display contains information sourced from the MichRIC® as of 8/6/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated 8/6/2026