$2,450,000
( $408.33Per Sq Foot )
 $13,152 est/mo Sourced by Back At You

1115 E Eighth,Traverse City, MI 49686

Traverse City, MI 49686

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Description

Common Good Bakery is a rare offering: a European-style bakery with an established eight-person management team, premium market positioning, protected intellectual property, and a beloved brand, located in one of the Midwestâs most desirable communities. The business runs today without its founder in daily operations. For the right buyer, whether an experienced hospitality operator, a professional seeking a lifestyle investment, or someone passionate about craft baking who wants a proven concept, Common Good is a turnkey opportunity with exceptional fundamentals and room to grow. The sellers plan to retire and are prepared to support a thoughtful transition.

Details

MLS #80070818
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year2017
Days On Site51
Listing Provided ByColdwell Banker Schmidt Traverse City | Scott Hardy

Features

SQ Feet6,000
ZoningCommercial
Acreage0.43
Water FrontYes

Interior

Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsFrame, Wood Siding
Foundation DetailsSlab
Lot FeaturesShopping Center

Parking

Parking FeaturesParking Lot

Utilities

UtilitiesNatural Gas Connected, Sewer Connected, Water Connected

Other

List AorAspire North REALTORS

Area Information

StateMI
CountyGrand Traverse
CityTraverse City
Zip Code49686
AreaTraverse City (28021)
Community NameCommon Good Bakery
Listing VS Median (in Common Good Bakery)
Price:
$2,450,000
low | high
Med:
$2,450,000
50% of Average
sqft:
6,000
low | high
Med:
6,000
50% of Average
$ / sqft:
$408
low | high
Med:
$408
50% of Average
On site:
51
low | high
Med:
51
100% of Average
Sourced by Back At You

Market Activity 49686

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Additional Information

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Contact

Learn More About This Property

Jessica Juel

Jessica Juel

Arterra

418220RENE, Real Estate Negotiation Expert (248) 878-1961jessica@jessicajuel.com
StateMI
CountyGrand Traverse
CityTraverse City
Zip Code49686
AreaTraverse City (28021)
Community NameCommon Good Bakery
Listing VS Median (in Common Good Bakery)
Price:
$2,450,000
low | high
Med:
$2,450,000
50% of Average
sqft:
6,000
low | high
Med:
6,000
50% of Average
$ / sqft:
$408
low | high
Med:
$408
50% of Average
On site:
51
low | high
Med:
51
100% of Average
Sourced by Back At You
Listing Updated: July 14, 2026 at 1:11:34 PM PDT

Jessica Juel - Arterra Realty