537 W Fourteenth St, Traverse City, MI
Retail for Sale - $2,450,000 - 5,500 Sq. Ft.
Agent Info
| Scott Hardy Coldwell Banker Schmidt Realtors |
Property Info
| CIMLS# | 1193276 |
| Location 537 W Fourteenth St Traverse City MI 49684 | |
| Updated | June 26th, 2026 |
| Type | Retail |
| Price | $2,450,000 |
| Building | 5,500 Sq. Ft. |
Property 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 Midwest’s 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. Two Established Locations in Downtown Traverse City:
14th Street - The original location and neighborhood anchor, where the brand was built. 8th Street - High-traffic location with catering production and liquor licensing in place. Both under long-term leases with predictable occupancy costs. Both built out by the founder as his own general contractor at a high level of detail and quality. What Common Good Is: - Crusty artisan breads - Naturally leavened sourdoughs, baguettes, and hearth loaves from a 23,000-lb Italian brick oven. - Fresh-daily pastries- Croissants, Danish, and other breakfast pastries, baked fresh daily. - Cafe experience - Coffee, breakfast sandwiches, desserts, and light fare across two locations. - Catering & wholesale - A growing B2B channel, supported by Class C and SDM liquor licenses for off-site events.



