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    Traverse City, MI
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    Traverse City, MI Bars & Pubs for Sale

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    Entertainment Property in Cherryland Center
    Updated: May 26
    Entertainment Property in Cherryland Center

    1212 W South Airport Rd, Traverse City, MI 49686

    $7,500,000
    101,386 sqft
    High‑visibility commercial property in Cherryland Center at the corner of Garfield Avenue and South Airport Road.
    Proven, year‑round entertainment concept currently operating as K1 Speed Traverse City with indoor electric go‑kart track.
    Includes an extensive arcade, the Paddock Lounge restaurant and bar, and dedicated areas for private parties and corporate events.
    Building designed for high‑capacity operations and flexible commercial use with 20‑foot ceilings.
    Infrastructure features multiple semi and shop bays with various overhead doors for efficient access and adaptability.
    View details
    Indoor Go-Kart Racing Facility
    Updated: Mar 25
    Indoor Go-Kart Racing Facility

    C-1212 W South Airport Rd, Traverse City, MI 49686

    $2,500,000
    61,502 sqft
    Turnkey indoor go‑kart racing facility in Traverse City, MI
    Professionally designed indoor track with electric go‑karts
    Climate‑controlled facility for year‑round operation
    On‑site arcade plus Paddock Lounge restaurant and bar
    Multiple event income streams including birthday parties, team‑building, and private group bookings
    View details
    Historic Storefront with Wood Bar
    Historic Storefront with Wood Bar

    117 Union Street, Traverse City, MI 49684

    Contact for pricing
    2,586 sqft

    First-floor commercial space with exposed brick, tall ceilings, and flexible retail or office potential.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Lower-Level Retail Space
    Lower-Level Retail Space

    161 Front Street, Traverse City, MI 49684

    Contact for pricing
    4,240 sqft

    Lower-level commercial space includes separate entry points from Front Street and the Boardman River side.

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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 4 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Buckley Roadside Bar For Sale
    Established Buckley Roadside Bar For Sale

    116 W Wexford Ave, Buckley, MI 49620

    $550,000
    3,000 sqft 1.66 AC lot

    Turn-key bar and restaurant with expansion potential in Buckley, Michigan.

    View details
    Roadside Bar with Silo Gazebo Bar
    Roadside Bar with Silo Gazebo Bar

    116 W Wexford Avenue, Buckley, MI 49620

    $550,000
    2,765 sqft 1.66 AC lot

    Converted to natural gas and includes covered silo gazebo bar with seating for 120.

    View details
    Historic Saloon with Patio
    Historic Saloon with Patio

    Lake City, MI 49651

    $475,000
    2,300 sqft

    Bar space and patio total approximately 2,300 square feet each, with views overlooking Lake Missaukee.

    View details
    Waterfront Restaurant and Bar
    Waterfront Restaurant and Bar

    Lake City, MI 49651

    $499,900
    2,461 sqft

    Fully equipped dining property with commercial kitchen, furnishings, and seasonal outdoor service areas.

    View details

    Off-Market Properties in Traverse City, MI

    Consider similar Off-Market properties in Traverse City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    123 Front St
    Restaurants

    123 Front St, Traverse City, MI 49684

    Value Estimation by Request
    3,520 sqft
    View details
    273 Us Hwy 31st S
    BAR, TAVERN

    273 Us Hwy 31st S, Traverse City, MI 49685-8709

    $395,000
    Estimated value
    3,570 sqft 1.15 AC lot
    View details
    117 Un St
    NIGHTCLUB (COCKTAIL LOUNGE)

    117 Un St, Traverse City, MI 49684-2664

    $305,000
    Estimated value
    5,146 sqft 0.06 AC lot
    View details
    121 Un St
    NIGHTCLUB (COCKTAIL LOUNGE)

    121 Un St, Traverse City, MI 49684-2519

    $280,000
    Estimated value
    3,520 sqft 0.06 AC lot
    View details
    119 Un St
    NIGHTCLUB (COCKTAIL LOUNGE)

    119 Un St, Traverse City, MI 49684-2662

    $270,000
    Estimated value
    3,680 sqft 0.06 AC lot
    View details
    125 State St
    NIGHTCLUB (COCKTAIL LOUNGE)

    125 State St, Traverse City, MI 49684-2512

    $280,000
    Estimated value
    3,319 sqft 0.10 AC lot
    View details
    120 Park St
    NIGHTCLUB (COCKTAIL LOUNGE)

    120 Park St, Traverse City, MI 49684-2511

    Value Estimation by Request
    3,500 sqft 0.17 AC lot
    View details
    221 Garland St
    NIGHTCLUB (COCKTAIL LOUNGE)

    221 Garland St, Traverse City, MI 49684-2271

    Value Estimation by Request
    8,872 sqft 0.29 AC lot
    View details
    520 Franklin St
    NIGHTCLUB (COCKTAIL LOUNGE)

    520 Franklin St, Traverse City, MI 49686-2637

    $290,000
    Estimated value
    2,811 sqft 0.22 AC lot
    View details
    439 8th St
    NIGHTCLUB (COCKTAIL LOUNGE)

    439 8th St, Traverse City, MI 49686-2846

    $425,000
    Estimated value
    6,028 sqft 0.87 AC lot
    View details
    901 Frnt St
    NIGHTCLUB (COCKTAIL LOUNGE)

    901 Frnt St, Traverse City, MI 49684-2397

    $445,000
    Estimated value
    3,872 sqft 0.66 AC lot
    View details
    540 Frnt St
    NIGHTCLUB (COCKTAIL LOUNGE)

    540 Frnt St, Traverse City, MI 49684-2208

    Value Estimation by Request
    2,430 sqft 0.37 AC lot
    View details

    Traverse City, MI Bars & Pubs Market Trends and Statistics

    Explore 16 bars & pubs for sale in Traverse City, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 169,714 square feet of properties for sale, with an estimated market value of $10,000,000.

    Sale prices for pubs in Traverse City, MI start at $2,500,000, averaging $5,000,000, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 24
    Bars & Pubs 11
    Coffee shops 2
    Drive through restaurants 2
    Commercial kitchens 1

    Demographics Overview

    Population 78K
    Population Growth (5Y) -35.5%
    Median Household Income $78,889
    College Educated 59.4%

    High-Yield Neighborhoods for Investment

    Identify Traverse City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49684 $1.6M
    49686 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 4.34%
    Property Tax per SF $71.64 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grand Traverse County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Grand Traverse County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Traverse City fall within the 2,500 to 5,000 square foot range.

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    Popular Searches in Traverse City, MI

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    Most Searched ZIP Codes in Traverse City, MI

    • 49684
    • 49686

    Featured Traverse City Real Estate Agencies

    Realmo connects you with licensed Traverse City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Re/max Bayshore Properties
    500 South Union St. Traverse City, MI 49684
    Phone: 12319415600
    Keller Williams Northern Michigan
    830 E. Front Street, Suite 110 Traverse City, MI
    Phone: 12319478200

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