Bar & Pub

Traverse City, MI Bars & Pubs for Sale

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Restaurant-Bar with Rooftop Deck
Updated: Jun 14
Restaurant-Bar with Rooftop Deck

423 S Union Street Unit North Ad, Traverse City, MI 49684

$725,000
1,206 sqft
2009 north addition restaurant/bar space (17 x 165' lot dimensions) in Traverse City’s Old Town neighborhood
Approximately 1,200 SF restaurant/bar/retail area with rooftop deck and bar
Outdoor seating in front of the building plus an overhead door to open the space to the outdoors
Roof is membrane; HVAC includes central air and heating system listed as "3"
Parking includes a garage, lot, and on‑street parking; adjacent to the Old Town parking deck
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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 1 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Turn-Key Bar & Restaurant with Liquor
Turn-Key Bar & Restaurant with Liquor

9289 Walta Street, Kaleva, MI 49645

$599,000
5,159 sqft 1.15 AC lot

Turn-key Kaleva bar and restaurant with a full kitchen buildout, seating, and a Class C liquor license included.

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Roadside Restaurant and Outdoor Bar
Roadside Restaurant and Outdoor Bar

116 W Wexford Avenue, Buckley, MI 49620

$550,000
2,765 sqft 1.66 AC lot

Turn-key bar and restaurant with a production kitchen and large outdoor bar seating for events and live music.

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Turn-Key Restaurant and Bar
Turn-Key Restaurant and Bar

9289 Walta St, Kaleva, MI 49645

$599,000

Turn-key restaurant and bar offering a full Class C liquor license and complete kitchen and seating for immediate operation.

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Established Buckley Roadside Bar Business
Established Buckley Roadside Bar Business

116 W Wexford Ave, Buckley, MI 49620

$550,000
2,765 sqft

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

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Turn-Key Waterfront Restaurant
Turn-Key Waterfront Restaurant

2403 Sunnyside Drive, Cadillac, MI 49601

$774,000
5,136 sqft 3.00 AC lot

A high-traffic Cadillac restaurant with waterfront water views, including interior seating and seasonal deck dining.

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Turn-Key Waterfront Restaurant
Turn-Key Waterfront Restaurant

2403 Sunnyside Drive, Cadillac, MI 49601

$774,000
5,136 sqft 3.00 AC lot

For sale restaurant with interior dining, a waterfront deck, catering services, and liquor/beer/wine licensing.

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Commercial Land Parcel with Highway Access
Commercial Land Parcel with Highway Access

1400 LYNN Avenue, Fond Du Lac, WI 54935

$275,000
2.57 AC lot

C-2 General Business District commercial land parcel located right off Highway 23 near Aurora Medical Clinic.

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Corner Commercial Development Parcel
Corner Commercial Development Parcel

LYNN Avenue, Fond Du Lac, WI 54935

$260,000
1.30 AC lot

Corner commercial parcel zoned C-2, located off Highway 23 near Aurora Medical Clinic.

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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

Value Estimation by Request
3,570 sqft 1.15 AC lot
View details
117 Un St
NIGHTCLUB (COCKTAIL LOUNGE)

117 Un St, Traverse City, MI 49684-2664

Value Estimation by Request
5,146 sqft 0.06 AC lot
View details
121 Un St
NIGHTCLUB (COCKTAIL LOUNGE)

121 Un St, Traverse City, MI 49684-2519

Value Estimation by Request
3,520 sqft 0.06 AC lot
View details
119 Un St
NIGHTCLUB (COCKTAIL LOUNGE)

119 Un St, Traverse City, MI 49684-2662

Value Estimation by Request
3,680 sqft 0.06 AC lot
View details
125 State St
NIGHTCLUB (COCKTAIL LOUNGE)

125 State St, Traverse City, MI 49684-2512

Value Estimation by Request
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

Value Estimation by Request
2,811 sqft 0.22 AC lot
View details
439 8th St
NIGHTCLUB (COCKTAIL LOUNGE)

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

Value Estimation by Request
6,028 sqft 0.87 AC lot
View details
901 Frnt St
NIGHTCLUB (COCKTAIL LOUNGE)

901 Frnt St, Traverse City, MI 49684-2397

Value Estimation by Request
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 13 bars & pubs for sale in Traverse City, MI on our real estate platform. These investment opportunities span a total of 102,592 square feet of properties for sale, with an estimated market value of $11,725,000.

Sale prices for pubs in Traverse City, MI start at $725,000, averaging $5,862,500, and reaching up to $11,000,000 — 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 13
Bars & Pubs 4
Coffee shops 1
Drive through restaurants 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 $787.3K
49686 $11M

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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