Traverse City, MI Conventional restaurants for Rent & Lease

Updated: May 20

Bar & Pub Space with Wood Bar

117 Union Street, Traverse City, MI 49684

$28 SF/Yr

2,586 sqft 0.06 AC lot

2,586 SF first‑floor commercial space
Wood bar remains in place for service or display use
Tall ceilings, extensive glass, and exposed brick interior elements
Suitable for bar, restaurant, retail, or office use
Cleared interior ready for tenant remodeling

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Updated: Aug 10

Restaurant Suite

124 Cochlin Street, Traverse City, MI 49686

$2,600/Mo

550 sqft 0.33 AC lot

550 square feet of restaurant space
0.33‑acre site
Suite B at 124 Cochlin Street, Traverse City
Block construction and exterior
Membrane roof

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Freestanding Restaurant with Bay Views

810 E Front Street, Traverse City, MI 49686

$4,500/Mo

1,674 sqft 0.31 AC lot

Standalone restaurant space with dining facilities, on-site parking, and kitchen equipment available for rent.

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Freestanding QSR with Absolute NNN Lease

720 E Front St, Traverse City, MI 49686

Contact for pricing

3,194 sqft 0.61 AC lot

Freestanding 3,194 SF quick-service restaurant on a 0.61-acre parcel with a 20-year absolute NNN lease.

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Microbrewery Building With Restaurant Infrastructure

120 Park Street, Traverse City, MI 49684

$7,438/Mo

3,500 sqft 0.17 AC lot

Flexible commercial space with brewery, restaurant, retail, and office conversion potential.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 5 Active listings in Traverse City, MI, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 8 Properties for Sales.

Conventional restaurants for Lease in Nearby Cities

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

Fully Equipped Restaurant Space

719 Kosciusko St, Manistee, MI 49660

$1,500/Mo

2,191 sqft

Restaurant space with seating for more than 40 guests and a commercial kitchen configured for active food service.

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Equipped Conventional Restaurant

719 Kosciusko Street, Manistee, MI 49660

$1,500/Mo

2,191 sqft 0.20 AC lot

Restaurant lease with seating for more than 40 guests and a commercial kitchen configured for food preparation.

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Restaurant Property with Commercial Kitchen

4240 Juddville Rd, Fish Creek, WI 54212

Contact for pricing

2,356 sqft 1.17 AC lot

Flexible restaurant layout with dining areas, bar service, porch seating, parking, and a detached shop.

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Turnkey Restaurant with Employee Housing

3713 Hwy 42, Fish Creek, WI 54212

Contact for pricing

8,844 sqft

Remodeled hospitality property with multiple dining rooms, a full kitchen, outdoor patio, and on-site living quarters.

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Similar Spaces for Sale in Traverse City, MI

Consider Similar Space for Sale. We found 8 Spaces matching your search parameters.

Boardman Riverfront Resort

6841 Brown Bridge Road, Traverse City, MI 49696

$2,950,000

10,404 sqft 40.00 AC lot

Lodging, dining, campsites, recreation facilities, and event space bring multiple operations together on one resort property.

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Riverfront Resort with Lodging

Traverse City, MI 49696

$2,950,000

10,404 sqft 40.00 AC lot

Lodging, dining, camping, recreation, and event facilities operate within a single resort property.

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Freestanding KFC Net Lease

311 US Hwy 31 S, Traverse City, MI 49685

$1,193,292

3,179 sqft 1.96 AC lot

Freestanding KFC on a 1.96-acre parcel along US-31, secured by a 20-year triple net lease.

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Four-Season Riverfront Resort

6841 Brown Bridge Road, Traverse City, MI 49696

$3,500,000

10,404 sqft 40.00 AC lot

Multi-use hospitality property combining lodging, dining, recreation, camping, and event facilities in a natural setting.

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Historic Mixed-Use Building

601 Randolph Street, Traverse City, MI 49684

$1,400,000

3,250 sqft 0.06 AC lot

Standalone brick property combines commercial space with two one-bedroom apartments.

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Historic Mixed-Use Building Near West Bay

601 Randolph Street, Traverse City, MI 49684

$1,400,000

3,250 sqft

Unique mixed-use property in prime location near shopping and dining.

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Commercial Land with Existing Building

120 Park Street, Traverse City, MI 49684

$1,350,000

3,500 sqft 0.17 AC lot

C4-C zoning allows maximum height and density, with no parking requirement for the site.

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Corner Office and Restaurant Building

12930 S West Bay Shore Dr, Traverse City, MI 49684

$1,695,000

Fully furnished corner building with a renovated restaurant main floor and multi-office occupancy upstairs.

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Traverse City, MI Conventional restaurants Lease Rates & Market Statistics

Browse 5 Conventional restaurants for lease in Traverse City, MI on Realmo, a commercial real estate marketplace serving the Traverse City area. The current inventory totals 11,504 square feet of properties.

Conventional restaurants lease rates in Traverse City range from $25.50 SF/Yr at the entry level to $56.73 SF/Yr at the top of the market, averaging $35.62 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $35.62 SF/Yr, the local average runs 70% above Michigan's state average of $20.92 SF/Yr.

Traverse City accounts for 83% of the 6 conventional restaurants currently available across Grand Traverse County, where a nearby market includes Kingsley. Conventional restaurants make up 100% of the 5 Restaurants currently for lease in Traverse City, with asking rates in line with the citywide Restaurants average.

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