Traverse City, MI Conventional restaurants for sale

Updated: Sep 15, 2025

Four-Season Riverfront Resort

6841 Brown Bridge Road, Traverse City, MI 49696

$3,500,000

10,404 sqft 40.00 AC lot

40‑acre resort with 15 motel units and a private house
Full‑service restaurant seats 147 guests and includes a liquor license
1,300 feet of private frontage on the Boardman River
25 campsites with restroom and shower buildings
55‑person meeting room and pavilion/game room for 113 people

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Updated: Dec 11, 2024

Brewery Development Parcel with C4-C Zoning

120 Park Street, Traverse City, MI 49684

$1,350,000

3,500 sqft 0.17 AC lot

0.17‑acre development parcel in Downtown Traverse City zoned C4‑C for maximum height and density
C4‑C zoning with minimum setbacks and no parking required
Building lot is 7,392 sq.ft. and property listed at 3,500 sq.ft.
Existing micro brewery setup includes hoods, vents, and a walk‑in cooler
Block construction with steel elements and a membrane roof

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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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Restaurant Space With Rooftop Deck

S 423 S Union Street Unit SourceFi, Traverse City, MI 49684

$725,000

1,206 sqft 0.06 AC lot

A 2009 addition offers outdoor seating, an overhead door, and flexible restaurant, bar, or retail use.

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Four-Season Riverfront Resort

Traverse City, MI 49696

$3,500,000

10,404 sqft 40.00 AC lot

The property combines lodging, dining, recreation, and event facilities in a Northern Michigan setting.

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Restaurant Suite

124 COCHLIN ST, Traverse City, MI 49686

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550 sqft

Suite B at 124 Cochlin Street is positioned for restaurant or takeout use.

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Historic Storefront with Wood Bar

117 Union Street, Traverse City, MI 49684

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2,586 sqft

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

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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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Mixed-Use Property with Riverfront Deck

2020 W South Airport Rd, Traverse City, MI 49686

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14,777 sqft

Flexible commercial property with restaurant, office, and retail components, private restrooms, secure storage, and central heating and air.

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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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Triple Net Restaurant Portfolio

1544 US-31, Traverse City, MI 49686

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Three-unit restaurant portfolio offered on a master lease structure with NNN responsibilities and 7+ years remaining.

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ParkShore Resort Hotel

1401 US-31, Traverse City, MI 49686

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Four-story lodging property with an on-site restaurant, swimming pool, and access to the East Arm of Grand Traverse Bay beach.

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Riverfront Retail and Office

447/449 E Front Street, Traverse City, MI 49686

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Front Street building with Boardman River frontage and mooring space for up to two boats.

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Pizza Hut NNN Leasehold

3050 N US Highway 31 S, Traverse City, MI 49684

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For sale Pizza Hut property offered with an absolute net long-term lease and zero landlord responsibilities.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 14 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Lakefront Hotel Property With Restaurant

7345 W Glenmere Road, Empire, MI 49630

$1,895,000

3,189 sqft 5.00 AC lot

Hotel property with lake frontage, restaurant facilities, guest rooms, and separate cottage accommodations.

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Turn-Key Restaurant with Patio

151 River Street Unit SourceFi, Elk Rapids, MI 49629

Contact for pricing

5,580 sqft

Recently remodeled single-tenant restaurant with a commercial kitchen and outdoor patio seating.

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Restaurant Property with Patio

10235 W Front Street, Empire, MI 49630

Contact for pricing

Operating tavern includes real estate, business assets, and Class C & SDM liquor licenses.

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Waterside Restaurant with Boat-Up Dining

106 Ames Street, Elk Rapids, MI 49629

Contact for pricing

Restaurant includes two outdoor dining decks and a large bar.

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Traverse City, MI Conventional Restaurants Market Trends and Statistics

Explore 14 conventional restaurants for sale in Traverse City, MI, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 49,856 square feet of properties for sale, with an estimated market value of $13,363,292.

Sale prices for conventional restaurants in Traverse City, MI start at $725,000, averaging $1,909,041, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49684	$1M
49685	$1.2M
49686	$2.8M
49696	$3.8M

Neighborhood

Average Price

49684

$1M

49685

$1.2M

49686

$2.8M

49696

$3.8M