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    Traverse City, MI Drive Through Restaurants for Sale

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    Cedar, MI Gross, NE Williamsburg, MI
    Traverse City Redevelopment Opportunity
    $685,000
    4,789 SF

    Traverse City Redevelopment Opportunity

    114 E Griffin Street, Traverse City, MI 49684

    Redevelopment or re-use project in bustling Traverse City!

    • Prime redevelopment opportunity in Traverse City.
    • C‑3 zoning allows for diverse uses including multi‑family housing, restaurants, and retail.
    • Located adjacent to the 14th Street corridor.
    • 4,789‑sqft block building on 0.32 acres.
    • Multi‑family housing potential with 45' maximum building height.
    Updated: Nov 17, 2025
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    Based on your search, we've compiled 51 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 42 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.

    West Branch Commercial Opportunity
    $374,900
    1,922 SF

    West Branch Commercial Opportunity

    Versatile commercial property on E Houghton Ave in West Branch.

    508 E Houghton Avenue, West Branch, MI 48661
    View details
    Alpena Freestanding Wendy’s Investment Property
    $2,153,739
    2,907 SF

    Alpena Freestanding Wendy’s Investment Property

    Freestanding Wendy’s in Alpena, MI with long-term lease.

    1036 W Chisholm St, Alpena, MI 49707
    View details
    West Branch Prime Location Property
    $389,000
    1,922 SF

    West Branch Prime Location Property

    Versatile commercial property in West Branch, endless possibilities.

    508 E Houghton Avenue, West Branch, MI 48661
    View details
    Commercial Lots on Major Thoroughfare
    $185,000
    0.99 Acres

    Commercial Lots on Major Thoroughfare

    Commercial lots with high visibility and traffic flow potential.

    930 & 934 W Washington, Alpena, MI 49707
    View details

    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.

    Retail Building Site in Traverse
    $790,000
    13,348 SF

    Retail Building Site in Traverse

    1.18 acre retail building site in Buffalo Ridge Marketplace.

    Traverse City, MI 49684
    View details
    Retail Building Site in Traverse
    $790,000
    1.18 Acres

    Retail Building Site in Traverse

    1.18 acre retail building site in major shopping destination.

    Traverse City, MI 49684
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    Corner Commercial Land Near Airport
    $1,150,000
    1.74 Acres

    Corner Commercial Land Near Airport

    Prime commercial land near Cherry Capital Airport and Costco.

    TBD Mitten Drive, Traverse City, MI 49686
    View details
    Commercial Property Near Airport Entrance
    $795,000
    2,900 SF

    Commercial Property Near Airport Entrance

    Commercial property with frontage on three roads, ideal for drive-through.

    1518 & 1520 Bridge, Charlevoix, MI 49720
    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.

    1249 Woodmere Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    5,984 SF Lot: 0.47 Acres
    Value Estimation by Request

    1249 Woodmere Ave, Traverse City, MI 49686-4249

    View details
    2504 Us Hwy 31st N
    DRIVE-THRU RESTAURANT, FAST FOOD
    5,839 SF Lot: 1.24 Acres
    Value Estimation by Request

    2504 Us Hwy 31st N, Traverse City, MI 49686-3761

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    2700 Us Hwy 31st S
    DRIVE-THRU RESTAURANT, FAST FOOD
    5,210 SF Lot: 2.11 Acres
    Value Estimation by Request

    2700 Us Hwy 31st S, Traverse City, MI 49684-4527

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    1764 Us Hwy 31st N
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,656 SF Lot: 1.45 Acres
    Value Estimation by Request

    1764 Us Hwy 31st N, Traverse City, MI 49686-3744

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    873 Us Hwy 31st S
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,599 SF Lot: 1.01 Acres
    Value Estimation by Request

    873 Us Hwy 31st S, Traverse City, MI 49685-8716

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    2030 Us Hwy 31st N
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,016 SF Lot: 0.64 Acres
    Value Estimation by Request

    2030 Us Hwy 31st N, Traverse City, MI 49686-3750

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    3606 Us Hwy 31st S
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,388 SF Lot: 1.90 Acres
    Value Estimation by Request

    3606 Us Hwy 31st S, Traverse City, MI 49684-4441

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    101 Us Hwy 31st S
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,414 SF Lot: 3.45 Acres
    Value Estimation by Request

    101 Us Hwy 31st S, Traverse City, MI 49685-8092

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    933 Us Hwy 31st S
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,330 SF Lot: 0.95 Acres
    Value Estimation by Request

    933 Us Hwy 31st S, Traverse City, MI 49685-8038

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    311 Us Hwy 31st S
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,948 SF Lot: 1.96 Acres
    Value Estimation by Request

    311 Us Hwy 31st S, Traverse City, MI 49685

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    3999 Us Hwy 31st S
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,436 SF Lot: 1.02 Acres
    Value Estimation by Request

    3999 Us Hwy 31st S, Traverse City, MI 49684-4446

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    920 Us Hwy 31st S
    DRIVE-THRU RESTAURANT, FAST FOOD
    5,570 SF Lot: 2.45 Acres
    Value Estimation by Request

    920 Us Hwy 31st S, Traverse City, MI 49685-8039

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    1660 Us Hwy 31st N
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,088 SF Lot: 1.34 Acres
    Value Estimation by Request

    1660 Us Hwy 31st N, Traverse City, MI 49686-3742

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    620 Railroad Pl
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,751 SF Lot: 0.63 Acres
    Value Estimation by Request

    620 Railroad Pl, Traverse City, MI 49686-2768

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    523 Munson Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,078 SF Lot: 0.68 Acres
    Value Estimation by Request

    523 Munson Ave, Traverse City, MI 49686-3521

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    110 Munson Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,988 SF Lot: 0.52 Acres
    Value Estimation by Request

    110 Munson Ave, Traverse City, MI 49686-3038

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    876 Munson Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,197 SF Lot: 0.93 Acres
    Value Estimation by Request

    876 Munson Ave, Traverse City, MI 49686-3602

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    111 Grandview Pkwy
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,700 SF Lot: 7.31 Acres
    Value Estimation by Request

    111 Grandview Pkwy, Traverse City, MI 49684-2566

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    1800 Garfield Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    5,566 SF Lot: 1.02 Acres
    Value Estimation by Request

    1800 Garfield Ave, Traverse City, MI 49686-4380

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    1216 Garfield Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,250 SF Lot: 0.23 Acres
    Value Estimation by Request

    1216 Garfield Ave, Traverse City, MI 49686-4331

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    1686 Garfield Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,157 SF Lot: 0.83 Acres
    Value Estimation by Request

    1686 Garfield Ave, Traverse City, MI 49686-4381

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    1445 Division St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,409 SF Lot: 1.15 Acres
    Value Estimation by Request

    1445 Division St, Traverse City, MI 49684-4428

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    405 Division St
    DRIVE-THRU RESTAURANT, FAST FOOD
    432 SF Lot: 0.10 Acres
    Value Estimation by Request

    405 Division St, Traverse City, MI 49684-2234

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    Traverse City, MI Drive Through Restaurants Investment Opportunities Market Analysis

    Explore 43 drive through restaurants for sale in Traverse City, MI on our real estate platform. These investment opportunities span a total of 4,789 square feet of properties for sale, with an estimated market value of $685,000.

    Sale prices for drive-thru businesses in Traverse City, MI start at $685,000, averaging $685,000, and reaching up to $685,000 — 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

    Bars & Pubs 13
    Conventional restaurants 11
    Coffee shops 2
    Drive through restaurants 2

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    49684 $685K

    Taxes & Financing

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

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