Restaurant Building with Brewery
For Lease
$7,438/Mo
120 Park Street, Traverse City, MI 49684
COMMERCIAL - Traverse City, MI
Property Size3,500 SF
Lot Size0.17 Acres
Days on Market550
Property Features for 120 Park Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
Commercial
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Parking features
Parking Lot
Exterior features
Block
Lot features
Corner Lot, Freestanding
Directions
Downtown Traverse City. West side of Park Street between State and Front
Subdivision
Grand Traverse
Standard status
Active
Size
3,500 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
N 56 FT OF LOTS 11 & 12 BLK 6 ORIG PLAT
Legal Description
N 56 FT OF LOTS 11 & 12 BLK 6 ORIG PLAT
Building Details
Building materials
Block, Steel
Roof type
Membrane
Listing Agency:
Twin Bay Properties, LLC
(231) 357-7800
Listed By:
David Cutler · License #6502417683
(231) 357-7800
Added: Jan 28, 2025
Changed: Jul 14
Last Checked: Aug 1 at 11:06AM
MLS# 1930457
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial building in downtown Traverse City was previously used as a micro brewery and can be re-established or converted back to a restaurant. The existing setup includes hoods, vents, and a walk-in cooler, supporting foodservice operations. The property could also be repurposed for a retail store or commercial office, depending on the tenant’s concept.
Located at 120 Park Street in Traverse City, the building offers a central downtown presence. The property size is listed at 3,500 square feet on approximately 0.17 acres.
With its brewery-to-restaurant conversion-ready improvements, the space is well suited for operators looking for an existing foodservice-oriented configuration.
Located at 120 Park Street in Traverse City, the building offers a central downtown presence. The property size is listed at 3,500 square feet on approximately 0.17 acres.
With its brewery-to-restaurant conversion-ready improvements, the space is well suited for operators looking for an existing foodservice-oriented configuration.
Key Highlights
- Block construction with steel components
- Membrane roof
- Parking lot on site
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$3.82 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,085
Businesses Nearby
Explore this area
Business Placement
Demographics for 49684, MI
22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Brewery - Downtown Traverse City building previously used as a micro brewery, with hoods, vents, and a walk-in cooler included.
Where is this brewery located?
The property is located at 120 Park Street Traverse City, MI.
What is the lease rate?
The lease rate is $7,438 /Mo.
What are key features of this property?
This property features: Block construction with steel components; Membrane roof; Parking lot on site
