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Bar Space with Original Wood Bar

117 Union Street, Traverse City, MI 49684

For Lease
$28 SF/Yr

An open interior combines tall ceilings, abundant glass, exposed brick, and an intact wood bar.

Space SizeContact for details
Property Size2,586 SF
Days on Market171

Property Features for 117 Union Street

General Information

Standard status Active
Size 2,586 SF
Zoning Commercial

Additional Details

Floor 1

Building Details

Building Size 2,586 SF
Year Built 1900
Listing Agency: Inca Realty, LLC
Listed By: Wilson Lahoud · License #6501303462
Source: Propertiesatincarealty
Added: May 20 Changed: Nov 6 Last Checked: Nov 6 at 3:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Inca Realty, LLC

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Investment Insights

Based on property information with market context.

This 2,586-square-foot commercial space has an open interior with tall ceilings, extensive glass, exposed brick, and a wood bar that remains in place. The space is cleared for remodeling, with the owner willing to contribute to costs based on the proposed use and lease terms.

The property is on Union Street in downtown Traverse City, just off Front Street in the 100 block. Commercial zoning supports the property's stated potential for bar, restaurant, retail, or office use.

Key Highlights

  • 2,586 square feet of commercial space
  • Wood bar remains in place
  • Tall ceilings, extensive glass, and exposed brick

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Union Street Station Bar & Pub Verts Neighborhood Cannabis ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Electrical Service HVAC Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,052
Businesses Nearby
29k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 56% Hotels & Casinos 19% Groceries 8% Dining 7%
Chase Bank Shops & Services
6,517 visits/mo 0.3 miles
Hotel Indigo Traverse City Hotels & Casinos
5,501 visits/mo 0.2 miles
Fifth Third Bank & ATM Shops & Services
5,224 visits/mo 0.1 miles
Huntington Bank Shops & Services
3,876 visits/mo 0.3 miles
Rocket Fizz Groceries
2,403 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • SideTraxx Dance Bar — 520 Franklin St, Traverse City, MI 49686
  • Brady's Bar — 401 S Union St, Traverse City, MI 49684
  • The Parlor TC — 205 Lake Ave, Traverse City, MI 49684
  • Lake District Wine Co. — 539 E Eighth St, Traverse City, MI 49686
  • The Lounge at KBB — 436 W Front St Suite A, Traverse City, MI 49684

Frequently Asked Questions

What type of property is this?
Bar & Pub - An open interior combines tall ceilings, abundant glass, exposed brick, and an intact wood bar.
Where is this bar & pub located?
The property is located at 117 Union Street Traverse City, MI.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 2,586 square feet of commercial space; Wood bar remains in place; Tall ceilings, extensive glass, and exposed brick
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