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Downtown Bar and Restaurant Space
For Lease
$28 SF/Yr

117 Union Street, Traverse City, MI 49684

COMMERCIAL - Traverse City, MI

Space SizeContact for details
Lot Size0.06 Acres
Days on Market93

Property Features for 117 Union Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning description Commercial
Exterior features Brick
Lot features Corner Lot
Directions South East corner of the alley and Union St intersection between Front St and State St. Entrance is on Union street. First Floor unit
Subdivision Grand Traverse
Standard status Active
Size 2,586 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Description LOT 1 HANNAH LAY & CO'S 4TH SUB EXC PARTY WALL RIGHTS
Legal Description LOT 1 HANNAH LAY & CO'S 4TH SUB EXC PARTY WALL RIGHTS

Building Details

Building materials Brick, Timber Frame
Roof type Membrane
Listing Agency: Three West, LLC
Listed By: David Frost · License #6501203019
Added: May 20 Changed: Aug 4 Last Checked: Aug 20 at 11:06PM
MLS# 1945459

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 downtown first-floor space is suited for a bar, restaurant, retail, or office use. The interior features a prominent wood bar that remains intact, along with an open layout supported by tall ceilings, plenty of glass, and exposed brick. The space has been cleared out and is ready for remodeling to fit a new tenant’s needs, and the owner is willing to participate in remodel costs depending on the intended use and the final lease terms.

Located in the heart of Downtown Traverse City, just off Front Street in the active 100 block of Union Street. The property is also identified as the former Union Street Station.

Existing buildout supports hospitality-style concepts, while the cleared condition provides flexibility for other commercial formats within the same first-floor footprint.

Key Highlights

  • First‑floor space in the active 100 block of Union Street, just off Front Street in downtown
  • Former Union Street Station with an intact wood bar suitable for bar, restaurant, retail, or office use
  • Open layout with tall ceilings, plenty of glass, and exposed brick

Property 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 Building Supply Electrical Service HVAC Service

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Bar & Pub - First-floor bar and restaurant space in downtown Traverse City with tall ceilings, glass, and exposed brick.
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: First‑floor space in the active 100 block of Union Street, just off Front Street in downtown; Former Union Street Station with an intact wood bar suitable for bar, restaurant, retail, or office use; Open layout with tall ceilings, plenty of glass, and exposed brick
More about this property
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