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Downtown Traverse City Commercial Building
For Lease
$7,438/Mo

120 Park St, Traverse City, MI 49684

Versatile building in downtown Traverse City suitable for various businesses.

Days on Market100

Property Features for 120 Park St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1956
Listing Agency: Twin Bay Properties, LLC
Listed By: David G Cutler · License #6502417683
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 31 at 6:19AM

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 Twin Bay Properties, LLC

Investment Insights

Based on property information with market context.

Located in the heart of Downtown Traverse City, this building offers a versatile space suitable for various commercial purposes. The existing building was previously used as a micro brewery and could be re-established. Alternatively, it could be converted back into a restaurant, as hoods, vents, and a walk-in cooler are already included. The property is also suitable for use as a retail store or commercial office. The location boasts a bike score of 85, indicating it is very bikeable, and a walk score of 84, signifying it is very walkable.

Key Highlights

  • Prime Downtown Traverse City Location
  • Existing Infrastructure for Restaurant/Brewery: Hoods, vents, and walk‑in cooler are already in place!
  • Versatile Building Suitable for Brewery, Restaurant, Retail, or Office

Property Analytics

Current Use

UBrew Homebrew Supply Big Box & Wholesale Store Fresh Coast Beer ... Production Facility

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Electrical Service HVAC Service Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

2,085
Businesses Nearby

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

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Brewery - Versatile building in downtown Traverse City suitable for various businesses.
Where is this brewery located?
The property is located at 120 Park St 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: Prime Downtown Traverse City Location; Existing Infrastructure for Restaurant/Brewery: **Hoods, vents, and walk‑in cooler are already in place!**; Versatile Building Suitable for Brewery, Restaurant, Retail, or Office
More about this property
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