Compact Restaurant
New
For Lease
$2,600/Mo
124 Cochlin Street, Traverse City, MI 49686
COMMERCIAL - Traverse City, MI
Space SizeContact for details
Lot Size0.33 Acres
Days on Market2
Property Features for 124 Cochlin Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning description
Commercial
Parking features
Parking Lot
Exterior features
Block
Directions
Front and Cochlin. Across NMC
Subdivision
Grand Traverse
Standard status
Active
Size
550 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Description
S 115FT OF LOT 69 AND ALL OF LOT 70 FOSTER & CROTSERS ADD
Legal Description
S 115FT OF LOT 69 AND ALL OF LOT 70 FOSTER & CROTSERS ADD
Building Details
Building materials
Block
Roof type
Membrane
Listing Agency:
REMAX Bayshore - Union St TC · RE/MAX International
(231) 941-4500
Listed By:
Matthew Dakoske · License #6501148333
(231) 590-7722
Added: Aug 10
Last Checked: Aug 11 at 5:06PM
MLS# 1949105
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 restaurant property offers 550 square feet of commercial space within a 0.33-acre parcel. The building uses block construction and includes a membrane roof, providing a straightforward physical profile for a compact food-service operation. The property is identified as a conventional restaurant and is also suitable for consideration as a commercial kitchen or storefront space.
Located at 124 Cochlin Street in Traverse City, Michigan, the site includes a dedicated parking lot. The property information identifies the space as Suite B and places it within Grand Traverse County. Its modest footprint and restaurant classification create a focused setting for an operator seeking commercial food-service premises.
Located at 124 Cochlin Street in Traverse City, Michigan, the site includes a dedicated parking lot. The property information identifies the space as Suite B and places it within Grand Traverse County. Its modest footprint and restaurant classification create a focused setting for an operator seeking commercial food-service premises.
Key Highlights
- 550 SF restaurant space
- 0.33‑acre parcel
- Block construction and membrane roof
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$8.51 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
52k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 76%
Hotels & Casinos 20%
Shops & Services 4%
Starbucks
Dining
15,610 visits/mo
0.3 miles
Little Caesars Pizza
Dining
9,060 visits/mo
0.2 miles
Jimmy John's
Dining
7,341 visits/mo
0.2 miles
Jersey Mike's Subs
Dining
6,886 visits/mo
0.0 miles
Cambria Hotel Traverse City
Hotels & Casinos
6,208 visits/mo
0.2 miles
Demographics for 49686, MI
25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value
Market
Lease Benchmarks for Traverse City, MI
$27.75 /SF/Yr
Avg Asking Price
$25–$32.26 /SF/Yr
Price Range
2,787 SF
Avg Space Size
This space is priced 104% above the average of $27.75 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Block construction, membrane roofing, and lot parking define this small commercial food-service setting.
Where is this conventional restaurant located?
The property is located at 124 Cochlin Street Traverse City, MI.
What is the lease rate?
The lease rate is $2,600/Mo.
What are key features of this property?
This property features: 550 SF restaurant space; 0.33‑acre parcel; Block construction and membrane roof
