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Mixed-Use Building with Walk-In Cooler
For Lease
$7,438/Mo

120 Park Street, Traverse City, MI 49684

Hood and vent equipment remains in place, alongside a walk-in cooler; retail and office use are also identified.

Space SizeContact for details
Property Size3,500 SF
Days on Market648

Property Features for 120 Park Street

General Information

Standard status Active
Size 3,500 SF
Property subtype Mixed Use

Restaurant

Commercial Hood Yes
Equipment Included Yes
Walk-In Cooler/Freezer Yes

Amenities

hoods
vents
walk in cooler

Building Details

Building Size 3,500 SF
Year Built 1956
Listing Agency: Twin Bay Properties, LLC
Listed By: David Cutler · License #6502417683
Source: Traversecityrealestate
Added: Jan 28, 2025 Changed: Nov 1 Last Checked: Nov 5 at 10:15AM

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

Rey
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Investment Insights

Based on property information with market context.

This 3,500-square-foot mixed-use property dates to 1956 and includes a walk-in cooler, hood, and vent equipment. Its previous use was as a microbrewery, and the property information also identifies restaurant, retail, and commercial office use options.

The building is at 120 Park Street in downtown Traverse City, Michigan.

Key Highlights

  • 3,500‑square‑foot mixed‑use property
  • Includes a walk‑in cooler, hood, and vent equipment
  • Previously used as a microbrewery

Property Analytics

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

Yes
Commercial hood
NNN (Triple Net)
Lease Type
$3.82 /SF/Yr
CAM

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

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Hood and vent equipment remains in place, alongside a walk-in cooler; retail and office use are also identified.
Where is this mixed-use property 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: 3,500‑square‑foot mixed‑use property; Includes a walk‑in cooler, hood, and vent equipment; Previously used as a microbrewery
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