123 Front St Traverse City, MI 49684

OFF-MARKET

Retail properties & Spaces

3,520 SF

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This thriving, turnkey restaurant in downtown Traverse City, Michigan is available for $200,000. Located at 123 W Front St, near Union St, this 3,520 square foot establishment boasts a recently remodeled (2024) coastal design with new furnishings and equipment. The sale includes a valuable liquor license and all equipment, including a hood vent, tables, chairs, and other personal property. The business is offered as a sale of the business only

Property type Retail properties & Spaces

Total area 3,520 SF

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Restaurant
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Clothing & Fashion Store

123 Front St Traverse City, MI 49684

Traverse City metro

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Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation by Request
3,520 SF

121 Un St

NIGHTCLUB (COCKTAIL LOUNGE)

121 Un St, Traverse City, MI 49684-2519

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Value Estimation by Request
3,872 SF

901 Frnt St

NIGHTCLUB (COCKTAIL LOUNGE)

901 Frnt St, Traverse City, MI 49684-2397

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Value Estimation by Request
3,319 SF

125 State St

NIGHTCLUB (COCKTAIL LOUNGE)

125 State St, Traverse City, MI 49684-2512

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Value Estimation by Request
3,680 SF

119 Un St

NIGHTCLUB (COCKTAIL LOUNGE)

119 Un St, Traverse City, MI 49684-2662

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Value Estimation by Request
3,500 SF

120 Park St

NIGHTCLUB (COCKTAIL LOUNGE)

120 Park St, Traverse City, MI 49684-2511

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Value Estimation by Request
2,430 SF

540 Frnt St

NIGHTCLUB (COCKTAIL LOUNGE)

540 Frnt St, Traverse City, MI 49684-2208

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