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    Traverse City, MI
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    Traverse City, MI Restaurants for Lease

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    Kingsley, MI Elk Rapids, MI Suttons Bay, MI Buckley, MI Leland, MI Kalkaska, MI Lake, MI Beulah, MI
    Bar & Pub Space with Wood Bar
    Updated: May 20
    Bar & Pub Space with Wood Bar

    117 Union Street, Traverse City, MI 49684

    $28 SF/Yr
    2,586 sqft 0.06 AC lot
    2,586 SF first‑floor commercial space
    Wood bar remains in place for service or display use
    Tall ceilings, extensive glass, and exposed brick interior elements
    Suitable for bar, restaurant, retail, or office use
    Cleared interior ready for tenant remodeling
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    Restaurant Suite
    Updated: Aug 10
    Restaurant Suite

    124 Cochlin Street, Traverse City, MI 49686

    $2,600/Mo
    550 sqft 0.33 AC lot
    550 square feet of restaurant space
    0.33‑acre site
    Suite B at 124 Cochlin Street, Traverse City
    Block construction and exterior
    Membrane roof
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    Microbrewery Building With Restaurant Infrastructure
    Microbrewery Building With Restaurant Infrastructure

    120 Park Street, Traverse City, MI 49684

    $7,438/Mo
    3,500 sqft 0.17 AC lot

    Flexible commercial space with brewery, restaurant, retail, and office conversion potential.

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    Freestanding QSR with Absolute NNN Lease
    Freestanding QSR with Absolute NNN Lease

    720 E Front St, Traverse City, MI 49686

    Contact for pricing
    3,194 sqft 0.61 AC lot

    Freestanding 3,194 SF quick-service restaurant on a 0.61-acre parcel with a 20-year absolute NNN lease.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 4 Active listings in Traverse City, MI, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 9 Properties for Sales.

    Restaurants for Lease in Nearby Cities

    Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

    Fully Equipped Restaurant Space
    Fully Equipped Restaurant Space

    719 Kosciusko St, Manistee, MI 49660

    $1,500/Mo
    2,191 sqft

    Restaurant space with seating for more than 40 guests and a commercial kitchen configured for active food service.

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    Equipped Conventional Restaurant
    Equipped Conventional Restaurant

    719 Kosciusko Street, Manistee, MI 49660

    $1,500/Mo
    2,191 sqft 0.20 AC lot

    Restaurant lease with seating for more than 40 guests and a commercial kitchen configured for food preparation.

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    Restaurant Property with Commercial Kitchen
    Restaurant Property with Commercial Kitchen

    4240 Juddville Rd, Fish Creek, WI 54212

    Contact for pricing
    2,356 sqft 1.17 AC lot

    Flexible restaurant layout with dining areas, bar service, porch seating, parking, and a detached shop.

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    Turnkey Restaurant with Employee Housing
    Turnkey Restaurant with Employee Housing

    3713 Hwy 42, Fish Creek, WI 54212

    Contact for pricing
    8,844 sqft

    Remodeled hospitality property with multiple dining rooms, a full kitchen, outdoor patio, and on-site living quarters.

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    Similar Spaces for Sale in Traverse City, MI

    Consider Similar Space for Sale. We found 9 Spaces matching your search parameters.

    Boardman Riverfront Resort
    Boardman Riverfront Resort

    6841 Brown Bridge Road, Traverse City, MI 49696

    $2,950,000
    10,404 sqft 40.00 AC lot

    Lodging, dining, campsites, recreation facilities, and event space bring multiple operations together on one resort property.

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    Riverfront Resort with Lodging
    Riverfront Resort with Lodging

    Traverse City, MI 49696

    $2,950,000
    10,404 sqft 40.00 AC lot

    Lodging, dining, camping, recreation, and event facilities operate within a single resort property.

    View details
    Freestanding KFC Net Lease
    Freestanding KFC Net Lease

    311 US Hwy 31 S, Traverse City, MI 49685

    $1,193,292
    3,179 sqft 1.96 AC lot

    Freestanding KFC on a 1.96-acre parcel along US-31, secured by a 20-year triple net lease.

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    Entertainment Property in Cherryland Center
    Entertainment Property in Cherryland Center

    1212 W South Airport Rd, Traverse City, MI 49686

    $7,500,000
    101,386 sqft

    High-visibility entertainment property with indoor go-kart track and restaurant.

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    Indoor Go-Kart Racing Facility
    Indoor Go-Kart Racing Facility

    C-1212 W South Airport Rd, Traverse City, MI 49686

    $2,500,000
    61,502 sqft

    Turnkey indoor go-kart racing operation with electric karts, arcade, and Paddock Lounge restaurant and bar.

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    Historic Mixed-Use Building
    Historic Mixed-Use Building

    601 Randolph Street, Traverse City, MI 49684

    $1,400,000
    3,250 sqft 0.06 AC lot

    Standalone brick property combines commercial space with two one-bedroom apartments.

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    Historic Mixed-Use Building Near West Bay
    Historic Mixed-Use Building Near West Bay

    601 Randolph Street, Traverse City, MI 49684

    $1,400,000
    3,250 sqft

    Unique mixed-use property in prime location near shopping and dining.

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    Commercial Land with Existing Building
    Commercial Land with Existing Building

    120 Park Street, Traverse City, MI 49684

    $1,350,000
    3,500 sqft 0.17 AC lot

    C4-C zoning allows maximum height and density, with no parking requirement for the site.

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    Corner Office and Restaurant Building
    Corner Office and Restaurant Building

    12930 S West Bay Shore Dr, Traverse City, MI 49684

    $1,695,000

    Fully furnished corner building with a renovated restaurant main floor and multi-office occupancy upstairs.

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    Traverse City, MI Restaurants Lease Rates & Market Statistics

    Browse 4 Restaurants for lease in Traverse City, MI on Realmo, a commercial real estate marketplace serving the Traverse City area. The current inventory totals 9,830 square feet of properties.

    Restaurants lease rates in Traverse City range from $25.50 SF/Yr at the entry level to $56.73 SF/Yr at the top of the market, averaging $36.74 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $36.74 SF/Yr, the local average runs 76% above Michigan's state average of $20.84 SF/Yr.

    Traverse City accounts for 80% of the 5 restaurants currently available across Grand Traverse County, where a nearby market includes Kingsley.

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    Most Searched ZIP Codes in Traverse City, MI

    • 49684
    • 49686

    Featured Traverse City Real Estate Agencies

    Realmo connects you with licensed Traverse City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Re/max Bayshore Properties
    500 South Union St. Traverse City, MI 49684
    Phone: 12319415600
    Keller Williams Northern Michigan
    830 E. Front Street, Suite 110 Traverse City, MI
    Phone: 12319478200
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