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    Grand Traverse County, MI Restaurants for Sale

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    Downtown Development Parcel with Brewery
    Updated: Dec 11, 2024
    Downtown Development Parcel with Brewery

    120 Park Street, Traverse City, MI 49684

    $1,350,000
    3,500 sqft 0.17 AC lot
    Development parcel in Downtown Traverse City zoned C4‑C for maximum height and density
    Existing building previously used as a micro brewery; restaurant conversion includes hoods, vents, and a walk‑in cooler
    Building lot size is 7,392 sq. ft. with minimum setbacks and no parking required
    Exterior features include block construction
    Construction materials include block and steel
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    This listing looks promising.

    Here's a quick look at some key insights for

    120 Park Street, Traverse City, MI 49684

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    • Est. Cap Rate

      3.5%
      NOI ÷ price

    • Est. NOI

      $47K
      Annual

    • Price @ 7% Cap

      $668K
      Suggested

    • Property Type

      Nightclub
      Built 1956
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    Historic Hotel and Restaurant Inn
    Updated: Jul 16
    Historic Hotel and Restaurant Inn

    18599 Mission Road, Traverse City, MI 49686

    $4,260,000
    5,644 sqft 10.86 AC lot
    Historic Victorian inn on approximately 10 acres in Traverse City’s Old Mission Peninsula wine region
    13 guest rooms and 11 baths in the hotel building
    Spacious commercial kitchen and elegant dining areas
    Mission Bay Cafe included, open to the public
    Large covered porch with Lake Michigan views
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    Car Wash Redevelopment Site
    Car Wash Redevelopment Site

    4220 E M 72, Williamsburg, MI 49690

    $795,000
    1,330 sqft 1.59 AC lot

    1.59-acre commercially zoned parcel with a car wash facility built in 1998, positioned for redevelopment near major corridors.

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    Historic Standalone Retail Building
    Historic Standalone Retail Building

    601 Randolph Street, Traverse City, MI 49684

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

    Historic brick building with main-floor retail space and two one-bedroom apartments, plus alley access for parking.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Restaurant-Bar with Rooftop Deck
    Restaurant-Bar with Rooftop Deck

    423 S Union Street Unit North Ad, Traverse City, MI 49684

    $725,000
    1,206 sqft

    North addition restaurant/bar space with rooftop deck and outdoor seating, with potential to create a separate parcel.

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    Scandinavian-Inspired Resort and Cottages
    Scandinavian-Inspired Resort and Cottages

    5961 E Oslo Street, Williamsburg, MI 49690

    $12,900,000
    1,780 sqft 18.16 AC lot

    Resort with completed rental cottages, a leased restaurant, event space, and a visitor center tied into the TART Trail.

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    Downtown Development Parcel with Building
    Downtown Development Parcel with Building

    120 Park St, Traverse City, MI 49684

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

    C4-C zoned parcel includes a prior micro brewery setup with kitchen exhaust components and a compact site plan.

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    Redevelopment Car Wash and Retail Site
    Redevelopment Car Wash and Retail Site

    4220 E M 72, Williamsburg, MI 49690

    $795,000
    1.59 AC lot

    1.59-acre commercially zoned parcel with an existing 1998 car wash facility for demolition and redevelopment near US-31 and M-72.

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

    601 Randolph St, Traverse City, MI 49684

    $1,400,000

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

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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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    Historic Multi-Patio Restaurant & Bar
    Historic Multi-Patio Restaurant & Bar

    423 S Union St, Traverse City, MI 49684

    $2,400,000

    Restaurant and bar space with seating for 200-plus, fully equipped commercial kitchen, and multiple outdoor patios.

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    Commercial
    Commercial

    Traverse City, MI 49684

    $1,695,000

    Mixed-use properties

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Grand Traverse County, MI, we suggest exploring several alternatives: similar 60 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Commercial Development Land
    Corner Commercial Development Land

    1054-1060 E Front Street, Traverse City, MI 49686

    $2,650,000
    3,726 sqft 1.24 AC lot

    C-3 zoned corner parcel at a major US-31 and Garfield Road intersection with flexible development parameters.

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    Commercial Land with Existing Office Building
    Commercial Land with Existing Office Building

    1040 E Front Street, Traverse City, MI 49686

    $1,148,000
    0.63 AC lot

    Three-lot commercial parcel with an existing office building, positioned on US-31 for flexible development planning.

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    Commercial Land with Existing Office
    Commercial Land with Existing Office

    1040 E Front Street, Traverse City, MI 49686

    $1,148,000
    1,864 sqft 0.63 AC lot

    0.63-acre parcel with three lots, including an existing office building and two vacant lots on US-31.

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    Commercial Development Land Parcel
    Commercial Development Land Parcel

    1026-1028 E Front Street, Traverse City, MI 49686

    $399,000
    0.38 AC lot

    Zoned commercial parcel with two separate lots, positioned along a major east-west corridor for flexible development planning.

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    Off-Market Properties in Grand Traverse County, MI

    Consider similar Off-Market properties in Grand Traverse County, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    129 Un St
    RESTAURANT

    129 Un St, Traverse City, MI 49684-2519

    Value Estimation by Request
    3,120 sqft 0.06 AC lot
    View details
    1500 Us Hwy 31st N
    RESTAURANT

    1500 Us Hwy 31st N, Traverse City, MI 49686-3740

    Value Estimation by Request
    3,689 sqft 0.88 AC lot
    View details
    5074 Us Hwy 31st N
    RESTAURANT

    5074 Us Hwy 31st N, Williamsburg, MI 49690

    Value Estimation by Request
    4,992 sqft 2.13 AC lot
    View details
    1238 Garfield Ave
    RESTAURANT

    1238 Garfield Ave, Traverse City, MI 49686-4331

    Value Estimation by Request
    3,815 sqft 0.66 AC lot
    View details
    123 Front St
    Restaurants

    123 Front St, Traverse City, MI 49684

    Value Estimation by Request
    3,520 sqft
    View details
    5790 Us-31
    Restaurants

    5790 Us-31, Grawn, MI 49637

    Value Estimation by Request
    2,760 sqft 1.52 AC lot
    View details
    5961 Oslo St
    Lifestyle centers

    5961 Oslo St, Williamsburg, MI 49690

    Value Estimation by Request
    View details
    5908 Us Hwy 31st N
    DRIVE-THRU RESTAURANT, FAST FOOD

    5908 Us Hwy 31st N, Williamsburg, MI 49690-8905

    Value Estimation by Request
    2,475 sqft 1.14 AC lot
    View details
    6037 Us Hwy 31st N
    RESTAURANT

    6037 Us Hwy 31st N, Williamsburg, MI 49690-9467

    Value Estimation by Request
    1,756 sqft 0.29 AC lot
    View details
    5430 Us Hwy 31st N
    DRIVE-THRU RESTAURANT, FAST FOOD

    5430 Us Hwy 31st N, Williamsburg, MI 49690-9466

    Value Estimation by Request
    1,232 sqft 0.29 AC lot
    View details
    5555 Us Hwy 31st N
    RESTAURANT

    5555 Us Hwy 31st N, Williamsburg, MI 49690-9468

    Value Estimation by Request
    8,194 sqft 1.47 AC lot
    View details
    9009 M 72nd E
    RESTAURANT

    9009 M 72nd E, Williamsburg, MI 49690-9630

    Value Estimation by Request
    3,916 sqft 4.33 AC lot
    View details

    Grand Traverse County, MI Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Grand Traverse County, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 14,566 square feet of properties for sale, with an estimated market value of $18,520,000.

    Sale prices for restaurant properties in Grand Traverse County, MI start at $725,000, averaging $3,086,666, and reaching up to $12,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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