Traverse City, MI Restaurants for Sale

List

Map

Williamsburg, MI Grawn, MI Interlochen, MI

8 results

Sort:

$685,000

4,789 SF

Traverse City Redevelopment Opportunity

114 E Griffin Street, Traverse City, MI 49684

Redevelopment or re-use project in bustling Traverse City!

Prime redevelopment opportunity in Traverse City.
C‑3 zoning allows for diverse uses including multi‑family housing, restaurants, and retail.
Located adjacent to the 14th Street corridor.
4,789‑sqft block building on 0.32 acres.
Multi‑family housing potential with 45' maximum building height.

Updated: Nov 17, 2025

View details

$3,500,000

10,404 SF

Four-Season Resort in Traverse City

6841 Brown Bridge Road, Traverse City, MI 49696

40-acre resort with lodging, dining, recreation, and event hosting.

40‑acre four‑season resort with 1,300 feet of private frontage on the Boardman River.
Diverse income streams from lodging, a 147‑seat full‑service restaurant with a liquor license, and event hosting.
Prime location in Traverse City, nestled in the Boardman Valley, surrounded by Pere Marquette State Forest, 16 miles from downtown.
On‑site recreational amenities including an underground heated swimming pool, two stocked trout ponds, and canoe/kayak/inner tube livery.
Established venue for weddings, conventions, and other events.

Updated: Sep 15, 2025

View details

$759,600

2,532 SF

Retail Condo in Downtown Traverse

2,532 SF retail condo in prime Traverse City location.

143 W Front Street, Traverse City, MI 49684

View details

$773,400

2,578 SF

Retail Condo in Downtown Traverse

2,578 SF retail condo in downtown Traverse City.

141 W Front Street, Traverse City, MI 49684

View details

$891,300

2,971 SF

Retail Condo in Downtown Traverse

2,971 SF retail condo in prime Traverse City location.

137 Pine Street, Traverse City, MI 49684

View details

Historic Mixed-Use Building in Traverse City

$1,400,000

3,250 SF

Historic Mixed-Use Building in Traverse City

Unique mixed-use property in prime Traverse City location.

601 Randolph Street, Traverse City, MI 49684

View details

$1,695,000

Commercial

Mixed-use properties

Traverse City, MI 49684

View details

$1,400,000

Historic Mixed-Use Building Near West Bay

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

601 Randolph St, Traverse City, MI 49684

View details

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

$325,000

1,136 SF

Established Restaurant in Fife Lake

Turn-key restaurant business with real estate, equipment, and inventory.

115 E State Street, Fife Lake, MI 49633

View details

$100,000

3,412 SF

Turnkey Restaurant in Leelanau County

Turnkey restaurant with Class C liquor license in Leelanau County.

172 W Burdickville Road, Maple City, MI 49664

View details

$1,600,000

7,500 SF

Historic Inn with Restaurant & B&B

Turn-key Leelanau County landmark with restaurant, bar, and lodging.

149 E Harbor Highway, Maple City, MI 49664

View details

Loon's Nest Restaurant Business Opportunities for sale

$350,000

1,136 SF

Loon's Nest Restaurant Business Opportunities for sale

Loon's Nest Restaurant, Northern Michigan, Business Opportunity

115 East State Street, Fife Lake, MI 49633

View details

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.

$399,000

0.38 Acres

Commercial Land in Traverse City

0.38 acre commercial parcel on US-31 in Traverse City.

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

View details

$1,148,000

1,864 SF

Prime Commercial Land, Traverse City

0.63 acre commercial parcel on US-31 in Traverse City.

1040 E Front Street, Traverse City, MI 49686

View details

$1,148,000

0.63 Acres

Commercial Land in Traverse City

0.63 acre commercial parcel on US-31 in Traverse City.

1040 E Front Street, Traverse City, MI 49686

View details

Prime Corner Retail Storefront, Traverse

$2,650,000

3,726 SF

Prime Corner Retail Storefront, Traverse

High-traffic corner location near downtown and Grand Traverse Bay.

RESTAURANT • 5,519 SF

Value Estimation by Request

2384 Us Hwy 31st S, Traverse City, MI 49684-4548

View details

Traverse City, MI Restaurants Investment Opportunities Market Analysis

Explore 72 restaurants for sale in Traverse City, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 26,524 square feet of properties for sale, with an estimated market value of $8,009,300.

Sale prices for restaurant properties in Traverse City, MI start at $685,000, averaging $1,334,883, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Property Size Breakdown

The majority of commercial real estate listings in Traverse City fall within the 2,500 to 5,000 square foot range.

Demographics Overview

Population 78K

Population Growth (5Y) -35.5%

Median Household Income $78,889

College Educated 59.4%

High-Yield Neighborhoods for Strategic Investment

Identify Traverse City submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
49684	$1.1M
49696	$3.5M

Taxes & Financing

Tax Rate (average for all types) 4.34%

Property Tax per SF $71.64 per sq ft

Average Loan-to-Value 65.0%

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Traverse City, MI Restaurants for Sale

Traverse City Redevelopment Opportunity

Redevelopment or re-use project in bustling Traverse City!

Four-Season Resort in Traverse City

40-acre resort with lodging, dining, recreation, and event hosting.

Retail Condo in Downtown Traverse

Retail Condo in Downtown Traverse

Retail Condo in Downtown Traverse

Historic Mixed-Use Building in Traverse City

Commercial

Historic Mixed-Use Building Near West Bay

Opportunities in Nearby Cities

Established Restaurant in Fife Lake

Turnkey Restaurant in Leelanau County

Historic Inn with Restaurant & B&B

Loon's Nest Restaurant Business Opportunities for sale

Potential Development Sites for Consideration

Commercial Land in Traverse City

Prime Commercial Land, Traverse City

Commercial Land in Traverse City

Prime Corner Retail Storefront, Traverse

Off-Market Properties in Traverse City, MI

129 Un St

1500 Us Hwy 31st N

1238 Garfield Ave

123 Front St

1249 Woodmere Ave

115 Wellington St

2504 Us Hwy 31st N

2700 Us Hwy 31st S

2455 Us Hwy 31st S

3050 Us Hwy 31st S

1764 Us Hwy 31st N

873 Us Hwy 31st S

3828 Us Hwy 31st S

2030 Us Hwy 31st N

1964 Us Hwy 31st N

2384 Us Hwy 31st S

Traverse City, MI Restaurants Investment Opportunities Market Analysis

Top Commercial Asset Segments

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

Need Help?

Popular Searches in Traverse City, MI

Popular Categories

Most Searched ZIP Codes in Traverse City, MI

All Filters

Select Neighborhood

Create a Task for Rey

Enter Input Criteria

Add Property Characteristics

Select Report Frequency

Create New Password