Retail Commercial Real Estate in Traverse City, Michigan (MI)

Sale/Lease Retail

423 S Union St

423 S Union St, Traverse City, MI 49684

$1.7M
$25 SF/year
7,120 SF
7,120 SF building
0 ac

Traverse City’s most iconic Old Town neighborhood restaurant—formerly home to Blue Tractor restaurant and once the historic Dill’s Old Towne Saloon, this exceptional restaurant and bar space offers a rare combination of history, character, location and capacity. With seating for over 200 guests, the property is designed for high-volume dining and entertainment. The main level features an inviting dining room and bar area with fireplace, complemented by two spacious outdoor patios perfect for seasonal service. A rooftop bar provides additional outdoor seating for summer evenings and private events. The large, fully equipped kitchen includes three commercial hoods, ideal for accommodating multiple cooking lines and catering operations. Additional features include ample basement storage, well-maintained restrooms, and thoughtfully designed back-of-house areas that support smooth service flow. Adjacent to the Old Town parking deck for plenty of parking capacity. Offered at $2 million for the real estate plus $400,000 for the Class C liquor license, furniture, fixtures, and equipment, this turn-key property is ready for its next chapter. Whether you’re envisioning a lively brewpub, an upscale dining destination, or a multi-level entertainment venue, this property delivers the space, infrastructure, and location to make it happen. Also available for lease

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Sale Retail

Walgreens - Traverse City, MI

3900 US Hwy 31 S, Traverse City, MI 49685

$5.3M
14,748 SF building

70th Percentile Walgreen's Store, Per Placer.aiSurging Sales Growth, +7.07% YoY, +12.5% Over The Last Two YearsAcross The Street From The #1 Meijer Store In The System, Per Pacer.aiRobust Retail Corridor With Dozens Of National Retailers Surrounding The Property2004 Build To Suit14,748 Square Foot Free-Standing Building With A Drive-ThruLarge 4.2 Acre SiteStrong Visibility To Over 25,000 VPDTraverse City, MI MSA Boasts A Population Of Over 157,000 PeopleTraverse City was Voted Top 10 Best Places to Go in 2025 by the Wall Street JournalFee Simple Offering (Land And Building)

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Sale RetailOther

3950 Alpha Blvd

3950 Alpha Blvd, Traverse City, MI 49685

$2.8M
4,050 SF building
1 ac

This fully stabilized car wash offers a strong blend of modern equipment, efficient operations, and reliable cash flow. The site sits along a high traffic corridor, AADT count of 24,154, with 300 feet of frontage on US 31, and it features 4 self service bays and 2 in bay automatic washes. The property is well suited for both experienced operators and passive investors looking for a low maintenance, high margin asset with dependable performance.Nearly all supporting equipment throughout the facility has been updated, including new automatic units, creating a turnkey operation with minimal near term capital needs. The upgraded systems, streamlined layout, and durable customer demand position the asset for consistent returns.For a full list of recent upgrades and equipment improvements, please see the marketing package. High traffic exposure with 300 feet of frontage on US 31Completely updated facilityLow maintenance, high margin asset suited for passive investorsAADT count of 24,154

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Lease OfficeRetail

317 E Front St

317 E Front St, Traverse City, MI 49684

$22 SF/year
2,800 SF
0 ac

Prime retail/office space in the River Front Plaza, a distinguished four-story professional building prominently situated in the heart of downtown Traverse City, offering exceptional, unobstructed views of the Boardman River and West Grand Traverse Bay.The building is located directly across from the parking structure, providing easy parking for employees and street parking for customers. The building presents a rare combination of premier waterfront positioning and immediate proximity to the amenities, services, and accessibility of East Front Street.This Suite consists of approx. 2800 SF currently configured currently as a Yoga studio. The tenant pays base rent, separately metered electric, and a pro-rata share of gas. Downtown Location w/ Public Parking Structure directly across the streetUnobstructed Water Views

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Sale Retail

207 E Front St

207 E Front St, Traverse City, MI 49684

$760K
1,632 SF building
0 ac

Prime retail location in the highly sought after 200 block of downtown Traverse City. The current building features large showroom windows and 20' entryway that allows for an outside sales area. The retail space is approximately 15' x 72' with additional space in the full basement. There is a receiving area and exterior access to the basement via the back alley as well as 1 private parking space. Year built is unknown. Redevelopment potential allowing for a 4-story building with river and west bay views.

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Lease Retail

Retail Suite

2506 Crossing Cir, Traverse City, MI 49684

$12.6 SF/year
2,112 SF
12,032 SF building
1 ac

Prime retail opportunity in one of Traverse City's most trafficked retail areas. This 2,112 square foot endcap space sits at 2506 Crossing Circle with good visibility and access in a high-volume retail area anchored by Home Depot and across the street from the Grand Traverse Mall. The space features a flexible open floor plan well-suited for a wide range of retail, service, or wellness uses. Previously occupied by T-Mobile and most recently configured as a dance studio, the unit offers clear-span open space with large storefront windows, private office, kitchenette & bathroom. Neighbors include Home Depot, Burger King, Aldi, Planet Fitness, Walmart, Pet Smart, Grand Traverse Mall, and many more.

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