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120 Park Street, Traverse City City, MI 49684

NONE · GrandTraverse County

Key Facts

3,500Sq Ft
1956Year Built
0.17Lot (acres)

Description

Spectacular building located in the heart of Downtown Traverse City. Existing building was being used as a micro brewery and could be re-established, turned back to restaurant as hoods, vents and walk in cooler are included. Could also be turned into a retail store or commercial office

Property Information

Property Type

Commercial Lease

Year Built

1956

Living Area

3,500 sq ft

Lot Size

0.17 acres

Lot Dimensions

56X132

Days on Market

335

MLS® Listing#

78080053851

Property Features

Cooling

Central Air

Heating

Forced AirNatural Gas

Parking

Parking Lot

Construction

BlockSteel Siding

Utilities

Natural Gas Connected

Sewer

Public Sewer

Water Source

Public

Financial Details

Assessed Value

$501,842

Parcel Number

285179407800

Affordability Calculator

$1,488

Estimated monthly payment

$40/mo

Principal $5,950 · Est. interest $8,301 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Traverse City City, MI

$233,832
Median Listing Price
62
Median Days on Market
1,484
Median Sq Ft
$135
Median Price / Sq Ft
13,333
Active Listings
  • This home’s price is 97% below the area median.
  • Its price per sq ft is 98% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Traverse City City, MI.

Location

Map showing the location of 120 Park Street, Traverse City City, MI 49684

Points of Interest in Traverse City City, MI

Showing the Traverse City City area map.

Nearby Schools

  • Traverse City Elementary School

    Elementary · 0.3 mi away

  • Central Grade School

    Elementary · 0.5 mi away

  • Holy Angels Elementary School

    Elementary · 0.5 mi away

  • St Francis High School

    Secondary · 0.6 mi away

  • Grand Traverse Area Catholic Schools

    Elementary · 0.6 mi away

  • Traverse City Senior High School

    Secondary · 0.8 mi away

  • Immaculate Conception Elementary School

    Elementary · 0.9 mi away

  • Glenn Loomis Elementary School

    Elementary · 0.9 mi away

  • Tcaps Montessori School

    Elementary · 0.9 mi away

  • Trinity Lutheran Church & School, LCMS

    Elementary · 1.0 mi away

  • Bethlehem Nursery School

    Elementary · 1.1 mi away

  • Oak Park Elementary School

    Elementary · 1.2 mi away

  • Traverse Heights Elementary School

    Elementary · 1.3 mi away

  • Traverse Bay Mennonite School

    School · 1.4 mi away

  • Willow Hill Elementary School

    Elementary · 1.4 mi away

  • Traverse City Central High School

    Secondary · 1.4 mi away

  • Traverse City Area Public Schools

    Elementary · 1.5 mi away

  • New Campus Center

    School · 1.6 mi away

  • Traverse Bay Area Isd

    School · 1.6 mi away

  • Greenspire School

    Secondary · 1.6 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Traverse City City

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Listing Courtesy: Twin Bay Properties, LLC - 2313577800

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Data provided by AspireNorthREALTORS. MLS® Listing#78080053851. © 2026EXIT Realty®. All rights reserved.