423 S Union Street, Traverse City, MI

$1,900,000

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7,120

Square feet

0.28

Acres

About 423 S Union Street

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. 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. Class C liquor license, furniture, fixtures, and equipment (FFE) are available separately. Building is also for lease.

Features of 423 S Union Street

MLS® # 1939884
Price $1,900,000
Square Footage 7,120
Acres 0.28
Year Built 1900
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 423 S Union Street
Subdivision na
City Traverse City
County Grand Traverse
State MI
Zip Code 49684

Amenities

Parking Garage, Parking Lot, On Street
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Has Basement No
Fireplace No

Exterior

Lot Description Freestanding
Roof Membrane
Construction Frame, Wood Siding
Foundation Block

Additional Information

Days on Market 313
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeColdwell Banker Schmidt Traverse City

Listing Map

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