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Traverse City, MI 49684,423 S Union Street
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Traverse City, MI 49684,423 S Union Street
Traverse City, MI 49684,423 S Union Street
Traverse City, MI 49684,423 S Union Street
Traverse City, MI 49684,423 S Union Street
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Jennifer Rodgers

Jennifer Rodgers

+1(517) 398-2541
Listed by Daniel J Stiebel • Coldwell Banker Schmidt Traver
$ 2,700,000
Est. payment /mo
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423 S Union Street Traverse City, MI 49684

7,120 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,120 sqft

Price per Sqft $379

Subdivision Mi

MLS Listing ID 1939884

Year Built 1900

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 73' x 165'

Property Sub-Type Retail/Commercial

Property Description

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 $2.2 million for the real estate plus $500,000 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

Location

State MI

County Grand Traverse

Zoning Multi-Family,Office,Retail,Commercial,Restaurant/Food

Rooms

Basement Block

Interior

Heating Forced Air, Central Air

Cooling Forced Air, Central Air

Exterior

Exterior Feature Wood

Roof Type Membrane

Present Use Restaurant/Food Service,Bar

Road Frontage Public Maintained, Blacktop

Building

Sewer Municipal

Water Municipal Water

Others

Tax ID 28-51-618-098-21

Ownership Private Owner

Acceptable Financing Commercial Loan, Cash

Listing Terms Commercial Loan, Cash

Jennifer Rodgers

Jennifer Rodgers

Broker | License ID: 6505414638

+1(517) 398-2541

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423 S Union Street