423 S Union Street, Traverse City, MI 49684

• 7,120 sqft

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. 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 sale.

Listing Status:

Active

Listing Office:

Coldwell Banker Schmidt Traver :

Listing Agent:

Daniel Stiebel : 231-633-0432

MLS ID:

80063128

Interior

• A/C: Central Air
• Heating: Forced Air
• Disability Feature: ADA Accessible

Exterior

• Parking: Parking Lot

Construction

• General: FrameWood Siding

Location

• Originating MLS: MiRealSource
• County: Grand Traverse

Lot

• Zoning: partial from tax record: LOT 21 EXC S 0.9 FT & LOT 22 & LOT 23 BLOCK 5 HANNAH LAY & CO'S 1ST ADD. 2002 SPLIT RETIRED 618-098-00 CREATED NEW # 618-098-01 FOR 2003 2005 SPLIT RETIRED #618-098-01 AND CREATED #618-098-10 FOR 2007 2007 BOUNDRY ADJUSTMENT RETIR

Utilities

• Utilities: Natural Gas ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sanitary

Financial

• Source: MiRealSource

This listing courtesy of Daniel Stiebel, Coldwell Banker Schmidt Traver