20
See all 20 photos
$2,700,000
Est. payment /mo
7,120 SqFt
New
423 S Union Street Traverse City, MI 49684
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,120 sqft
Price per Sqft $379
Subdivision Na
MLS Listing ID 78080063112
Year Built 1900
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 73' x 165'
Source Aspire North REALTORS®
Property Description
Traverse City’s most iconic Old Town neighborhood restaurantâ€"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
Area Traverse City
Zoning Commercial,Multi-Family,Office
Interior
Heating Forced Air, Central Air
Heat Source Natural Gas
Exterior
Accessibility Disabled Access
Building
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Frame,Wood
Schools
School District Traverse City
Others
Tax ID 285161809821
Ownership Private Owned
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Unknown/Data Share Listings
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Listed by Daniel J Stiebel of Coldwell Banker Schmidt Traver