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7,120 sqft

$1,900,000

423 S Union Street, Traverse City MI, 49684

Price per sqft$266.85
Built in1900
Property size7,120 sqft
Property typeCommercial
Listed by Daniel Stiebel with Coldwell Banker Schmidt Traverse City Listing Contact: 231-633-0432

Overview

Active

Listed Oct 23, 2025

Updated 2 days ago

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.

Additional information

MLS® ID
1939884

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Association Fee Frequency
Yearly
Garage
Yes
MLS provider logo

Listed by Daniel Stiebel with Coldwell Banker Schmidt Traverse City
Listing Contact: 231-633-0432 

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 10/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 10/3/2026 at 3:44 AM UTC

 

 

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