423 S Union St

423 S Union St, Traverse City, MI 49684

Property Information

  • For Sale $1,900,000
  • Property Type Retail
  • Property Size 7,120 SF
  • Lot Size 0.28 Acre
  • Year Built 1900
  • Date Updated Oct 4, 2026

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. 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.

Highlights

  • Next to the AT&T store at the corner of S Union St & Eighth St.
  • Cooling: Central A/C
  • Exterior Description: Wood Siding
  • Garage Description: Curb Parking.
  • Garage Description: Garage
  • Heating - Fuel Type: Gas
  • Heating Type: Forced Air
  • Road Type: City / Town Street
  • Roof: Rubber
  • Water: Municipal Water

Contacts

Location

Contact Listing Broker
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