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423 S Union St Traverse City, MI 49684

For Sale
$2,700,000

Turn-key restaurant and bar with high capacity and prime location.

Property size:
7,120 SF
Lot size:
0.28 Acres

Property Features for 423 S Union St

General Information

Size
7,120 SF
Lot size
0.28 Acres

Source: Coldwell Banker Schmidt Realtors | Traverse City Agent Daniel Stiebel

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Iconic Traverse City Restaurant Opportunity

This iconic restaurant and bar space, formerly home to Blue Tractor restaurant and once the historic Dill’s Old Towne Saloon, is located in Traverse City’s Old Town neighborhood. The 7,120 square foot property offers a combination of history, character, location and capacity. Designed for high-volume dining and entertainment, it can seat over 200 guests. The main level features a dining room and bar area with a fireplace, along with two outdoor patios. A rooftop bar provides additional outdoor seating. The large, fully equipped kitchen includes three commercial hoods, suitable for multiple cooking lines and catering operations. Additional features include basement storage, restrooms, and back-of-house areas. The property is adjacent to the Old Town parking deck. This turn-key property is suited for a brewpub, an upscale dining destination, or a multi-level entertainment venue.
Insight Report Location Intelligence

Current Use by Public Records

Blue Tractor Barbeque Barbecue Restaurant

Suggested Use

Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Cousin Jenny's Cornish Pasties, Forrest, A Food Studio and Private Chef, Cordwood BBQ, Across the Board Provisions, Guacamole Food Truck

Location Insight

  • Map
  • Local Demand
City
Traverse City
County
Grand Traverse
State
Michigan
Longitude
-85.6235505
Latitude
44.7596554

FAQs

What type of property is this?
Restaurant - Turn-key restaurant and bar with high capacity and prime location.
Where is this restaurant located?
The property is located at 423 S Union St Traverse City, MI.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: - Seating capacity for over 200 guests, designed for high-volume dining and entertainment.; - Prime Old Town location adjacent to the Old Town parking deck.; - Fully equipped, large kitchen with three commercial hoods.
More about this property
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