423 S Union St

For Lease

423 S Union St, Traverse City, MI 49684

You can currently find 1 retail space(s) available for lease at 423 S Union St. Designated use type for space listed here includes restaurant. Current retail listings at this property total 7,120 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 423 S Union St.

Space Available For Lease 1

Contacts

Daniel Stiebel

Coldwell Banker Schmidt Realtors

Property Details

  • Property Type Retail - Restaurant
  • Lot Size 0.28 Acre
  • Year Built 1900
  • Date Updated Jul 3, 2026
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.
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Highlights

  • Next to the AT&T store at the corner of S Union St & Eighth St.
  • Cooling Central AC
  • 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

Getting around

  • 92/100

    Walk Score ®

  • 96/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Traverse City, MI
  • Zip Code 49684

Points of Interest

  • ChargePoint

    0.05 miles

  • Shell

    0.51 miles

  • Speedway

    0.54 miles

  • Mobil

    0.65 miles

  • Blink

    0.77 miles

  • Mutual Service Station

    1.19 miles

  • Traverse City Supercharger

    1.45 miles

  • Meijer

    1.45 miles

  • Holiday

    1.49 miles

  • Pacific Pride

    1.53 miles

  • Old Town Parking Structure

    0.05 miles

  • Lot Q

    0.11 miles

  • Lot K

    0.17 miles

  • Lot E

    0.21 miles

  • Lot N

    0.24 miles

  • Lot G

    0.24 miles

  • Lot W

    0.24 miles

  • Lot P

    0.25 miles

  • Lot O

    0.25 miles

  • Lot R

    0.27 miles

  • The Blue Tractor

    0.00 miles

  • Fire Fly

    0.14 miles

  • Archie's Social House

    0.22 miles

  • The Towne Plaza

    0.24 miles

  • Mode's Bum Steer

    0.24 miles

  • Charles and Reid Detroit Pizza

    0.25 miles

  • The Omelette Shoppe

    0.27 miles

  • Cousin Jenny's

    0.27 miles

  • Playa Bowls

    0.27 miles

  • Identity Brewing Co.

    0.28 miles

  • Oryana Natural Foods Market

    0.35 miles

  • Toms Food Market

    0.82 miles

  • Family Fare

    1.16 miles

  • Oleson's

    1.44 miles

  • Edson Farms Market and Deli

    1.52 miles

  • Meijer

    1.54 miles

  • Save-A-Lot

    1.65 miles

  • Gordon Food Service

    1.99 miles

  • Kohl's

    2.03 miles

  • Cherryland Center

    2.10 miles

423 S Union St Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at 423 S Union St asks $25.00/SF/YR per square foot.

  • The property includes 7,120 square feet of retail space for lease. Of this total, 7,120 square feet are Restaurant.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

Contact Listing Broker
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