Turn-Key Restaurant & Building

For Sale

423 S Union St, Traverse City, MI 49684

This Traverse City property for sale is located at 423 S Union St. The current listed sale price for Turn-Key Restaurant & Building is $2,400,000. Turn-Key Restaurant & Building is situated on a lot that is 0.28 acre in size.

Contacts

Dan Stiebel

Schmidt Realtors

Property Details

  • Property Type Retail - Restaurant
  • Property Size 7,120 SF
  • Lot Size 0.28 Acre
  • Property Tenancy Single Tenant
  • Year Built 1900
  • Year Renovated 2009
  • Date Updated Jul 1, 2026
Traverse City’s most iconic Old Town neighborhood restaurant—formerly home to Blue Tractor restaurant and once the historic Dill’s OldTowne Saloon, this exceptional restaurant and bar space offers a rare combination of history, character, location and capacity.Amazing opportunity for a small restauranteur or bar owner in Traverse City's Old Town neighborhood. This is the north addition built in 2009 to be split off from rest of property (subject to approval). This listing includes 17 x 165' of the property which has a 1200 SF restaurant/bar/retail area with a rooftop deck and bar. There is also outdoor seating in front of the building and an overhead door to open the building to the outside. Great opportunity for a small footprint with lots of outdoor seating capacity in the summer months. Owner will fire separate from the original Blue Tractor restaurant and move gate in back parking lot so that this can be its own tax parcel. New owner will be responsible for running utilities and plumbing and building out kitchen and bathrooms as needed, to the newly created parcel. Adjacent to the Old Town parking deck for plenty of parking capacity.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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

    0.53 miles

  • Mobil

    0.65 miles

  • Blink

    0.76 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

    0.18 miles

  • Lot E

    0.22 miles

  • Lot N

    0.24 miles

  • Lot G

    0.25 miles

  • Lot W

    0.25 miles

  • Lot P

    0.26 miles

  • Lot O

    0.26 miles

  • Lot R

    0.27 miles

  • The Blue Tractor

    0.00 miles

  • Fire Fly

    0.15 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

    0.28 miles

  • Identity Brewing Co.

    0.28 miles

  • Oryana Natural Foods Market

    0.35 miles

  • Toms Food Market

    0.81 miles

  • Family Fare

    1.16 miles

  • Oleson's

    1.44 miles

  • Edson Farms Market and Deli

    1.51 miles

  • Meijer

    1.54 miles

  • Save-A-Lot

    1.65 miles

  • Gordon Food Service

    1.98 miles

  • Kohl's

    2.03 miles

  • Cherryland Center

    2.10 miles

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.