Turn-Key Restaurant & Building
423 S Union St
Traverse City, MI 49684
Highlights
- 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.
- 200 guest seats
- Designed for high volume dining, entertainment & private events
- Inviting dining room & bar area
- 2-way fireplace
- 2 outdoor patios for seasonal service
- Garage door opens onto patio w/fire pits
- Gas line runs to outdoor patio fire pits
- Rooftop bar
- Fully equipped kitchen (3 commercial hoods)
- 2 walk-in coolers & 1 walk-in freezer
- Basement providing storage & offices
- Fire sprinklers
- Staff bathroom in kitchen
- Adjacent to Old Town parking deck
- For Sale or Lease
- Offered at $2.2 million for the real estate plus $500,000 for the Class C liquor license, furniture, fixtures, and equipment
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. Offered at $2.2 million for the real estate plus $500,000 for the Class C liquor license, furniture, fixtures, and equipment, 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 lease.
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.
