423 S Union Street # Unit: North Addition Traverse City, MI $ 725,000
423 S Union Street # Unit: North Addition
$ 725,000
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423 S Union Street # Unit: North Addition

Traverse City, MI, 49684
$ 725,000
Bedrooms-- Baths-- Sq 1,206

Monthly Estimate*

$ 4,464

423 S Union Street # Unit: North Addition, Traverse City, MI 49684 - Image 1
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Commercial Property for sale in Traverse City, MI

for $725,000. This 1,206 square foot building was built in 2009 on a lot size of 0.06.

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.

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Commercial Active

Price

$ 725,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial/Industrial

Lot Size

0.06

Year Built

2009

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80069924

Features
General
Heating Forced Air
Cooling Central A/C
Possession At Close
Status Active Active
Year Built 2009
Parking Parking Lot
Subdivision na
County Grand Traverse
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name formerly Blue Tractor
Ownership Private
Municipality Traverse City
Section 3
Zoning Multi-Family Professional Office Commercial
Sale/Rent For Sale
Status Detail 0
Commercial Features Overhead Doors
Area Traverse City (28021)
Directions Next to the AT&T store at the corner of S Union St & Eighth St.
City Traverse City
Financial Terms Cash Commercial Loan
Legal Description partial from tax record: LOT 21 EXC S 0.9 FT & LOT 22 & LOT 23 BLOCK 5 HANNAH LAY & CO'S 1ST ADD. 2002 SPLIT RETIRED 618-098-00 CREATED NEW # 618-098-01 FOR 2003 2005 SPLIT RETIRED #618-098-01 AND CRE
DOM 1
Price Per Sq Ft Total AG 601.16
Public Remarks
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Exterior
Exterior Frame Wood
Lot Size Area 0.06
Lot Dimensions 17x165
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Daniel Stiebel

Listing Agent

Coldwell Banker Schmidt Traverse City

Broker

dan@realestatetc.com

Email

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$4,464
Per Month
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Monthly Principal & Interest
$4,464
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$725,000 Listed Price

Map


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423 S Union Street # Unit: North Addition, Traverse City, MI, 49684 is a Commercial Property for sale at $725,000 with 1,206 sqft and a lot size of 0.06. 423 S Union Street # Unit: North Addition was built in 2009. The property's zip code is 49684 which is in Traverse City, MI