423 S Union Street # North Addition Traverse City, MI $ 725,000
423 S Union Street # North Addition
$ 725,000
Recently Listed
Share Save

423 S Union Street # North Addition

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

Monthly Estimate*

$ 4,464

423 S Union Street # North Addition, Traverse City, MI 49684 - Image 1
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 2
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 3
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 4
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 5
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 6
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 7
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 8
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 9
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 10
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 11
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 12
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 13
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 14
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 15
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 16
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 17
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 18
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 19
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 20
423 S Union Street # North Addition, Traverse City, MI 49684 - Image 21

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.

See more

Commercial Active

Price

$ 725,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.06

Year Built

2009

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1946839

Features
General
Sewer None
Heating Forced Air Natural Gas
Cooling Central Air
Possession Close Of Escrow Negotiable
Roof Membrane
Construction Materials Frame Wood Siding
Year Built 2009
Township Traverse City
Unit Number North Addition
Property Subtype Retail
Business Type Food & Beverage Bar/Tavern/Lounge
Accessibility Main Floor Access
Assoc Fee Paid Per Annually
Business Name formerly Blue Tractor
County Grand Traverse
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name na
Garage Y/N Y
Rent Includes None
Status New
Directions Next to the AT&T store at the corner of S Union St & Eighth St.
City Traverse City
Zoning Description Multi-Family Office Retail Commercial Restaurant/Food
Lot Size Units Acres
Lot Size Square Feet 2613.6
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 883390
Ownership Type Private Owner
Lease Amount Frequency Annually
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 CR
Freehold IDX
See more
Exterior
Parking Features Garage Parking Lot On Street
Water Source None
Lot Size Area 0.06
Foundation Details Slab
Spa N
Lot Dimensions 17x165
Lot Size Acres 0.06
Road Surface Type Asphalt
Other Parking Parking Lot Street Parking
Waterfront Y/N N
Door Features Overhead Door(s)
Road Responsibility Public Maintained Road
Horse Y/N N
See more
Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
See more
* Excluded Features
List By
Coldwell Banker Schmidt Traverse City

Broker

Off: 231-922-2350

Contact

Affordability Calculator

$4,464
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
--
Monthly Home Insurance
--
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$725,000 Listed Price

Map


See all

423 S Union Street # 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 # North Addition was built in 2009. The property's zip code is 49684 which is in Traverse City, MI