123 S Union Street, Traverse City, Michigan

$4,550,000

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35,889

Square feet

1.22

Acres

About 123 S Union Street

Incredible opportunity to continue Wilson's Antiques with two locations in the heart of downtown Traverse City on Union Street and in Acme on US-31. Each building rents booth space to independent antique dealers providing stable cash flow to the owner. The value of the properties is in the underlying real estate, but this is an opportunity to buy redevelopment property and have positive cash flow while future plans are made. 123 Union Street has 4 floors and 3 mezzanines totaling 20,000 SF. 5600 US-31 is 15,889 SF with over 10,000 SF on the first floor and a second level with incredible bay views. Buildings can also be purchased separately.

Features of 123 S Union Street

MLS® # 80059921
Price $4,550,000
Square Footage 35,889
Acres 1.22
Year Built 1900
Type Commercial
Sub-Type Business
Status Active
Source MLS MiRealSource
Originating MLS Aspire North REALTORS

Community Information

Address 123 S Union Street
Area Traverse City
Subdivision Na
City Traverse City
County Grand Traverse
State Michigan
Zip Code 49684

Amenities

Features ADA Accessible, Elevator(s), Loading Dock(s), Overhead Doors
Parking Parking Lot, Off Site

Interior

Heating Forced Air

Exterior

Roof Asphalt
Construction Block, Brick
Foundation Basement, Slab

Additional Information

Zoning Multi-Family, Professional Office, Commercial, Residential
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Schmidt Traver

Listing Map

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