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$ 4,550,000
Est. payment /mo
Active
123 S Union ST Traverse City, MI 49684
35,889 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 35,889 sqft
Price per Sqft $126
Subdivision Na
MLS Listing ID 78080059921
Year Built 1900
Lot Size 1 Sqft
Property Description
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.
Location
State MI
County Grandtraverse
Area Area28042Traversecity
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features ParkingLot, OffSite
Utilities Available NaturalGasConnected
View Y/N No
Roof Type Asphalt
Building
Foundation Basement, Slab
Sewer PublicSewer
Water Public, Well
Schools
School District Traversecity
Others
Acceptable Financing Cash, Other, Trade1031Exchange
Listing Terms Cash, Other, Trade1031Exchange
Special Listing Condition Standard
©2025 Realcomp II Ltd. Shareholders
Listed by Daniel J Stiebel of Coldwell Banker Schmidt Traver
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