123 S Union Street Active

Traverse City,MI 49684

$ 4550000

- Bed

0 Bath

35889 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 35,889 sqft

Price per Sqft $126

Subdivision Traverse City

MLS Listing ID 80059921

Year Built 1900

Lot Size 1.220 Acres

Property Sub-Type Business

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 Grand Traverse County

Zoning Multi-Family,Professional

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Sewer Public

Structure Type Block,Brick

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