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$ 4,550,000
Est. payment /mo
New
123 S Union Street Traverse City, MI 49684
35,889 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 35,889 sqft
Price per Sqft $126
Municipality Traverse City
Subdivision Traverse City
MLS Listing ID 80059921
Year Built 1900
Lot Size 1.220 Acres
Acres 1.22
Property Sub-Type Business
Source MiRealSource
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 Commercial,Multi-Family,P
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Structure Type Block,Brick
Listed by Coldwell Banker Schmidt Traver