MI > Traverse City
Traverse City, MI 49684,123 S Union Street
Traverse City, MI 49684,123 S Union Street
Traverse City, MI 49684,123 S Union Street
Traverse City, MI 49684,123 S Union Street
Traverse City, MI 49684,123 S Union Street
Traverse City, MI 49684,123 S Union Street
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 2,950,000
Est. payment | /mo

20,000 SqFt

Save
$ 2,950,000
Est. payment | /mo
Save

20,000 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 20,000 sqft

Price per Sqft $147

MLS Listing ID 80059839

Year Built 1900

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 47' x 114'

Property Sub-Type Commercial/Industrial

Property Description

Incredible opportunity to continue the historic Wilson's Antiques business, or redevelop the building for a new use. Fantastic location in the heart of downtown between Front Street and the new Rotary Square on State Street. The building has 4 floors and 3 mezzanines, hardwood floors on the upper floors, high ceiling and original tin ceiling on the second floor. It has fire sprinklers throughout making a mixed use redevelopment a strong possibility. This would be a great location for a boutique hotel, or retail on the first floor with residential condominiums above. The business can be included for immediate cash flow and the antique store buyer. Current zoning allows for short term rentals or long term rentals. Elevator services main levels, but not mezzanines. Asking price supported by recent bank appraisal which was done for refinancing and is on the low side.

Location

State MI

County Grand Traverse

Area Traverse City (28021)

Zoning Multi-Family,Professional Office,Commercial,Residential

Interior

Heating Forced Air

Exterior

Parking Features Off Site

Building

Foundation Basement

Water Public Water

Structure Type Block,Brick

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Commercial Loan,Exchange/Trade

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Coldwell Banker Schmidt Traver
agent-avatar

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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123 S Union Street