About 123 S Union
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
| MLS® # | 78080059921 |
|---|---|
| Price | $4,550,000 |
| Bathrooms | 0.00 |
| Acres | 1.22 |
| Year Built | 1900 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 123 S Union |
|---|---|
| Area | 28042 - Traverse City |
| Subdivision | NA |
| City | Traverse City city |
| County | Grand Traverse |
| State | Michigan |
| Zip Code | 49684 |
Amenities
| Utilities | Natural Gas Connected |
|---|---|
| Parking | Parking Lot, Off Site |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Fireplace | No |
Exterior
| Construction | Block, Brick |
|---|---|
| Foundation | Basement, Slab |
School Information
| District | Traverse City |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Schmidt Traver |
|---|---|
| Contact Info | dan@realestatetc.com |