123 S Union Street
$4,550,000
123 S Union Street, Traverse City, MI 49684
35,889 sqft
Building Size
1.22 acres
Lot Area
Details:
Highlights:
- Exterior Description: Concrete Block
- Garage Description: Curb Parking.
- Heating Fuel Type: Gas
- Heating Type: Forced Air
- Road Type: City / Town Street
- Roof: Rubber
- Water: Well
Description:
123 S Union: Located downtown Traverse City between Front St & State St on the east side of Union St. 5600 US-31 N: Right off of US-31 N in Acme, between Mt. Hope Rd and Cresthaven Ln across from East Bay Marina.
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
Gallery
