418-420 S Union Street Traverse City, MI ^$ 1,450,000

418-420 S Union Street

^$ 1,450,000

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Recently Listed

418-420 S Union Street

Traverse City, MI, 49684

^$ 1,450,000

Studio Baths0.0 Sq 1,960

Monthly Estimate*

^$ 9,637

418-420 S Union Street, Traverse City, MI 49684 - Image 1

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418-420 S Union Street, Traverse City, MI 49684 - Image 8

Studio

Commercial Property for sale in Traverse City, MI

for $1,450,000. This 1,960 square foot building was built in 1920 on a lot size of 0.38.

Two contiguous development parcels in the heart of downtown Traverse City. Situated in the 400 Block of S. Union in Old Town TC these parcels have onsite parking and are 1/2 block from the city run Old Town parking deck. A full 100 feet of street frontage in a C-2 development district they are ready for your commercial-residential development. Surrounded by dining, retail, banking, and a major downtown pharmacy this site is waiting for residential community housing.

Commercial Active

Price

^$ 1,450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail/Commercial

Lot Size

0.38

Year Built

1920

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1922066

Features

General

Roof Asphalt

Zoning Office Retail Commercial

Sewer Municipal

Construction Frame

Interior

Basement Full

Exterior

Exterior Features Wood

* Excluded Features

List By

Coldwell Banker Schmidt-522

Broker

(231) 492-5898

Phone

Affordability Calculator

$9,637

Per Month

Monthly Principal & Interest: $9,637
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$593,417

Percent of Sale Price 59%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2034270 Elementary School

2034440 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2024	$1,450,000		Listed Price

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418-420 S Union Street, Traverse City, MI, 49684 is a Commercial Property for sale at $1,450,000 with 1,960 sqft and a lot size of 0.38. 418-420 S Union Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 49684 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern Great Lakes REALTORS® MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/25/2024.

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418-420 S Union Street

Commercial Property for sale in Traverse City, MI

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