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123 S Union Street Traverse City, MI $ 4,550,000
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$ 4,550,000 Get more info
123 S Union Street
$ 4,550,000
Back to search
Share Save

123 S Union Street

Traverse City, MI, 49684
$ 4,550,000
Bedrooms-- Baths-- Sq 35,889

Monthly Estimate*

$ 28,386

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Commercial Property for sale in Traverse City, MI

for $4,550,000. This 35,889 square foot building was built in 1900 on a lot size of 1.22.

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.

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Commercial Active

Price

$ 4,550,000

Property Type

Commercial

Taxes

$ 0

Style

Income

Lot Size

1.22

Year Built

1900

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1936620
Features
General
Roof Asphalt Membrane
Zoning Residential Multi-Family Office Retail Commercial Restaurant/Food Motel/Hotel
Sewer Municipal
Construction Brick Block
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Interior
Basement Full Slab
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Exterior
Exterior Features Brick
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* Excluded Features
List By
Coldwell Banker Schmidt Traver

Broker

(231) 633-0432

Phone

Affordability Calculator

$28,386
Per Month
100%
0%
0%
Monthly Principal & Interest
$28,386
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
2034270 Elementary School
2034440 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
7/21/2025$4,550,000 Listed Price

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123 S Union Street, Traverse City, MI, 49684 is a Commercial Property for sale at $4,550,000 with 35,889 sqft and a lot size of 1.22. 123 S Union Street was built in 1900. The property's zip code is 49684 which is in Traverse City, MI

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