123 S Union Street Lot: 4-5 new

Traverse City,MI 49684

$ 2950000

0 Bed

- Bath

20000 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 20,000 sqft

Price per Sqft $147

Subdivision Na

MLS Listing ID 78080059839

Year Built 1900

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 47' x 114'

Source Aspire North REALTORS®

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.

Location

State MI

County Grand Traverse

Area Traverse City

Zoning Commercial,Multi-Family,Office,Residential

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Utilities Available Elevator

Accessibility Disabled Access

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block,Brick

Schools

School District Traverse City

Others

Tax ID 285170200400

Ownership Private Owned

Acceptable Financing Cash,Other,Trade/Exchange

Listing Terms Cash,Other,Trade/Exchange

Financing Cash,Other,Trade/Exchange

Special Listing Condition Unknown/Data Share Listings

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