123 S Union Street 5600 US-31 N, Williamsburg, MI 49690 Active Save Request In-Person Tour Request Virtual Tour
Traverse City,MI 49684
Key Details
Property Type Commercial
Sub Type Income
Listing Status Active
Purchase Type For Sale
Square Footage 35,889 sqft
Price per Sqft $126
Subdivision Mi
MLS Listing ID 1936620
Year Built 1900
Lot Size 1.220 Acres
Acres 1.22
Lot Dimensions combined
Property Sub-Type Income
Property Description
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
State MI
County Grand Traverse
Zoning Residential,Multi-Family,Office,Retail,Commercial,Restaurant/Food,Motel/Hotel
Rooms
Basement Full,Slab
Interior
Heating Forced Air
Cooling Forced Air
Exterior
Exterior Feature Brick
Roof Type Asphalt,Membrane
Present Use Retail Store
Road Frontage Public Maintained,Blacktop
Building
Sewer Municipal
Water Municipal Water,Private Well
Others
Tax ID 28-51-702-004-00
Ownership Private Owner
Acceptable Financing Commercial Loan,Cash,1031 Exchange
Listing Terms Commercial Loan,Cash,1031 Exchange