USAMITraverse City123 S Union St
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123 S Union St, Traverse City, MI

Real Estate

For Sale

Listed price in listed location currency (USD).
$2,950,000

000

MLS® 1936538

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 20000 sqft
Garage No
HOA Fees 
Taxes 
Days Active 154
Approx. Age 
Avg. Price Per Sqft $147
MLS® Number 1936538

Property Address: 123 S Union St, Traverse City, MI, 49684-2519

Average square foot calculated using Size range provided by listing agent.

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. Asking price supported by recent bank appraisal which was done for refinancing and is on the low side.
MLS® Number1936538
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 18, 2025List Date
$2,950,000List Price
  • Commute

Commute

Starting Address
Destination Address
123 S Union St, Traverse City, MI

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