USAMITraverse City123 S Union St
Listing image | Image 1

123 S Union St, Traverse City, MI

House

For Sale

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

000

MLS® 1947396

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 20000 sqft
Garage 
Taxes 
Days Active 0
Lot Size 0.12 Acres
Approx. Age 1900
Avg. Price Per Sqft $147
MLS® Number 1947396

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

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

Description

Secure one of downtown Traverse City's truly irreplaceable commercial assets. This iconic approximately 20, 000-square-foot building occupies a premier location between Front Street and State Street. Spanning four full stories with three mezzanine levels, it offers an architectural character rarely found in today's market. Whether your vision includes flagship retail, luxury residences, boutique hospitality, mixed-use redevelopment, or a long-term investment, the property offers exceptional flexibility to create a landmark asset in one of Northern Michigan's most desirable downtown districts. Wilson's Antiques currently occupies the building, providing immediate in-place income while preserving the flexibility to execute your long-term business plan on your own timeline. Positioned just steps from planned parking improvements and surrounded by continued investment throughout downtown Traverse City, the property is exceptionally well positioned to benefit from the city's continued growth and evolution. Fully sprinklered and served by an elevator, the building also features hardwood floors and an original tin ceiling, offering a distinctive foundation for restoration, adaptive reuse, or redevelopment. Landmark buildings cannot be replicated. With its irreplaceable location, substantial scale, historic character, and exceptional redevelopment potential, 123 S. Union Street represents a rare opportunity to establish a lasting presence in one of Michigan's premier downtown markets.
MLS® Number1947396
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull
DrivewayOff Site, On Street
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 1, 2026List Date
$2,950,000List Price
  • Commute

Commute

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

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