123 S Union Street, Traverse City, MI

Others for Sale - $4,550,000 - 35,889 Sq. Ft.


Agent Info

Dan Stiebel
Coldwell Banker Schmidt

Property Info

CIMLS#1178948
Location
  123 S Union Street
  Traverse City MI 49684
UpdatedJuly 29th, 2025
TypeOthers
Price$4,550,000
Building35,889 Sq. Ft.

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.


Financials


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