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116 S Union Street

Traverse City, MI 49684
  • $1,250,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 1908106
UPDATED: 61 min ago
$1,250,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,750
    SQFT
  • $333
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

This is a rare opportunity to own a unique two-story building in central downtown Traverse City. Located near the corner of Front and Union St, this building is a mix of second-floor residential and street-level retail. Avoid the headaches with the change-of-use process you'll find in other downtown buildings: this is an uncommon opportunity to acquire a building with vacant residential units on the second floor. Ground floor tenant has lease through December of 2023, which could either be renewed or occupied by a owner-user.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2023 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2023-03-29T10:51:59.807.
www.housestraversecity.com/homes/136605429
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116 S Union Street Traverse City, MI 49684

  • Price: $1,250,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 61 min ago
  • MLS #: 1908106
0
Beds
0
Baths
0
½ Baths
0.06
Acres
3,750
SQFT
$333
$/SQFT
1900
Built
Neighborhood:
None
County:
Grand Traverse
Area:
Grand Traverse
Property Description
This is a rare opportunity to own a unique two-story building in central downtown Traverse City. Located near the corner of Front and Union St, this building is a mix of second-floor residential and street-level retail. Avoid the headaches with the change-of-use process you'll find in other downtown buildings: this is an uncommon opportunity to acquire a building with vacant residential units on the second floor. Ground floor tenant has lease through December of 2023, which could either be renewed or occupied by a owner-user.
Exterior Features

Construction Brick Exterior Features Brick Foundation FullStone Lot Dimensions 25X103 Parking Parking LotStreet Parking Road Public Maintained Roof Tar/Gravel

Interior Features

Heating Cooling Type Forced AirHot WaterBaseboardCentral AirSteamWindow Air Conditioner

Property Features

Business Incl No Business Name None Deeded Waterfront No Documents On File Leases Eco Features No Extras 14Ft Ceiling Height Heating Cooling Source ElectricNatural Gas Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right To Sell Location Corner Lot Possession At ClosingSubject To Tenants Rights Present Use Retail StoreOther Real Estate Incl Yes Sale Or Lease For Sale Sale Rent For Sale Section Number 3 Sewer Municipal Terms Conventional MortgageCommercial LoanCash Township Traverse City Type Retail/Commercial Type Of Ownership Private Owner Univs Design Barrier Free Covered EntranceRamped Entrance Vacant Land No Water Municipal Water Zoning Commercial

Listing information © 2023 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Three West, Llc: 231-929-2955.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2023 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2023-03-29T10:51:59.807.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684