123 S Union St

For Sale

123 S Union St, Traverse City, MI 49684

This Traverse City property for sale is located at 123 S Union St. The current listed sale price for 123 S Union St is $4,550,000.

Contacts

broker
Daniel Stiebel

Coldwell Banker Schmidt Realtors

Property Details

  • Property Type Other
  • Property Size 35,889 SF
  • Year Built 1900
  • Date Updated Jul 22, 2025
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 both 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 incredile bay views. Buildings can also be purchased separately
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Highlights

  • 123 S Union: Located downtown Traverse City between Front St & State St on the east side of Union St. 5600 US-31 N: Right off of US-31 N in Acme, between Mt. Hope Rd and Cresthaven Ln across from East Bay Marina.
  • Exterior Description: Brick
  • Exterior Description: Concrete Block
  • Garage Description: Curb Parking.
  • Heating - Fuel Type: Gas
  • Heating Type: Forced Air
  • Road Type: City / Town Street
  • Roof: Asphalt Shingle Roof
  • Roof: Rubber
  • Water: Municipal Water
  • Water: Well

Getting around

  • 87/100

    Walk Score ®

  • 88/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Traverse City, MI
  • Zip Code 49684

Points of Interest

  • ChargePoint

    0.21 miles

  • Speedway

    0.56 miles

  • Shell

    0.57 miles

  • Blink

    0.86 miles

  • Mobil

    0.87 miles

  • Mutual Service Station

    1.15 miles

  • Holiday

    1.30 miles

  • Traverse City Supercharger

    1.63 miles

  • Meijer

    1.64 miles

  • Pacific Pride

    1.74 miles

  • Lot G

    0.03 miles

  • Lot W

    0.04 miles

  • Lot R

    0.06 miles

  • Lot K

    0.07 miles

  • Lot P

    0.08 miles

  • Lot E

    0.08 miles

  • Lot O

    0.10 miles

  • Lot A

    0.11 miles

  • Lot T

    0.15 miles

  • Lot B

    0.16 miles

  • The Whiting

    0.11 miles

  • Hotel Indigo

    0.23 miles

  • Park Place Hotel

    0.27 miles

  • Wellington Inn

    0.48 miles

  • Visit Up North Vacation Rentals

    0.59 miles

  • Delamar Traverse City

    0.68 miles

  • Bayshore Resort

    1.00 miles

  • Grand Traverse Motel

    1.25 miles

  • Sierra Motel

    1.84 miles

  • Cambria Suites

    1.87 miles

  • Oryana Natural Foods Market

    0.53 miles

  • Toms Food Market

    1.01 miles

  • Family Fare

    1.20 miles

  • Oleson's

    1.48 miles

  • Edson Farms Market and Deli

    1.62 miles

  • Meijer

    1.72 miles

  • Save-A-Lot

    1.79 miles

  • Gordon Food Service

    2.20 miles

  • Kohl's

    2.23 miles

  • Cherryland Center

    2.30 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Daniel Stiebel

Coldwell Banker Schmidt Realtors

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