Traverse City, MI 49684,116 S Union Street

$1,400,000

$1,250,000

12.0%
Est.Price: ?

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Est. payment /mo

3,750 SqFt


SOLD DATE : 06/07/2023

Key Details

Sold Price $1,400,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $373

MLS Listing ID 78080003597

Sold Date 06/07/23

Originating Board Aspire North REALTORS®

Year Built 1900

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 25x103

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.

Location

State MI

County Grand Traverse

Area Traverse City

Zoning Commercial

Interior

Heating Baseboard, Forced Air, Hot Water, Steam, Central Air

Heat Source Electric, Natural Gas

Exterior

Roof Type Other

Accessibility Disabled Access

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Traverse City

Others

Tax ID 285179400700

Ownership Private Owned

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by Kevin Query of Three West, LLC
Bought with Century 21 Northland
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