Active

129 S Union Street

Traverse City MI, 49684

$1,350,000


$432.69 per sqft

Active

3,120 sqft

Commercial

Built in 1900

Rare opportunity to purchase a two-story downtown Traverse City building with a premier State and Union corner location. The 1,680 square foot first floor retail/office offers exposed brick, arched windows, and two restrooms. The second floor can be used as additional office area or perfect for build out for residential use with short term rental allowed. Parking is included to the rear and the 1,440 square foot basement provides additional storage. Benefit from recent new development along State St. including the Rotary Square park/event space across the street. Short walk to West Bay beaches. C4c Regional Center zoning allows for a variety of uses including retail, restaurant, office, and residential.

1914739

MLS ID

August 18, 2023

Listed

March 3, 2024

Updated

Map

129 S Union Street
Traverse City MI, 49684

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.06 Acres


Exterior Features

Brick


Roof

Membrane


Sewer

Municipal

School Information

School District

2.5

Other Property Details

Area Name

Grand Traverse


Days on Market

198


Garage

No


Parking

Parking Lot, Street Parking


View

No


County

Grand Traverse


Water Source

Municipal Water


Pool

No


Zoning

Commercial


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

2/13/2024

Price Change

$1,350,000

-13%

9/27/2023

Price Change

$1,550,000

-12%

Listed by with Three West, LLC
Listing Contact:  

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 3/3/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 3/3/2024 at 9:36 AM UTC

 

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