Investment Opportunity · Traverse City, Michigan
An Irreplaceable Downtown Asset.
123 S. Union Street · Traverse City, Michigan
Redevelopment Potential
Your Vision. Your Timeline.
"Landmark buildings cannot be replicated."
Secure one of downtown Traverse City's truly irreplaceable commercial assets. This iconic approximately 20,000-square-foot building occupies a premier location between Front Street and State Street. Spanning four full stories with three mezzanine levels, it offers an architectural character rarely found in today's market.
Whether your vision includes flagship retail, luxury residences, boutique hospitality, mixed-use redevelopment, or a long-term investment, the property offers exceptional flexibility to create a landmark asset in one of Northern Michigan's most desirable downtown districts.
Wilson's Antiques currently occupies the building, providing immediate in-place income while preserving the flexibility to execute your long-term business plan on your own timeline.
Property Details
Highlights
Positioned just steps from planned parking improvements and surrounded by continued investment throughout downtown Traverse City, the property is exceptionally well positioned to benefit from the city's continued growth and evolution. Fully sprinklered and served by an elevator, the building also features hardwood floors and an original tin ceiling, offering a distinctive foundation for restoration, adaptive reuse, or redevelopment. With its irreplaceable location, substantial scale, historic character, and exceptional redevelopment potential, 123 S. Union Street represents a rare opportunity to establish a lasting presence in one of Michigan's premier downtown markets.
Exclusively Listed By
Offering Memorandum Available