This Retail Property is no longer advertised on LoopNet.com.

116 S Union St
Traverse City, MI 49684
Retail Property For Sale

Investment Highlights

  • Prime downtown location
  • Residential / Commercial mix
  • Two residential units (Unit #1 - 1 bd, 3/4 ba, Unit #2 - 1 bd, 1ba)
  • Private parking
  • Zoned for multiple uses
  • Retail unit with NNN lease in place (expiring Dec, 2023, $20 /sf NNN)

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,750 SF
Building Class
B
Year Built
1900
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.43
Lot Size
0.06 AC
Zoning
C-4C - Commercial
Parking
4 Spaces (1.07 Spaces per 1,000 SF Leased)
Frontage
71’ on South Union Street

Amenities

  • Corner Lot

Property Taxes

Property Taxes

Parcel Number
51-794-007-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$431,000
  • Listing ID: 27650518

  • Date on Market: 2/1/2023

  • Last Updated:

  • Address: 116 S Union St, Traverse City, MI 49684

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