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Jenn Russell

231-668-6303
  • MLS® #: 1862028
  • 127 S Union Street

  • Traverse City, Michigan 49684
  • $1,545,000
  • 5 Bath, 6814 SQ. Feet, 0.05 Acres
  • Commercial

Own a part of Traverse City history! This two story building in the heart of downtown Traverse City has had extensive renovations including structural, mechanical & cosmetic and currently houses a stunning 2nd floor residential space along w/ a street level restaurant (currently leased) that includes fixtures, equipment, and a Class C liquor license! The upper level condo was thoughtfully converted over the last few years from its original use as a printing facility into a gorgeous, industrial-modern living space w/ historic & rustic features. The unit enjoys short-term vacation rental zoning and a solid Airbnb income history for additional income-generating options. The space is an entertainers dream w/ a gorgeous chefs kitchen & commercial range and an expansive dining & living room with the main focal point of the living area being the towering wall of glass overlooking Union Street. The unique bedrooms & bathrooms are clean, modern, and opulent utilizing clever aesthetics & design. Awe-inspiring architectural details include 12' of floor-to-ceiling brick forged in Traverse City from the clay of nearby Cedar Lake along w/ restored 110 y/o hardwood maple floors that span from wall to wall and have maintained their original warmth & character. A lengthy features list includes the old rustic hemlock beams salvaged from a local barn to the hefty solid white oak sliding barn doors & wood trim. Rooftop also has potential for future functional space. Almost anything you could possibly want to experience in the Traverse City area is conveniently & easily accessed from this central location. Click on virtual tour link for an incredibly realistic view of the upper level

Essential Information

  • MLS® #1862028
  • Price$1,545,000
  • Bathrooms5.00
  • Square Footage6,814
  • Acres0.05
  • Year Built1906
  • TypeCommercial
  • Sub-TypeMixed Use, Commercial Sale
  • StatusActive

Community Information

  • Address127 S Union Street
  • SubdivisionThe Boardroom
  • CityTraverse City
  • TownshipTraverse City
  • CountyGrand Traverse
  • StateMichigan
  • Zip Code49684

Amenities

  • ParkingStreet Parking, Off Site

Utilities

WATER: Municipal Water SEWER: Municipal

Features

Furniture/Fixtures, 12ft Ceiling Height, Phone System, Security System, 14ft Ceiling Height

Interior

  • Has BasementYes

Heating

Natural Gas, Forced Air, Central Air

Basement

Full, Finished Rooms, Entrance Inside, Block, Poured Concrete

Exterior

  • Exterior FeaturesBrick
  • Lot Description23x100
  • RoofMembrane
  • ConstructionBlock, Brick, Steel

Additional Information

  • Days on Market167
  • Ownership TypePrivate Owner
  • OfficeColdwell Banker Schmidt-402
  • Office Address402 E Front Street

Zoning

Residential, Retail, Commercial, Restaurant/Food

Property Location

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.