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    530 South Union St Traverse City, MI 49684

    For Sale
    $1,300,000

    Office Building - Traverse City, MI

    Property size:
    3,713 SF
    Lot size:
    0.33 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 530 South Union St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    Basement Y/N
    1
    Size
    3,713 SF
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Hot Water (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1915
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Other

    Real Estate One, Inc. (231) 946-4040 [email protected]

    Listing agent Blake Bernard (231) 946-4040

    Listing date Oct 7, 2025

    MLS# 1939127 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Mixed-Use Property For Sale

    This historic mixed-use property, an iconic structure in Traverse City, presents an ownership opportunity on the corner of 9th and Union Street. The property, large enough to be split by right, features a historic Old Town bungalow built in 1915 with high-end craftsmanship. The interior showcases maple hardwood floors, original wood trim, and 9' coffered ceilings. A wood-burning fireplace is the focal point of the spacious living area, accompanied by a foyer, den, office, and a main floor primary bedroom. Currently used as an office, the main floor can be converted back to a residence. The upstairs area, with a separate kitchen and two or three bedrooms with a private entrance, could function as a separate unit. The finished lower level provides flexible living or office space suitable for a media room, home gym, or storage. Situated on three city lots totaling 0.33 acres, the property includes a 2+ car garage with an oversized door, potentially accommodating four vehicles or providing RV/Boat storage. The property features a covered front porch and a back patio area, complemented by mature trees. The building size is 3713 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Traverse City
    County
    Grand Traverse
    State
    Michigan
    Longitude
    -85.624074
    Latitude
    44.758377

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    FAQs

    What type of property is this?
    Mixed-use property - Historic mixed-use property with office and residential potential in Traverse City.
    Where is this mixed-use property located?
    The property is located at 530 South Union St Traverse City, MI.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Historic mixed-use property with potential to be split.; - Large 2+ car garage with oversized door for multiple vehicles or RV/Boat storage.; - Prime location on the corner of 9th and Union Street.
    (231) 946-4040
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    530 South Union St Traverse City, MI 49684
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