130 S Union St Traverse City, MI 49684
Property profile & analytics
130 S Union St Traverse City, MI 49684
- Office buildings
- 15,540 SF
- 0.15 lot acres
Property ID
US43-0754325
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 130 S Union St
- Year built
- 2007
- Lot size
- 0.15 lot acres
- Property size
- 15,540 SF
- Property type
- Office buildings
- APN
- 51-794-010-20
- APU
- 5179401020
Description
This exceptional three-story office building, totaling 15,540 square feet, is situated in Traverse City's central business district, just blocks from Lake Michigan. Built in 2007, this Class B property offers multiple tenancy options, with a minimum divisible space of 5,000 square feet. The building features a mix of private offices, spacious open work areas, boardrooms, conference rooms, and kitchenettes on each floor, along with restrooms. Conveniently located at the northwest corner of Union and State Streets, parking is available through a combination of on-street, private on-site, and city surface lot permit parking. The property is zoned Commercial C-4c and has a 0.15-acre lot size (APN: 28-51-794-010-20). The building includes elevators for easy access to all three floors. This offering presents a sublease opportunity, expiring February 29, 2028, with tenants responsible for all utilities paid directly to providers. This is an excellent opportunity for businesses seeking a prominent location in a thriving downtown area.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Traverse City
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.6242
- Latitude
- 44.7631
- CBSA code
- 45900
- CBSA name
- TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$101,222
$0.00
$0.00
$1,894,200
-
$0.00
$0.00
$4,894,087
