37
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$1,100,000
Est. payment /mo
17,540 SqFt
Active
224 Circle Drive Traverse City, MI 49684
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 17,540 sqft
Price per Sqft $62
MLS Listing ID 1931184
Year Built 1955
Lot Size 0.910 Acres
Acres 0.91
Lot Dimensions irregular
Property Sub-Type Business
Property Description
Opportunity to purchase a prime 0.91 acre lot zoned H1 in downtown Traverse City next to Munson Hospital for only $28/SF for the land. This would be a great redevelopment site for a mixed use project that could include medical office, apartments, condos, professional office and more. Or use the existing 17,500 SF medical building which being offered for less than $65/SF. Building has lots of curb appeal with its iconic rounded corners. The first floor of the building is approximately 12,000 SF in 2 suites and features numerous exam rooms & offices, waiting and reception areas, 6 restrooms, and a micro-courtyard in the center. The second floor is approximately 5,585 SF and features 4 medical office suites accessed by two elevators servicing the building. There are 2 basements with 9,000 SF of storage. The large parking lot accommodating up to 42 vehicles and an additional parking lot is available for purchase. Owner is real estate agent in the state of Michigan.
Location
State MI
County Grand Traverse
Area Traverse City (28021)
Zoning Multi-Family,Professional Office,Commercial
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Parking Features 21+ Spaces, Parking Lot
Building
Water Public Water
Structure Type Block,Frame,Stucco
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Commercial Loan
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Coldwell Banker Schmidt Traverse City