Traverse City, MI 49684,999 Sixth Street
Traverse City, MI 49684,999 Sixth Street
Traverse City, MI 49684,999 Sixth Street
29
$850,000
$925,000
8.1%
Est.Price: ?

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2,874 SqFt

999 Sixth Street Traverse City, MI 49684

Est. payment /mo
SOLD DATE : 07/25/2024

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Key Details

Sold Price $850,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,874 sqft

Price per Sqft $295

Subdivision Mi

MLS Listing ID 1334789

Sold Date 07/25/24

Year Built 1962

Lot Size 0.470 Acres

Acres 0.47

Lot Dimensions 155 x 132

Property Description

If location is what you are looking for, then this is the one. This almost 1/2 Acre corner property is located directly across from Munson Medical Center, Northern Michigan's largest hospital. Only minutes away from Downtown Traverse City, West Grand Traverse Bay, the GT Commons and shopping, this piece of property is ready to be redeveloped to a higher and better use. H-1 zoning allows for a density of 13 residential units on this property. The current Tenant has a lease in place until July 2025 which will give a developer cash flow during the holding period of developing their plans.

Location

State MI

County Grand Traverse

Area Traverse City (28021)

Zoning Other

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Garage Parking Lot

Building

Foundation Slab

Water Public Water

Structure Type Frame,Stone,Wood

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Seller

Listing Terms Seller

Financing Cash,Commercial Loan,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Three West, LLC
Bought with Three West, LLC

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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