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999 Sixth Street Traverse City, MI 49684
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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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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Three West, LLC