224 Circle Drive Active

Traverse City,MI 49684

$ 1100000

- Bed

0 Bath

17540 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 17,540 sqft

Price per Sqft $62

Municipality Traverse City

Subdivision Traverse City

MLS Listing ID 80054556

Originating Board MiRealSource

Year Built 1955

Lot Size 0.910 Acres

Acres 0.91

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

Location

State MI

County Grand Traverse County

Zoning Multi-Family,Professional

Interior

Heating Forced Air

Cooling Central Air

Exterior

View Y/N No

Building

Sewer Public

Structure Type Block,Stucco

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