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103 S Madison Street

Traverse City, MI 49684
  • $500,000
  • STATUS: Active
  • ON SITE: 66 Days
  • MLS #: 1919310
$500,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Commercial
County:

School Ratings & Info

Description

Prime development parcel located right next to Munson Medical Center. This property is approximately 0.5 acres in size and has been used as a parking lot for many years (can accommodate up to 42 vehicles). With municipal water & sewer, this parcel is perfect for a multifamily development, medical office development, continued use as a parking lot, or many other uses allowed under H-1 zoning. Bring your ideas and take advantage of this excellent location! Sale of this property is contingent on sale of 224 Circle Dr (MLS #1919308). Seller will entertain offers on 103 S Madison St lot but reserves the right to wait until 224 Circle Dr is sold prior to selling 103 S Madison St lot.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-04-03T23:52:00.493.
www.housestraversecity.com/homes/147610575
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103 S Madison Street Traverse City, MI 49684

  • Price: $500,000
  • Status: Active
  • On Site: 66 Days
  • MLS #: 1919310
0
Beds
0
Baths
0
½ Baths
0.45
Acres
Neighborhood:
N/A
County:
Grand Traverse
Area:
Grand Traverse
Property Description
Prime development parcel located right next to Munson Medical Center. This property is approximately 0.5 acres in size and has been used as a parking lot for many years (can accommodate up to 42 vehicles). With municipal water & sewer, this parcel is perfect for a multifamily development, medical office development, continued use as a parking lot, or many other uses allowed under H-1 zoning. Bring your ideas and take advantage of this excellent location! Sale of this property is contingent on sale of 224 Circle Dr (MLS #1919308). Seller will entertain offers on 103 S Madison St lot but reserves the right to wait until 224 Circle Dr is sold prior to selling 103 S Madison St lot.
Exterior Features

Construction None Exterior Features None Foundation None Lot Dimensions approx 182' x 107' Parking Parking Lot Road Public MaintainedBlacktop Roof None

Interior Features

Heating Cooling Type None

Property Features

Business Incl No Business Name N/A Deeded Waterfront No Documents On File Agency DisclosureOther Eco Features No Extras Other Heating Cooling Source None Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right to Sell Location FreestandingOther Possession At ClosingNegotiable Present Use Other Sale Or Lease For Sale Sale Rent For Sale Section Number 4 Sewer Municipal Summer Taxes 5087.75 Terms Commercial LoanCash Township Traverse City Type Mixed Use Type Of Ownership Corporate Owned Univs Design Barrier Free None Vacant Land Yes Water Municipal Water Winter Taxes 414.68 Zoning ResidentialMulti-FamilyOfficeCommercialSpecial Use

Listing information © 2024 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Coldwell Banker Schmidt-522: 231-929-2300.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-04-03T23:52:00.493.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684