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224 Circle Drive

Traverse City, MI 49684
  • $3,750,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 1919308
UPDATED: 145 min ago
$3,750,000
  • 0
    BEDS
  • 0.91
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 17,540
    SQFT
  • $214
    $/SQFT
Type:
Commercial
Built:
1955
County:

School Ratings & Info

Description

Unique opportunity to purchase the iconic Milliken Medical property located right next to Munson Medical Center in the heart of Traverse City's hospital district. Featuring over 17,500 SF on approximately 0.91 acres, this property is perfect for continued medical office use, multi-family redevelopment, or any number of other options allowed under the coveted H-1 zoning. The first floor of the building is approximately 11,955 SF and features numerous exam rooms & offices, waiting and reception areas, 6 restrooms, and a beautiful courtyard in the center of the building. The second floor is approximately 5,585 SF in total and features 4 medical office suites with a dedicated restroom in each suite. The membrane roof is approximately 5 years old. Two elevators servicing building and large parking lot accommodating up to 42 vehicles. Two separate basements total an additional 9,000 SF providing great storage space.

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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: 2024-04-25T07:52:08.943.
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224 Circle Drive Traverse City, MI 49684

  • Price: $3,750,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 145 min ago
  • MLS #: 1919308
0
Beds
10
Baths
0
½ Baths
0.91
Acres
17,540
SQFT
$214
$/SQFT
1955
Built
Neighborhood:
Milliken Medical Building
County:
Grand Traverse
Area:
Grand Traverse
Property Description
Unique opportunity to purchase the iconic Milliken Medical property located right next to Munson Medical Center in the heart of Traverse City's hospital district. Featuring over 17,500 SF on approximately 0.91 acres, this property is perfect for continued medical office use, multi-family redevelopment, or any number of other options allowed under the coveted H-1 zoning. The first floor of the building is approximately 11,955 SF and features numerous exam rooms & offices, waiting and reception areas, 6 restrooms, and a beautiful courtyard in the center of the building. The second floor is approximately 5,585 SF in total and features 4 medical office suites with a dedicated restroom in each suite. The membrane roof is approximately 5 years old. Two elevators servicing building and large parking lot accommodating up to 42 vehicles. Two separate basements total an additional 9,000 SF providing great storage space.
Exterior Features

Construction Block Exterior Features BlockStucco/DrivitOther Foundation Block Lot Dimensions irregular Parking Parking Lot Parking Spaces 42 Road Public MaintainedBlacktop Roof Membrane

Interior Features

Heating Cooling Type Forced AirCentral Air

Property Features

Business Incl No Business Name N/A Deeded Waterfront No Documents On File LeasesAgency Disclosure Eco Features No Extras Additional BuildingsElevator Heating Cooling Source Natural Gas Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right to Sell Location Corner LotFreestanding Possession At ClosingSubject to Tenants Rights Present Use Medical/DentalOffice Building Real Estate Incl Yes Sale Or Lease For Sale Sale Rent For Sale Section Number 4 Sewer Municipal Summer Taxes 46414 Terms Conventional MortgageCashOther Total Taxes 50197 Township Traverse City Type Office Type Of Ownership Corporate Owned Univs Design Barrier Free Elevator Vacant Land No Water Municipal Water Winter Taxes 3783 Zoning Multi-FamilyOfficeOtherCommercialPlanned Unit Development

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: 2024-04-25T07:52:08.943.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684