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224 Circle Drive

Traverse City, MI 49684
  • $1,100,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 1931184
UPDATED: 67 min ago
$1,100,000
  • 0
    BEDS
  • 0.91
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 17,540
    SQFT
  • $63
    $/SQFT
Type:
Commercial
Built:
1955
County:

School Ratings & Info

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 of storage. The large parking lot accommodating up to 42 vehicles and an additional parking lot is available for purchase. Owner is real estate agent in the state of Michigan.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2025 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2025-04-29T16:52:09.293.
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224 Circle Drive Traverse City, MI 49684

  • Price: $1,100,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 67 min ago
  • MLS #: 1931184
0
Beds
10
Baths
0
½ Baths
0.91
Acres
17,540
SQFT
$63
$/SQFT
1955
Built
Neighborhood:
Milliken Medical Building
County:
Grand Traverse
Area:
Grand Traverse
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 of storage. The large parking lot accommodating up to 42 vehicles and an additional parking lot is available for purchase. Owner is real estate agent in the state of Michigan.
Exterior Features

Construction BlockFrame Exterior Features Stucco/Drivit Foundation Block Lot Dimensions irregular Parking PavedParking LotStreet Parking 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 Leases Eco Features No Extras Additional BuildingsElevator Heating Cooling Source Natural Gas Included In Lease Other 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 Terms Commercial LoanCash Township Traverse City Type Office Type Of Ownership Private Owner Univs Design Barrier Free Main Floor AccessNo Steps EntryCovered EntranceElevator Vacant Land No Water Municipal Water Zoning Multi-FamilyOfficeCommercialRestaurant/FoodMotel/HotelSpecial Use

Listing information © 2025 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Coldwell Banker Schmidt Traver: 231-922-2350.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2025 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2025-04-29T16:52:09.293.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684