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5123 N Royale Drive

Traverse City, MI 49684
  • $1,595,000
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 1919691
$1,595,000
  • 0
    BEDS
  • 1.2
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 11,486
    SQFT
  • $139
    $/SQFT
Type:
Commercial
Built:
1994
County:

School Ratings & Info

Description

Medical Office Building - 11,486 Sq/Ft. Main Level is 6,187 Sq/Ft. Walkout Lower Level is 5,299 Sq/Ft and Features a Large Open Area w/Picture Windows providing lots of natural light. Excellent for Physical Therapy, Patient Assessments, Gym Related Activities! Current tenant (month to month) is utilizing the lower level (some lab space), and approx. 2/3's of the main floor. The owner is using approx. 1/3 of the main floor & shared common areas. Owner leaseback is negotiable or buyer could use the entire building if needed. Many individual offices of various sizes. Close to Munson Hospital surrounded by a variety of Medical Practices.

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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: 2024-04-21T15:46:18.873.
www.housestraversecity.com/homes/148109516
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5123 N Royale Drive Traverse City, MI 49684

  • Price: $1,595,000
  • Status: Active
  • On Site: 54 Days
  • MLS #: 1919691
0
Beds
4
Baths
0
½ Baths
1.2
Acres
11,486
SQFT
$139
$/SQFT
1994
Built
Neighborhood:
West Traverse Office Plaza
County:
Grand Traverse
Area:
Grand Traverse
Property Description
Medical Office Building - 11,486 Sq/Ft. Main Level is 6,187 Sq/Ft. Walkout Lower Level is 5,299 Sq/Ft and Features a Large Open Area w/Picture Windows providing lots of natural light. Excellent for Physical Therapy, Patient Assessments, Gym Related Activities! Current tenant (month to month) is utilizing the lower level (some lab space), and approx. 2/3's of the main floor. The owner is using approx. 1/3 of the main floor & shared common areas. Owner leaseback is negotiable or buyer could use the entire building if needed. Many individual offices of various sizes. Close to Munson Hospital surrounded by a variety of Medical Practices.
Exterior Features

Construction BrickFrame Exterior Features Brick Foundation FullWalkoutFinished RoomsEntrance OutsideEntrance Inside Lot Dimensions 182x287 Parking PavedParking Lot Parking Spaces 20 Road Public MaintainedBlacktop Roof Asphalt

Interior Features

Heating Cooling Type Forced AirCentral Air

Property Features

Business Incl No Business Name Your Business Name Deeded Waterfront No Documents On File Other Eco Features No Extras Phone SystemOtherElevator Heating Cooling Source Natural Gas Included In Lease Other Inventory Incl No Licenses None Listing Agreement Type Exclusive Right to Sell Location FreestandingOther Lot Number 4 Possession Negotiable Present Use Medical/DentalOffice Building Real Estate Incl Yes Sale Or Lease For Sale Sale Rent For Sale Section Number 5 Sewer Municipal Terms Conventional MortgageCommercial LoanCash Township Garfield Type Office Type Of Ownership Private Owner Univs Design Barrier Free Widened DoorsNo Steps EntryRamped EntranceElevator Vacant Land No Water Municipal Water Zoning Office

Listing information © 2024 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Five Star Real Estate - Front St TC: 231-778-1200.



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: 2024-04-21T15:46:18.873.
 
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Team Dakoske | RE/MAX Bayshore
500 S. Union
Traverse City MI, 49684