Property Attributes
- MLS#1902865
- TypeCommercial
- CountyGRAND TRAVERSE
- CityTraverse City
- AreaGrand Traverse
- NeighborhoodTraverse City
- Zip49684
- StyleMixed Use
- Price$ 925,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2874
- Lot Size0.47 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
Property Description
If location is what you are looking for, then this is the one. This almost 1/2 Acre corner property is located directly across from Munson Medical Center, Northern Michigan's largest hospital. Only minutes away from Downtown Traverse City, West Grand Traverse Bay, the GT Commons and shopping, this piece of property is ready to be redeveloped to a higher and better use. H-1 zoning allows for a density of 13 residential units on this property. The current Tenant has a lease in place until July 2025 which will give a developer cash flow during the holding period of developing their plans.
Price History | |
---|---|
2/8/2024 | Listed $925,000 |
General Features
Roof | Membrane |
---|---|
Zoning | Other |
Sewer | Municipal |
Construction | Frame |
Interior Features
Basement | Slab |
---|
Exterior Features
Exterior Features | Wood,Stone |
---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool