$590,000
$619,900
4.8%For more information regarding the value of a property, please contact us for a free consultation.
110 S Madison Street Traverse City, MI 49684
2,504 SqFt
Key Details
Sold Price $590,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 2,504 sqft
Price per Sqft $235
Subdivision Mi
MLS Listing ID 80014470
Sold Date 05/30/25
Year Built 1956
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions irregular
Property Sub-Type Business
Property Description
Great opportunity to purchase this prime office building located next to Munson Medical Center in the heart of Traverse City's hospital district. Featuring over 2,500 SF on approximately 0.3 acres, this property is built out as a medical office, and is perfect for continued medical use, professional office, multi-family redevelopment, or any number of other options allowed under the coveted H-1 zoning. The first floor of the building features numerous individual exam rooms & offices, a waiting and reception area, and 2 restrooms. The unfinished basement is approximately 900 SF in total and features a bathroom and plenty of storage space. The parking lot can accommodate up to 13 vehicles.
Location
State MI
County Grand Traverse
Area Traverse City (28021)
Zoning Commercial,Multi-Family,Other,Professional Office
Interior
Heating Forced Air
Exterior
Parking Features 11-20 Spaces, Parking Lot
Building
Water Public Water
Structure Type Block,Brick
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Commercial Loan
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Bought with The Mitten Real Estate Group