Bought with Kelly J Clark • The Mitten Real Estate Group
$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 Office
Listing Status Sold
Purchase Type For Sale
Square Footage 2,504 sqft
Price per Sqft $235
Subdivision Mi
MLS Listing ID 1919099
Sold Date 05/30/25
Year Built 1956
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions irregular
Property Sub-Type Office
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
Zoning Multi-Family,Office,Other,Commercial,Planned Unit Development
Rooms
Basement Block
Interior
Heating Forced Air
Cooling Forced Air
Exterior
Exterior Feature Brick
Roof Type Membrane
Present Use Medical/Dental,Office Building
Road Frontage Public Maintained, Blacktop
Total Parking Spaces 13
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 28-51-866-017-00
Ownership Private Owner
Acceptable Financing Commercial Loan, Cash, Other
Listing Terms Commercial Loan, Cash, Other
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