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Northern Great Lakes REALTORS MLS™

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5123 N Royale Drive

Traverse City, MI 49684

$1,595,000

MLS #1919691

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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.


Overview

Sale or Lease:

For Sale

Business Included:

No

Real Estate Included:

Yes

Square Footage:

11486 sqft

Acres:

1.2 acres

Township:

Garfield

County:

Grand Traverse


Features

Business Type:

Medical/Dental, Office Building

Location:

Freestanding, Other

Included in Lease:

Other

Zoning:

Office

Sam Abood

Five Star Real Estate - Front St TC

231-218-5130sam@samabood.comwww.samabood.com

Compensations

Sub Agency

2.50%

Buyer Agency

2.50%

Transaction Coordinator

0.00%

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.