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Northern Great Lakes REALTORS MLS™

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224 Circle Drive

Traverse City, MI 49684

$3,750,000

MLS #1919308

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Description

Unique opportunity to purchase the iconic Milliken Medical property located right next to Munson Medical Center in the heart of Traverse City's hospital district. Featuring over 17,500 SF on approximately 0.91 acres, this property is perfect for continued medical office use, multi-family redevelopment, or any number of other options allowed under the coveted H-1 zoning. The first floor of the building is approximately 11,955 SF and features numerous exam rooms & offices, waiting and reception areas, 6 restrooms, and a beautiful courtyard in the center of the building. The second floor is approximately 5,585 SF in total and features 4 medical office suites with a dedicated restroom in each suite. The membrane roof is approximately 5 years old. Two elevators servicing building and large parking lot accommodating up to 42 vehicles. Two separate basements total an additional 9,000 SF providing great storage space.


Overview

Sale or Lease:

For Sale

Business Included:

No

Real Estate Included:

Yes

Square Footage:

17540 sqft

Acres:

0.91 acres

Township:

Traverse City

County:

Grand Traverse


Features

Business Type:

Medical/Dental, Office Building

Location:

Corner Lot, Freestanding

Included in Lease:

None

Zoning:

Multi-Family, Office, Other, Commercial, Planned Unit Development

Alex MacKenzie

Coldwell Banker Schmidt-522

231-499-0529alex.mackenzie@cbsrcommercial.comnomicommercial.com

Compensations

Sub Agency

0.00%

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.