999 Sixth Street
Traverse City, MI 49684
$925,000
MLS #1902865
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.
Overview
Sale or Lease:
For Sale
Business Included:
No
Real Estate Included:
No
Square Footage:
2874 sqft
Acres:
0.47 acres
Township:
Traverse City
County:
Grand Traverse
Features
Business Type:
Medical/Dental, Office Building, Other
Location:
Corner Lot
Included in Lease:
None
Zoning:
Other
Compensations
Sub Agency
3.00%
Buyer Agency
3.00%
Transaction Coordinator
0.00%
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.