103 S Madison Street
Traverse City, MI 49684
$500,000
MLS #1919309
Description
Prime development parcel located right next to Munson Medical Center. This property is approximately 0.5 acres in size and has been used as a parking lot for many years (can accommodate up to 42 vehicles). With municipal water & sewer, this parcel is perfect for a multifamily development, medical office development, continued use as a parking lot, or many other uses allowed under H-1 zoning. Bring your ideas and take advantage of this excellent location! Sale of this property is contingent on sale of 224 Circle Dr (MLS #185177). Seller will entertain offers on 103 S Madison St lot but reserves the right to wait until 224 Circle Dr is sold prior to selling 103 S Madison St lot.
Overview
Acres:
0.45 acres
Township:
Traverse City
County:
Grand Traverse
School District:
Traverse City Area Public School
Dimensions:
Approx 182' x 107'
Watefront:
No
Features
Road:
Public Maintained, Blacktop
Land Features:
Level, Cleared, Corner Lot
Water Features:
None
Utilities:
Electric, Natural Gas, Telephone, Cable TV, Cable Internet
Zoning:
Residential, Multi-Family, Commercial, Office, Special Use, Parking Lot
Amenities:
None
Alex MacKenzie
Coldwell Banker Schmidt-522
231-499-0529alex.mackenzie@cbsrcommercial.comnomicommercial.comCompensations
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.