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103 S Madison Street

Traverse City, MI 49684

$500,000

MLS #1919309

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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.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.