103 S Madison Street Active Save Request In-Person Tour Request Virtual Tour
Traverse City,MI 49684
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 80014686
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions approx 182' x 107'
Property 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 #1919308). 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.
Location
State MI
County Grand Traverse
Area Traverse City (28021)
Zoning Multi-Family,Professional Office,Commercial,Residential
Interior
Heating None
Cooling None
Exterior
Parking Features Parking Lot
Building
Water Public Water
Others
Ownership Corporation
Financing Cash,Commercial Loan