$ 1,499,000
5123 N Royale Drive Traverse City, MI 49684
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$ 1,499,000
Est. payment | /mo
11,486 SqFt
$ 1,499,000
Est. payment | /mo
11,486 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 11,486 sqft
Price per Sqft $130
Subdivision Mi
MLS Listing ID 80015057
Year Built 1994
Lot Size 1.200 Acres
Acres 1.2
Lot Dimensions 182x287
Property Description
Medical Office Building - 11,486 Sq/Ft. Main Level is 6,187 Sq/Ft. Walkout Lower Level is 5,299 Sq/Ft and Features a Large Open Area w/Picture Windows providing lots of natural light. Excellent for Physical Therapy, Patient Assessments, Gym Related Activities! Current tenant (month to month) is utilizing the lower level (some lab space), and approx. 2/3's of the main floor. The owner is using approx. 1/3 of the main floor & shared common areas. Owner leaseback is negotiable or buyer could use the entire building if needed. Many individual offices of various sizes. Close to Munson Hospital surrounded by a variety of Medical Practices.
Location
State MI
County Grand Traverse
Area Garfield Twp (28005)
Zoning Professional Office
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Garage 11-20 Spaces, 21+ Spaces, Parking Lot
Roof Type Asphalt
Building
Foundation Basement
Water Public Water
Structure Type Brick,Frame
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Commercial Loan,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Five Star Real Estate - Front St TC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "