MI > Grand Traverse > Traverse City > 5123 N Royale Drive

$1,595,000

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  • MLS# 1919691
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800-871-9992

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248-208-3883

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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.

Property Information

Status
Active 
Address
5123 N Royale Drive 
City
Traverse City 
Zip
49684 
Year Built
1994 
Listing Date
02/28/2024 
County
Grand Traverse 
Possession
Negotiable 
Parking
Paved,Parking Lot 
Price/SqFt
138.86 

Features

Current Use
Medical/Dental,Office Building 
Features
Elevator, Other, Phone System 
Zoning
Office 
Water
Municipal Water 
Sub Property Type
Office 
Licenses
None 
Exterior Features
Brick 
Cooling
Central Air, Forced Air, Natural Gas 
Heating
Central Air, Forced Air, Natural Gas 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1919691 Active Feb 28 2024 5:16PM $1,595,000 62
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MITAAR Logo

Listing Courtesy of Five Star Real Estate - Front St Tc
Office Address 807 W. Front Street

5123 N Royale Drive Traverse City
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$1,595,000
For Sale • Acres: 1.2 • Zoning: Office