For Sale Active

121 & 125 Munson Map / directions

Traverse City, MI

49686 Market info

$2,400,000

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  • MLS# 1868376
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Prime redevelopment opportunity. 24 room motel in an OUTSTANDING location at the base of Old Mission Peninsula and across the street from Northern Michigan College, Dennos Museum and the Civic Center. Sale includes all furnishings, fixtures and equipment. Property is ready for remodeling and higher revenues. HR Zoning allows for 4 stories or 45 foot building height. Uses include Condo's, apartments, short term rentals, retail and more. Sale includes motel property plus additional .81 acres of vacant land. Access from Munson and E. Front across from NMC.

Property Information

Status
Active 
Address
121 & 125 Munson 
City
Traverse City 
Zip
49686 
Year Built
1984 
Listing Date
10/09/2019 
County
Grand Traverse 
Possession
At Closing 
Parking
Paved,Parking Lot 
Price/SqFt
261.32 

Features

Current Use
Other 
Features
None 
Zoning
Motel/Hotel 
Water
Municipal Water 
Sub Property Type
Hospitality 
Licenses
None 
Exterior Features
Brick, Wood 
Cooling
Electric, Hot Water, Natural Gas 
Heating
Electric, Hot Water, Natural Gas 

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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

Listing Broker

MITAAR Logo

Listing Courtesy of Keller Williams-Greater Gt
Office Address 534 E Front Street Suite 1

Real Estate One Family of Companies

121 & 125 Munson Traverse City
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$2,400,000
For Sale • Acres: 1.39 • Zoning: Motel/Hotel