MLS Public Remarks If location is what you are looking for, then this is the one. This almost 1/2 Acre corner property is located directly across from Munson Medical Center, Northern Michigan's largest hospital. Only minutes away from Downtown Traverse City, West Grand Traverse Bay, the GT Commons and shopping, this piece of property is ready to be redeveloped to a higher and better use. H-1 zoning allows for a density of 13 residential units on this property. The current Tenant has a lease in place until July 2025 which will give a developer cash flow during the holding period of developing their plans.
http://www.www.realestateone.com.com/1902865
Mailing City Traverse City
Township Traverse City
Directions Located on the southeast corner of the intersection of Sixth St and S Elmwood Ave.
Fin Below Grd SqFt 0
Total Fin SqFt 2,874
Price/SqFt $322
Current Use Medical/Dental,Office Building,Other
Unfinished SqFt 0
Above Grade Finished SqFt 0
CDOM 502
Sub Property Type Mixed Use
Year Built 1962
Days on Market 502
Land Assessment -
Improvements -
Acreage 0.47
Taxes -
Tax Year -
Summer Taxes -
Winter Taxes -
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 0.47
Lot Dimensions 155 x 132
WaterFrontage
0
Heating Central Air, Forced Air, Natural Gas
Cooling Central Air, Forced Air, Natural Gas
Water Municipal Water
Zoning Other
Heating Central Air, Forced Air, Natural Gas
Garage 0.0
Basement details Slab
Sewer Municipal
Features None
Parking Desc Parking Lot
Exterior Features Stone, Wood
Terms/Misc. Cash, Commercial Loan, Conventional
Possession Subject to Tena
Status Change Date 08/11/2023
Listing Date 07/21/2022
Internet/IDX Y
Licensee Interest None
Listing Office
Three West, Llc
Office Address
1131 E. Eighth Street
Listing Number
1902865
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Wednesday, December 6, 2023. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.