Property Listings

Price: $26.00
Square Ft.: 2874
Price/SQFT: $0.01

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.

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Basic Features:

MLS ID: 1929765
City: Traverse City
State: MI
ZIP: 49684
Area: Grand Traverse
Acres: 0.47
Square Feet: 2874

Additional Features:

Basement:	Location: Corner Lot
Business Included: Health Services,Professional/Office,Other	Lot:
Business Name: None	Property Status: Active
Construction: Frame,Wood Siding,Stone	Documents: None
Zoning: Other	Possession: Close Of Escrow,Subject To Tenant Rights
Dimensions: 155 x 132	For Sale Or Lease: Commercial Lease
Directions: Located on the southeast corner of the intersection of Sixth St and S Elmwood Ave.	Road Frontage:
Days On Market: 71	Roofing: Membrane
Days On MLS: 71	Township: Traverse City
Financing:	Water: Public
Floor Type:	Licenses: None
Heating: Forced Air,Natural Gas	Year Built: 1962
Cooling: Central Air