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103 S Madison Street, Traverse City, Michigan

$500,000

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0.45

Acres

About 103 S Madison Street

Prime development parcel located right next to Munson Medical Center. This property is approximately 0.5 acres in size and has been used as a parking lot for many years (can accommodate up to 42 vehicles). With municipal water & sewer, this parcel is perfect for a multifamily development, medical office development, continued use as a parking lot, or many other uses allowed under H-1 zoning. Bring your ideas and take advantage of this excellent location! Sale of this property is contingent on sale of 224 Circle Dr (MLS #1919308). Seller will entertain offers on 103 S Madison St lot but reserves the right to wait until 224 Circle Dr is sold prior to selling 103 S Madison St lot.

Features of 103 S Madison Street

MLS® # 80014686
Price $500,000
Acres 0.45
Type Commercial
Sub-Type Commercial/Industrial
Status Active
Source MLS MiRealSource
Originating MLS Aspire North REALTORS

Community Information

Address 103 S Madison Street
Area Traverse City
City Traverse City
County Grand Traverse
State Michigan
Zip Code 49684

Amenities

Features Other
Parking Parking Lot

Interior

Heating None
Cooling None

Additional Information

Zoning Multi-Family, Professional Office, Commercial, Residential
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Schmidt Traverse City

Listing Map

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