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Price: $ 1,850,000.00Listing # 1919308 Address 224 Circle Drive City: Traverse City State: MI Zip: 49684 Square Ft.: 17540 Acres: 0.91
Unique opportunity to purchase the iconic Milliken Medical property located right next to Munson Medical Center in the heart of Traverse City's hospital district. First constructed as a 700 SF building in 1955, several additions over the years has resulted in a beautiful 17,500 SF building on approximately 0.91 acres. This property is perfect for continued medical office use, multi-family redevelopment, or any number of other options allowed under the coveted H-1 zoning. The first floor of the building is approximately 11,955 SF and features numerous exam rooms & offices, waiting and reception areas, 6 restrooms, and a beautiful courtyard in the center of the building. The second floor is approximately 5,585 SF in total and features 4 medical office suites with a dedicated restroom in each suite. The membrane roof is approximately 5 years old. Two elevators servicing building and large parking lot accommodating up to 42 vehicles. Two separate basements total an additional 9,000 SF providing great storage space.
Basic Features: Acres: 0.91 Area: Grand Traverse Neighborhood: Type: Office Square Ft: 17540
Additional Features: Basement: Block Business Included: No Business Name: N/A Construction: Block Current Zoning: Multi-Family,Office,Other,Commercial,Planned Unit Development Deeded Water: No Dimensions: irregular Directions: West on Front St from Downtown Traverse City, left on S Madison St, property will be on your right Days On Market: 299 Days On MLS: 299 ECO Features: No Extras: Additional Buildings,Elevator Financing: Floor Type: Heating/Cooling: Natural Gas Heating/Cooling Type: Forced Air,Central Air Included In Rent: Inventory Included: No Licenses: None Location: Corner Lot,Freestanding Lot: Miscellaneous: Documents: Possession: At Closing,Subject to Tenants Rights Property Status: Active Real Estate Included: Yes Remodeled: Road Frontage: Public Maintained,Blacktop Roofing: Membrane For Sale Or Lease: For Sale For Sale Or Rent: For Sale Special Assessment: Township: Traverse City Vacant: No Waste: Water: Municipal Water Year Built: 1955 Zoning: Multi-Family,Office,Other,Commercial,Planned Unit Development Listing courtesy of Coldwell Banker Schmidt Traverse City 402 E Front Street ,
Traverse City, MI 49686 |
