224 Circle Drive

Price: $ 2,200,000.00
Square Ft.: 17540
Price/SQFT: $ 125.43

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. Featuring over 17,500 SF 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:

Listing # 1919308
City: Traverse City
State: MI
Zip: 49684
Area: Grand Traverse
Neighborhood:
Acres: 0.91
Square Ft: 17540

Additional Features:
Basement: Block Location: Corner Lot,Freestanding
Business Included: No Lot:
Business Name: N/A Miscellaneous:
Construction: Block Documents:
Zoning: Multi-Family,Office,Other,Commercial,Planned Unit Development Possession: At Closing,Subject to Tenants Rights
Deeded Water: No Property Status: Active
Dimensions: irregular Real Estate Included: Yes
Directions: West on Front St from Downtown Traverse City, left on S Madison St, property will be on your right Remodeled:
Days On Market: 85 Road Frontage: Public Maintained,Blacktop
Days On MLS: 85 Roofing: Membrane
ECO Features: No For Sale Or Lease: For Sale
Extras: Additional Buildings,Elevator For Sale Or Rent: For Sale
Financing: Special Assessment:
Floor Type: Township: Traverse City
Heating/Cooling: Natural Gas Vacant: No
Heating/Cooling Type: Forced Air,Central Air Water:
Inventory Included: No Year Built: 1955
Licenses: None  

Listing courtesy of Coldwell Banker Schmidt-522
522 E Front St , Traverse City , MI 49686