103 Madison Street

Price: $ 500,000.00

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.

Basic Features:

Listing # 1919310
City: Traverse City
State: MI
Zip: 49684
Area: Grand Traverse
Neighborhood:
Acres: 0.45
Square Ft: 0

Additional Features:
Basement: None Location: Freestanding,Other
Business Included: No Lot:
Business Name: N/A Miscellaneous:
Construction: None Documents:
Zoning: Residential,Multi-Family,Office,Commercial,Special Use Possession: At Closing,Negotiable
Deeded Water: No Property Status: Active
Dimensions: approx 182' x 107' Real Estate Included:
Directions: West on Front St from Downtown Traverse City, left on S Madison St, property will be on your left Remodeled:
Days On Market: 88 Road Frontage: Public Maintained,Blacktop
Days On MLS: 88 Roofing: None
ECO Features: No For Sale Or Lease: For Sale
Extras: Other For Sale Or Rent: For Sale
Financing: Special Assessment:
Floor Type: Township: Traverse City
Heating/Cooling: None Vacant: Yes
Heating/Cooling Type: None Water:
Inventory Included: No Year Built: 0
Licenses: None  

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