Remarks

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.

Details

MLS#: 1929765
Price: $26

Style: Medical/Dental,Office Building,Other
Sq Ft: 2874
Year Built: 1962

County: Grand Traverse
Lot Size: 0.47