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Traverse City,MI 49684
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 17,540 sqft
Price per Sqft $133
Subdivision Milliken Medical Building
MLS Listing ID 78080017603
Originating Board Aspire North REALTORS®
Year Built 1955
Lot Size 1.360 Acres
Acres 1.36
Lot Dimensions irregular
Property Description
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, with an additional 0.45 acre parking lot parcel right down the street included as well (1.36 acres in total). 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 two large parking lots accommodating up to 84 vehicles in total between two parcels. Two separate basements total an additional 9,000 SF providing great storage space.
Location
State MI
County Grand Traverse
Area Traverse City
Zoning Commercial,Multi-Family,Office,Other
Interior
Heating Forced Air,Central Air
Heat Source Natural Gas
Exterior
Utilities Available Elevator
Waterfront no
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Block/Concrete/Masonry,Stucco
Schools
School District Traverse City
Others
Tax ID 51-866-020-00&758-026-00
Ownership Corporate/Relocation
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings