Homes for sale - 224 Circle Drive, Traverse City, MI 49684

Traverse City, MI 49684,224 Circle Drive

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Chris Lynn

chris@sellsmihomes.com +1(248) 914-7228

$2,350,000

Est. payment - /mo

17,540 SqFt

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UPDATED:

09/19/2024 04:31 PM

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

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Listed by Alex MacKenzie of Coldwell Banker Schmidt-402

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Chris Lynn

+1(248) 914-7228

Agent | License ID: 6501380823

Agent License ID: 6501380823

224 Circle Drive Traverse City, MI 49684

Chris Lynn

Chris Lynn

Key Details

Location

Interior

Exterior

Building

Schools

Others

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224 Circle Drive

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