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$26
2,874 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active Under Contract
Purchase Type For Rent
Square Footage 2,874 sqft
Municipality Traverse City
Subdivision Traverse City
MLS Listing ID 80053173
Year Built 1962
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Industrial
Source MiRealSource
Property Description
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.
Location
State MI
County Grand Traverse County
Zoning Other
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Structure Type Wood Siding,Stone
Read Less Info
Listed by Three West, LLC