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103 S Madison

Traverse City, MI 49684
  • $500,000
  • STATUS: Active
  • ON SITE: 153 Days
  • MLS #: 1919309
$500,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

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 #185177). 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.

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[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-07-16T23:51:45.847.
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103 S Madison Traverse City, MI 49684

  • Price: $500,000
  • Status: Active
  • On Site: 153 Days
  • MLS #: 1919309
0
Beds
0
Baths
0
½ Baths
0.45
Acres
Neighborhood:
N/A
County:
Grand Traverse
Area:
Traverse City (28021)
School District:
Traverse City Area Public School
Property Description
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 #185177). 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.
Exterior Features

Location Corner Lot Lot Description SidewalksCleared Lot Size approx 182' x 107' Water Features None Waterfront YN No

Property Features

Financial Terms CashConventional For Sale Or Rent For Sale Municipality Traverse City Ownership Corporation SEV 188200 Sev Year 2023 Sewer Septic None Summer Tax Year 2023 Survey On File YN No Total Tax Amount 5502.43 Type Vacant Land Water None Winter Tax Amount 414.68 Winter Tax Year 2023 Zoning Multi-FamilyProfessional OfficeCommercialResidential

Listing courtesy of Coldwell Banker Schmidt-522 : 231-929-2300.

Source MLS: MiRealSource
Originating MLS: Aspire North REALTORS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2024 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2024-07-16T23:51:45.847.
 
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The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507