$ 500,000
103 S Madison Street Traverse City, MI 49684
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$ 500,000
Est. payment | /mo
0.45 Acres Lot
$ 500,000
Est. payment | /mo
0.45 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 78080014679
Originating Board Aspire North REALTORS®
Annual Tax Amount $5,502
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions approx 182' x 107'
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.
Location
State MI
County Grand Traverse
Area Traverse City
Zoning Commercial,Multi-Family,Office,Residential
Exterior
Waterfront no
Road Frontage Pub. Sidewalk
Building
Sewer Other/None
Water None
Schools
School District Traverse City
Others
Tax ID 285175802600
Ownership Corporate/Relocation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Listed by Alex MacKenzie of Coldwell Banker Schmidt-402