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Price: $ 2,350,000.00Listing # 1922252 Address 224 Circle Drive City: Traverse City State: MI Zip: 49684 Square Ft.: 17540 Acres: 1.36
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.
Basic Features: Acres: 1.36 Area: Grand Traverse Neighborhood: Type: Office Square Ft: 17540
Additional Features: Basement: Block Business Included: No Business Name: N/A Construction: Block Current Zoning: Multi-Family,Office,Other,Commercial,Planned Unit Development Deeded Water: No Dimensions: irregular Directions: West on Front St from Downtown Traverse City, left on S Madison St, 224 Circle Dr will be on your right and parking lot parcel will be on your left Days On Market: 209 Days On MLS: 209 ECO Features: No Extras: Additional Buildings,Elevator Financing: Floor Type: Heating/Cooling: Natural Gas Heating/Cooling Type: Forced Air,Central Air Included In Rent: Inventory Included: No Licenses: None Location: Corner Lot,Freestanding Lot: Miscellaneous: Documents: Possession: At Closing,Negotiable Property Status: Active Real Estate Included: Remodeled: Road Frontage: Public Maintained,Blacktop Roofing: Membrane For Sale Or Lease: For Sale For Sale Or Rent: For Sale Special Assessment: Township: Traverse City Vacant: No Waste: Water: Municipal Water Year Built: 1955 Zoning: Multi-Family,Office,Other,Commercial,Planned Unit Development Listing courtesy of Coldwell Banker Schmidt Traverse City 402 E Front Street ,
Traverse City, MI 49686 |