Back
Share |

Price: $ 2,350,000.00

Listing # 1922252

Address 224 Circle Drive

City: Traverse City

State: MI

Zip: 49684

Square Ft.: 17540

Acres: 1.36

 

View Map

Request Information

 


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