224 Circle Drive

About this listing

West on Front St from Downtown Traverse City, left on S Madison St, property will be on your right.

Opportunity to purchase a prime 0.91 acre lot zoned H1 in downtown Traverse City next to Munson Hospital for only $28/SF for the land. This would be a great redevelopment site for a mixed use project that could include medical office, apartments, condos, professional office and more. Or use the existing 17,500 SF medical building which being offered for less than $65/SF. Building has lots of curb appeal with its iconic rounded corners. The first floor of the building is approximately 12,000 SF in 2 suites and features numerous exam rooms & offices, waiting and reception areas, 6 restrooms, and a micro-courtyard in the center. The second floor is approximately 5,585 SF and features 4 medical office suites accessed by two elevators servicing the building. There are 2 basements with 9,000 SF of storage. The large parking lot accommodating up to 42 vehicles and an additional parking lot is available for purchase. Owner is real estate agent in the state of Michigan.