103 S Madison Street Traverse City, MI 49684

Active (282 Days)

$500,000

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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.

MLS #:
80014679

Taxes
$5,502

Lot Size
0.45 acres

Type
Single-Family Home

School District
Traverse City Area Public Schools

County
Grand Traverse County

Listed By

Alex Mackenzie, Coldwell Banker Schmidt-402

Source
MIREALSOURCE
Last checked Nov 23 2024 at 5:59 AM GMT+0000

Bathroom Details

Lot Information

Sidewalks
Cleared
Corner Lot

Utility Information

Utilities: Cable Available, Phone Available, Water Available, Electricity Available, Natural Gas Available, Sewer Available
Sewer: None

Location

Map View | Street View

Listing to Address

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Disclaimer: Copyright 2023 MiRealSource, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 7/20/23 10:38

Coldwell Banker^® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Schmidt Real Estate, LLC fully support the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC or any of its affiliated companies. All information, including concessions for agent commissions, are presented as an invitation to submit an offer only, and must be included in the purchase agreement.