224 Circle Drive Save Request In-Person Tour Request Virtual Tour
Traverse City,MI 49684
Key Details
Property Type Commercial
Sub Type Office
Listing Status Contingency
Purchase Type For Sale
Square Footage 17,540 sqft
Price per Sqft $105
Subdivision Mi
MLS Listing ID 1919308
Year Built 1955
Lot Size 0.910 Acres
Acres 0.91
Lot Dimensions irregular
Property Description
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. 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 large parking lot accommodating up to 42 vehicles. Two separate basements total an additional 9,000 SF providing great storage space.
Location
State MI
County Grand Traverse
Zoning Multi-Family,Office,Other,Commercial,Planned Unit Development
Rooms
Basement Block
Interior
Heating Forced Air,Central Air
Cooling Forced Air,Central Air
Exterior
Exterior Feature Block,Stucco/Drivit,Other
Roof Type Membrane
Present Use Medical/Dental,Office Building
Road Frontage Public Maintained,Blacktop
Total Parking Spaces 42
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 28-51-866-020-00
Ownership Corporate Owned
Acceptable Financing Conventional Mortgage,Cash,Other
Listing Terms Conventional Mortgage,Cash,Other