MI > Traverse City > Mi
Traverse City, MI 49684,224 Circle Drive
Traverse City, MI 49684,224 Circle Drive
Traverse City, MI 49684,224 Circle Drive
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Listed by Alex MacKenzie • Coldwell Banker Schmidt Traverse City
$1,850,000
Est. payment /mo
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17,540 SqFt
Contingency

224 Circle Drive Traverse City, MI 49684

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Epique Realty

Epique Realty

+1(512) 387-0722

UPDATED:

02/07/2025 02:51 PM

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

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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224 Circle Drive