103 S Madison Street, Traverse City, MI 49684
- $500,000
- Sold Price
- $500,000
- List Price
- $500,000
- Closing Date
- Feb 28, 2025
- Days on Market
- 336
- Status
- SOLD IN HOUSE
- MLS#
- 1919309
- Lot Size (Acres)
- 0.45
Property 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.
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Additional Information
- Building Name
- N/A
- Taxes
- $5,502
- Amenities
- None
- Exterior Features
- Sidewalks, Other
- Utilities
- Cable Internet, Cable Available, Electricity Available, Natural Gas Available, Phone Available
- Water
- Public, None
- Sewer
- Public Sewer, None
- School District
- Traverse City Area Public Schools
Mortgage Calculator
Listing Courtesy of Coldwell Banker Schmidt Traverse City. 231-922-2350
Selling Office: Coldwell Banker Schmidt Traverse City.