Active
224 Circle Drive
Traverse City MI, 49684
$1,850,000
$105.47 per sqft
Active
10 Baths
17,540 sqft
Commercial
Built in 1955
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.
1919308
MLSⓇ ID
February 14, 2024
Listed
October 14, 2024
Updated
Map
224 Circle Drive
Traverse City MI, 49684
Interior Features
Total Bathrooms
10
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.91 Acres
Lot Features
Corner Lot, Freestanding
Roof
Membrane
Sewer
Public Sewer
Other Property Details
Taxes
$50,197
Tax Frequency
Annually
Days on Market
218
Association Fee Frequency
Yearly
Garage
No
Parking
Parking Lot
Parking Total
42
View
No
County
Grand Traverse
Municipality
Traverse City
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
8/6/2024 | Price change | $1,850,000 -16% |
Listed by with Coldwell Banker Schmidt Traverse City
Listing Contact:
The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 10/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Northern Great Lakes REALTORS® MLS all rights reserved.
Data last updated on 10/14/2024 at 5:15 PM UTC