110 S Madison Street Traverse City, MI ^$ 725,000

110 S Madison Street

^$ 725,000

Back to search

110 S Madison Street

Traverse City, MI, 49684

^$ 725,000

Studio Baths0.0 Sq 2,504

Monthly Estimate*

^$ 5,064

110 S Madison Street, Traverse City, MI 49684 - Image 1

110 S Madison Street, Traverse City, MI 49684 - Image 2

110 S Madison Street, Traverse City, MI 49684 - Image 3

110 S Madison Street, Traverse City, MI 49684 - Image 4

110 S Madison Street, Traverse City, MI 49684 - Image 5

110 S Madison Street, Traverse City, MI 49684 - Image 6

110 S Madison Street, Traverse City, MI 49684 - Image 7

110 S Madison Street, Traverse City, MI 49684 - Image 8

110 S Madison Street, Traverse City, MI 49684 - Image 9

110 S Madison Street, Traverse City, MI 49684 - Image 10

110 S Madison Street, Traverse City, MI 49684 - Image 11

110 S Madison Street, Traverse City, MI 49684 - Image 12

110 S Madison Street, Traverse City, MI 49684 - Image 13

110 S Madison Street, Traverse City, MI 49684 - Image 14

110 S Madison Street, Traverse City, MI 49684 - Image 15

110 S Madison Street, Traverse City, MI 49684 - Image 16

110 S Madison Street, Traverse City, MI 49684 - Image 17

110 S Madison Street, Traverse City, MI 49684 - Image 18

110 S Madison Street, Traverse City, MI 49684 - Image 19

110 S Madison Street, Traverse City, MI 49684 - Image 20

110 S Madison Street, Traverse City, MI 49684 - Image 21

110 S Madison Street, Traverse City, MI 49684 - Image 22

110 S Madison Street, Traverse City, MI 49684 - Image 23

110 S Madison Street, Traverse City, MI 49684 - Image 24

110 S Madison Street, Traverse City, MI 49684 - Image 25

110 S Madison Street, Traverse City, MI 49684 - Image 26

Studio

Commercial Property for sale in Traverse City, MI

for $725,000. This 2,504 square foot building was built in 1956 on a lot size of 0.3.

Great opportunity to purchase this solid medical office property located in close proximity to Munson Medical Center in the heart of Traverse City's hospital district. Featuring over 2,500 SF on approximately 0.3 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 features numerous exam rooms & offices, a waiting and reception area, and 2 restrooms. The unfinished basement is approximately 900 SF in total and features a bathroom and plenty of storage space. The parking lot can accommodate up to 13 vehicles.

Commercial Active

Price

^$ 725,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Office

Lot Size

0.3

Year Built

1956

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1919099

Features

General

Roof Membrane

Zoning Multi-Family Office Other Commercial Planned Unit Development

Sewer Municipal

Construction Brick Block

Interior

Basement Block

Exterior

Exterior Features Brick

* Excluded Features

List By

Coldwell Banker Schmidt-522

Broker

(231) 499-0529

Phone

Affordability Calculator

$5,064

Per Month

Monthly Principal & Interest: $5,064
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Traverse City, MI

Average List Price ^$599,568

Percent of Sale Price 17%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2034270 Elementary School

2034440 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/13/2024	$725,000	-3.33%	Price Down
2/5/2024	$750,000		Listed Price

Map

More homes like this one

homes for you

See all

110 S Madison Street, Traverse City, MI, 49684 is a Commercial Property for sale at $725,000 with 2,504 sqft and a lot size of 0.3. 110 S Madison Street is a studio with 0.0 baths and was built in 1956. The property's zip code is 49684 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern Great Lakes REALTORS® MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

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 is updated as of 5/19/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

110 S Madison Street

Commercial Property for sale in Traverse City, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home