MI > Traverse City > Mi
Traverse City, MI 49686,461 Munson Avenue
Traverse City, MI 49686,461 Munson Avenue
Traverse City, MI 49686,461 Munson Avenue
Traverse City, MI 49686,461 Munson Avenue
Traverse City, MI 49686,461 Munson Avenue
Traverse City, MI 49686,461 Munson Avenue
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Jackie Jones Kapuscinski

Jackie Jones Kapuscinski

Serenity Realty

+1(419) 260-2806
$ 8,500,000
Est. payment | /mo

32,711 SqFt

Save
$ 8,500,000
Est. payment | /mo
Save

32,711 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 32,711 sqft

Price per Sqft $259

Subdivision Mi

MLS Listing ID 80053312

Year Built 1995

Lot Size 1.870 Acres

Acres 1.87

Lot Dimensions Irregular

Property Sub-Type Business

Property Description

Rare opportunity in downtown Traverse city, with commercial HR zoning, a large 63 unit building and a large property - a block from the public beach! This property was originally developed as a hotel (with 70 units), operated as senior living for many years, and is now ready for a new owner to create apartments, condos, operate as a hotel or long term care facility, or to create something all their own. With a large commercial kitchen, huge dining room, many common lounges, on-site commercial laundry, fiber optic internet installed and ready, a lovely back patio, expansive grounds and nicely outfitted units, this property has many things going well! There is potential to easily add up to seven additional units within the current building, and the property and building size could allow for added amenities too. This is an exciting property - bring your creativity!

Location

State MI

County Grand Traverse

Area Traverse City (28021)

Zoning Commercial

Interior

Heating Wall Heat, Forced Air

Cooling Wall/Window A/C

Exterior

Parking Features 21+ Spaces, Parking Lot

Roof Type Asphalt

Building

Water Public Water

Structure Type Frame,Vinyl Siding

Others

Ownership Private

Energy Description Electric,Natural Gas

Financing Cash,Commercial Loan,Exchange/Trade

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by REO-TCRandolph-233022
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(419) 260-2806

jackie@jackiejonesrealtor.com

1910 IndianWood Circle, Maumee, OH, 43537

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461 Munson Avenue