Under contract
Active U/C Taking Backups
103 S Madison Street
Traverse City MI, 49684
$500,000
$25.51 per sqft
Under contract
Active U/C Taking Backups
0.45 Acres
Land
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.
1919309
MLSⓇ ID
February 14, 2024
Listed
January 15, 2025
Updated
Map
103 S Madison Street
Traverse City MI, 49684
Exterior/Building Features
Lot Size
0.45 Acres
Exterior Features
Sidewalks, Other
Lot Features
Level, Cleared, Corner Lot
Sewer
Public Sewer, None
School Information
School District
Traverse City Area Public Schools
Other Property Details
Taxes
$5,502
Tax Frequency
Annually
Days on Market
336
Association Fee Frequency
Yearly
Garage
No
View
No
County
Grand Traverse
Municipality
Traverse City
Water Source
Public, None
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
1/15/2025 | Under contract | — |
Listed by with Coldwell Banker Schmidt Traverse City
Listing Contact:
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Data last updated on 1/15/2025 at 7:47 PM UTC