MI > Grand Traverse > Traverse City > 110 S Madison Street
  • MLS# 1919099
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Great opportunity to purchase this prime office building located next 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 built out as a medical office, and is perfect for continued medical use, professional office, multi-family redevelopment, or any number of other options allowed under the coveted H-1 zoning. The first floor of the building features numerous individual 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.

Property Information

Status
Contingency [?]
Address
110 S Madison Street 
City
Traverse City 
Zip
49684 
Year Built
1956 
Listing Date
02/05/2024 
List Price
$619,900
County
Grand Traverse 
Above Grade SqFt
2,504 
Possession
At Closing 
Parking
Parking Lot 
Price/SqFt
247.56 

Taxes

Summer Taxes
$12,442 
Winter Taxes
$1,014 

Features

Current Use
Medical/Dental,Office Building 
Features
Phone System 
Zoning
Commercial, Multi-Family, Office, Other, Planned Unit Development 
Water
Municipal Water 
Sub Property Type
Office 
Licenses
None 
Exterior Features
Brick 
Cooling
Forced Air, Natural Gas 
Heating
Forced Air, Natural Gas 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1919099 Contingency Active Mar 31 2025 12:46PM 466
1919099 Oct 22 2024 11:15AM $619,900 $649,000 466
1919099 Sep 9 2024 10:58AM $649,000 $690,000 466
1919099 Jul 10 2024 11:15AM $690,000 $725,000 466
1919099 May 13 2024 9:29AM $725,000 $750,000 466
1919099 Active Feb 5 2024 3:46PM $750,000 466
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Max Broock and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

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Listing Courtesy of Coldwell Banker Schmidt Traver
Office Address 402 E Front Street

110 S Madison Street Traverse City
Contact us
$619,900
For Sale • Acres: 0.3 • Zoning: Multi-Family,Office,Other,Commercial,Planned Unit Development