MI > Grand Traverse > Traverse City > 224 Circle Drive

For Sale Contingency

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Traverse City, MI Learn More About Traverse City

49684 Market info

$1,850,000

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  • MLS# 1919308
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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.

Property Information

Status
Contingency [?]
Address
224 Circle Drive 
City
Traverse City 
Zip
49684 
Year Built
1955 
Listing Date
02/14/2024 
List Price
$1,850,000
County
Grand Traverse 
Above Grade SqFt
17,540 
Possession
At Closing,Subj 
Parking
Parking Lot 
Price/SqFt
105.47 

Taxes

Summer Taxes
$46,414 
Winter Taxes
$3,783 

Features

Current Use
Medical/Dental,Office Building 
Features
Additional Buildings, Elevator 
Zoning
Commercial, Multi-Family, Office, Other, Planned Unit Development 
Water
Municipal Water 
Sub Property Type
Office 
Licenses
None 
Exterior Features
Block, Other, Stucco/Drivit 
Cooling
Central Air, Forced Air, Natural Gas 
Heating
Central Air, Forced Air, Natural Gas 

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  • Market Statistics
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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
1919308 Contingency Active Jan 15 2025 2:16PM 369
1919308 Aug 6 2024 10:27AM $1,850,000 $2,200,000 369
1919308 May 6 2024 8:16PM $2,200,000 $3,750,000 369
1919308 Active Feb 14 2024 2:34PM $3,750,000 369
1852655 Withdrawn Active Feb 14 2019 4:45PM 157
1852655 Active Sep 11 2018 4:04PM $9,881 157
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

MITAAR Logo

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

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Our Michigan real estate agents can answer all of your questions about 224 Circle Drive, Traverse City MI 49684. Real Estate One, Max Broock Realtors, and J&J Realtors are part of the Real Estate One Family of Companies and dominate the Traverse City, Michigan real estate market. To sell or buy a home in Traverse City, Michigan, contact our real estate agents as we know the Traverse City, Michigan real estate market better than anyone with over 100 years of experience in Traverse City, Michigan real estate for sale.

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224 Circle Drive Traverse City
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$1,850,000
For Sale • Acres: 0.91 • Zoning: Multi-Family,Office,Other,Commercial,Planned Unit Development