224 Circle Drive Traverse City, MI 49684

Property Description

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. Featuring over 17,500 SF 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

Current Price$3,750,000.00
Sq. Ft.17,540 ft²
Lot Size0.91 acres

Details

Listing StatusActive
Year Built1,955

Financial Data

Current Price$3,750,000.00
Original Price$3,750,000.00
Property Taxes$50,197.00

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Fred Schmidt
Broker
Michigan | Ohio | Florida | St Croix

    Additional Information

    CityTraverse City
    StateMI
    CountyGrand Traverse
    MLS ID1919308
    WaterfrontNo
    BrokerageColdwell Banker Schmidt-522
    522 E Front St Traverse City MI 49686