Residential Land for Sale in Traverse City, Michigan

103 S Madison St Traverse City, MI 49684

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$500,000
0.45 acres
Active sale agoEst $3,584/mo

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.

Property details

Coordinates
44.7633, -85.6425
Community
Traverse City
Elevation
620 feet
Date Posted

Parcels

  • 51-758-026-00

This 0.45-acre property is located at 103 S Madison St in Traverse City, MI 49684 with latitude 44.7633 and longitude -85.6425. The property is currently available for sale for $500,000 with a price per acre of $1,111,111.

Verify sale details at the property source or contact Schmidt Realtors at (866) 603-5140.

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Copyright (C) 2024 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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