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461 Munson Avenue, Traverse City, MI 49686

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461 Munson Avenue, Traverse City, MI 49686
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Comments for 461 Munson Avenue, Traverse City, MI 49686

Rare opportunity in downtown Traverse city, with commercial HR zoning, a large 63 unit building and a large property - a block from the public beach! This property was developed as a hotel, operated as senior living for many years, and is now ready for a new owner to create apartments, condos, operate as a hotel or long term care facility, or to create something all their own. With a large commercial kitchen, huge dining room, many common lounges, on-site commercial laundry, fiber optic internet installed and ready, a lovely back patio, expansive grounds and nicely outfitted units, this property has many things going well! There is potential to easily add up to six additional units within the current building, and the property and building size could allow for added amenities too. This is an exciting property - bring your creativity!


Estimated Monthly Payment: $36,998.90 (including taxes & insurance estimates)

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Property Details

City: Traverse CityProperty Type: Commercial - Business
Subdivision: MILot Size: 1.87 Acres
Status: ActiveYear Built: 1995
MLS#: 1902678 

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Property Features

Property Type: Commercial - BusinessParking: Parking Lot
Basement: Poured ConcretePresent Use: Other, None
Business Included: NoReal Estate Included: Yes
Construction: FrameRoad: Public Maintained
Days on Market: 136Roof Type: Asphalt
Exterior: VinylSewer: Municipal
Heating/Cooling: Forced Air, Wall, Ductless A/CWater: Municipal Water
Lot Dimensions: 1.87 Acre(s)Waterfront Type: No
Lot Size: 1.87 AcresYear Built: 1995

Listed By

Agency Name: Homewaters, LLC
Agency Phone: 877-820-1194

Shown By

Agency Title: Remerica Real Estate
Agency Phone: 734-459-4500

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