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Don't have an account?Estimated Monthly Payment: $36,998.90
Edit mortgage details for a more accurate paymentRare 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, or to create something all their own. With a large commercial kitchen, huge dining room, many common lounges, on-site commercial laundry, 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!
$9,000,000.00
Estimated Monthly Payment: $36,998.90 (including taxes & insurance estimates)
Edit mortgage details for a more accurate paymentCity: Traverse City | Property Type: Commercial - Business | |
Subdivision: MI | Lot Size: 1.87 Acres | |
Status: Active | Year Built: 1995 | |
MLS#: 1902678 |
Property Type: Commercial - Business | Parking: Parking Lot | |
Basement: Poured Concrete | Present Use: None, Other | |
Business Included: No | Real Estate Included: Yes | |
Construction: Frame | Road: Public Maintained | |
Days on Market: 27 | Roof Type: Asphalt | |
Exterior: Vinyl | Sewer: Municipal | |
Heating/Cooling: Ductless A/C, Forced Air, Wall | Water: Municipal Water | |
Lot Dimensions: 1.87 Acre(s) | Waterfront Type: No | |
Lot Size: 1.87 Acres | Year 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