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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, 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)

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Property Details

City: Traverse CityProperty Type: Multi Unit - Multiple
Subdivision: MILot Size: 1.87 Acres
School District: Traverse City Area Public SchoolStatus: Active
Year Built: 1995MLS#: 1902747

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Property Features

Property Type: Multi Unit - MultipleLot Dimensions: 1.87 Acre(s)
Basement: Poured ConcreteLot Size: 1.87 Acres
Construction: FrameOutbuilding(s): Yes
Days on Market: 25Road: Public Maintained, Concrete
Exterior: Fenced Yard, Patio, Handicap Access, GuttersRoof Type: Asphalt
Fenced: YesSewer: Municipal
Garage/Parking: DetachedWater: Municipal
Heating/Cooling: Forced Air, Ductless A/CWaterfront Type: No
Heating/Cooling Source: Natural GasYear Built: 1995
Home Style: 2 Story, 2 StoryYear Remodeled: 2013
Interior: Handicap Access/Equipment 

School Information

School District: Traverse City Area Public School

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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