$6,800,000
$6,890,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
40,505 SqFt
SOLD DATE : 02/10/2022
Key Details
Sold Price $6,800,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 40,505 sqft
Price per Sqft $167
Subdivision Professional Terrace
MLS Listing ID 78001329128
Sold Date 02/10/22
Originating Board Aspire North REALTORS®
Year Built 1977
Lot Size 5.310 Acres
Acres 5.31
Lot Dimensions IRREGULAR
Property Description
PROFESSIONAL TERRACE - For Sale - Medical Office Building Adjacent to Munson Medical Center in Traverse City. Multiple Medical Practices with Long Term Leases. Brick Building with Class A Office Finishes is 40,505 Square Feet on a 5.31 Acre Parcel Adjacent to the Regional Medical Center. Excellent Investment Opportunity with Long Term Tenants. Extensive Continual Upkeep and Remodeling Contributing to a First Class Office Building in an Excellent Location for Medical Office Use. Numerous Offices, Exam Rooms, Nurse Stations, Waiting Areas, etc. Many Major Improvements over the past 7 years!
Location
State MI
County Grand Traverse
Area Garfield Twp
Zoning Commercial
Interior
Heating Central Air
Heat Source Natural Gas, Other
Exterior
Utilities Available Elevator
Accessibility Disabled Access
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Well (Existing)
Structure Type Block/Concrete/Masonry,Brick,Steel
Schools
School District Traverse City
Others
Tax ID 0500402700
Ownership Private Owned
Acceptable Financing Cash, Other, Trade/Exchange
Listing Terms Cash, Other, Trade/Exchange
Financing Cash,Other,Trade/Exchange
Special Listing Condition Unknown/Data Share Listings
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