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S Madison Street

$500,000

S Madison Street, Traverse City, MI 49684

Pending
Last Updated: 02/08/2025

0.45 acres

Lot Area

1919309

MlsNumber

Details:
Lot Area:    0.45 acres
MlsNumber:    1919309
Highlights:
  • Annual Tax: $ 5502.43
  • Water: No Water
  • Lot Description: Corner
  • Exterior: Sidewalk
  • Pre Wiring: Phone Jacks
Description:

West on Front St from Downtown Traverse City, left on S Madison St, property will be on your left

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.

Map:
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