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$8,500,000
64 Days On Site

461 Munson Avenue
Traverse City, MI 49686

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
32,711
SqFt
$260
/SqFt
1995
Built
Subdivision:
Traverse Victorian Hotel
County:
Grand Traverse
Call Now: 586-242-5838
Is this the home for you? We can help make it yours.
586-242-5838
461 Munson Avenue461 Munson Avenue461 Munson Avenue461 Munson Avenue
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Monthly Payment (Est.)

$38,780
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

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 originally developed as a hotel (with 70 units), 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 seven 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!

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Listing Snapshot
Price 
$8,500,000
Days On Site 
64 Days
Bedrooms 
N/A
Inside Area (SqFt) 
32,711 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.87 Acres
Year Built 
1995
MLS® Number 
78080050196
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen online
2 months agoListing updated with changes from the MLS®
General Features
Acres 
1.87
SqFt Total 
32711
Zoning 
Commercial
Interior Features
Heating 
Electric
Interior 
Elevator
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Exterior Features
Construction Details 
Vinyl Siding
Community Features
MLS Area 
Traverse City
School District 
Traverse City
Schools
School District
Traverse City
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of REO-TCRandolph-233022: 2317144787



IDX provided courtesy of Realcomp II Ltd. via Aspire North REALTORS®. Copyright © 2024 Realcomp II Ltd. Shareholders.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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