5123 N Royale Drive Active

Traverse City,MI 49684

$ 1499000

- Bed

- Bath

11486 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 11,486 sqft

Price per Sqft $130

Subdivision Mi

MLS Listing ID 80015057

Year Built 1994

Lot Size 1.200 Acres

Acres 1.2

Lot Dimensions 182x287

Property Description

Medical Office Building - 11,486 Sq/Ft. Main Level is 6,187 Sq/Ft. Walkout Lower Level is 5,299 Sq/Ft and Features a Large Open Area w/Picture Windows providing lots of natural light. Excellent for Physical Therapy, Patient Assessments, Gym Related Activities! Current tenant (month to month) is utilizing the lower level (some lab space), and approx. 2/3's of the main floor. The owner is using approx. 1/3 of the main floor & shared common areas. Owner leaseback is negotiable or buyer could use the entire building if needed. Many individual offices of various sizes. Close to Munson Hospital surrounded by a variety of Medical Practices.

Location

State MI

County Grand Traverse

Area Garfield Twp (28005)

Zoning Professional Office

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Garage 11-20 Spaces,21+ Spaces,Parking Lot

Roof Type Asphalt

Building

Foundation Basement

Water Public Water

Structure Type Brick,Frame

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Commercial Loan,Conventional

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