461 Munson Avenue Traverse City, MI 49686
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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!
- Property TypeCommercial
- NeighborhoodN/A
- CountyN/A
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site0 Days
- MLS StatusActive
- MLS ID Number1926706
- Home Size Source N/A
- Year BuiltN/A
- Lot Size1.87 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Frame
- Building Features Security SystemElevator
- Parking Parking Lot
- Parking Spaces 70
- Sewer Public Sewer
- Basement Poured Concrete
- Acreage 1.87
- Zoning Commercial
Interior Features
- Cooling ElectricDuctless A/ C
- Heating ElectricNatural GasForced AirWall
Exterior Features
- Roof Asphalt
- Lot Corner LotFreestanding
Community Features
- Township Traverse City
- MLS Area Grand Traverse
- Building Features Security SystemElevator