431 Munson Avenue
Traverse City, MI 49686
MLS #1837666

Commercial
  • 9,067sq ft
$1,250,000
Est. P&I payment: $4774.15/mo
431 Munson Avenue, Traverse City, MI 49686
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Description for 431 Munson Avenue, Traverse City, MI 49686
Professional office building in a great location on Munson Ave. Offering easy access, great parking, visibility and signage. Currently there are 5 medical/dental suites in the building with 3 leased and 2 vacant. This is a great value add investment opportunity or long term redevelopment property. Parking is fantastic with 52 parking spaces (1 per 175 SF of space) on this 1.3 acre lot.
MLS #1837666
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My Notes for MLS #1837666

General Features

  • Property Type: Office
  • Total Finished SqFt: 9,067
  • Number of Acres: 1.3
  • Lot Dimensions: 234x200x180x350
  • Approx Year Built: 1976
  • Zoning: Office,​Commercial

Exterior Features

  • Vacant Land: No
  • Roof: Asphalt
  • Exterior Features: Wood
  • Parking: Paved,​Parking Lot

Utilities Features

  • Heating/Cooling Source: Natural Gas
  • Heating/Cooling Type: Forced Air,​Central Air
  • Water: Municipal Water
  • Sewer: Municipal

Financial Features

  • Sale/Rent: For Sale
  • Price Per SQFT: 137.86
  • Sale or Lease: For Sale
  • Type of Ownership: Private Owner
  • Variable Rate: No
  • Terms: Commercial Loan,​Cash,​1031 Exchange
  • Included in Lease: Building Insurance,​Exterior Maintenance,​Garbage Pickup,​Grounds Maintenance,​Snow Plowing,​Heating/Cooling,​Electric,​Management Fee,​Water,​Sewer,​Tax

Community Features

  • Development Name: NA

Misc Features

  • Deeded Waterfront: No
  • Business Name: NA
  • Year Remodeled: 2000
  • ECO Features: No
  • Business Included: No
  • Real Estate Included: Yes
  • Inventory Included: No
  • Present Use: Medical/Dental,​Office Building
  • Foundation: Partial
  • Possession: At Closing,​Subject to Tenants Rights
  • Construction: Frame

Location

 
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Directions to 431 Munson Avenue, Traverse City, MI 49686
On Munson Ave, next to Howard Johnson's and directly across the street from the Days Inn
Listing information for 431 Munson Avenue, Traverse City, MI 49686 was graciously provided by our friends at the listing brokerage, Coldwell Banker Schmidt-522 522 E Front St, Traverse City, MI 49686

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P&I Payment $4774.15
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Paramount's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Paramount, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
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Last Updated 12/18/2017 at 3:20am
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