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103 Madison St
Traverse City, MI 49684
Development Lot · Land For Sale · 0.45 AC

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EXECUTIVE SUMMARY

Prime downtown development parcel off Front Street near Munson Hospital. 0.45 acre lot has 108' on Madison and is 182' deep. Perfect site for multi-family, condos, medical, office, or mixed-use. Zoning is H-1 and municipal water & sewer are available. 224 Circle Drive across the street is also available for sale and development.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Healthcare
  • Hospital
  • Motel
  • Parking Garage
  • Parking Lot
  • Rehabilitation Center
  • Single Family Development
  • Single Family Residence
Total Lot Size 0.45 AC
Zoning H-1 - The H-1 and H-2, Hospital Districts are for the purpose of accommodating medical centers, hospitals and all their normally related functions.

1 LOT AVAILABLE

Lot

Price $600,000
Price Per AC $1,333,333.33
Lot Size 0.45 AC

Prime downtown development parcel off Front Street near Munson Hospital. 0.45 acre lot has 108' on Madison and is 182' deep. Perfect site for multi-family, condos, medical, office, or mixed-use. Zoning is H-1 and municipal water & sewer are available

DESCRIPTION

Prime downtown development parcel off Front Street near Munson Hospital. 0.45 acre lot has 108' on Madison and is 182' deep. Perfect site for multi-family, condos, medical, office, or mixed-use. Zoning is H-1 and municipal water & sewer are available. 224 Circle Drive across the street is also available for sale and development. Owner is a licensed real estate agent in the state of Michigan.

  • Listing ID: 35921332

  • Date on Market: 5/20/2025

  • Last Updated:

  • Address: 103 Madison St, Traverse City, MI 49684

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