5123 N Royal Drive 5123 N Royal Dr Traverse City, MI 49684

204790983 44.76109 -85.65231 2311 /listing/204790983-151323589/5123-n-royal-drive-5123-n-royal-dr-traverse-city-mi-49684 False 0 1700000.0 11486 101 4 1845051 False
  • $1,700,000
  • 4 ba
  • 11,486 sqft
  • 1.20 lot
  • Est payment $9125.97/mo

Property Information

  1. 4 Baths
  2. 11,486 Sq. Ft.
  3. 1.20 Lot

Commercial in Traverse City

This Medical Related Office Building consist of 11,486 sq/ft of which 6,187 s/f on first floor and 5,299 s/f on lower walkout level. Currently, the Owner is occupying much of the upper level and Tenant is using the lower level plus part of first floor ( We have a floor plan showing details) Also , both occupants are sharing some common spaces.The Owner/Seller is willing to Lease back his space and or willing to vacate to a new location.This is a high quality office building in a super good medically related environment,near Munson Hospital, It is adaptable to many conventional office uses, lots of built ins, spacious offices ,regular sized offices and some large rooms.Excellent Opportunity for Owner occupied for part of space and grow into the remaining space or Consider Income Investment Opportunity.

Courtesy Of JAMES A SCHMUCKAL, 3347 S Airport Rd W

Main Features

  • Listing Status: Active
  • Year Built: 1994
  • County: Grand Traverse
  • Zoning: Office
  • Subdivision: West Traverse Plaza
  • MLS Number:1845051

Additional Features

  • Cooling/Heating:
    • Natural Gas
  • Extras:
    • None
  • Business Name:
    • Neuro-med
  • Construction:
    • Brick
    • Frame
  • Location:
    • Freestanding
  • Occupied:
    • Yes
  • Property Type:
    • Retail/Commercial
  • Residence:
    • No
  • Roof:
    • Asphalt
  • Basement:
    • Full Finished
  • Exterior:
    • Brick
  • Inventory Included:
    • No
  • Land:
    • No
  • Deeded Waterfront:
    • No
  • Parking:
    • Parking Lot
    • Paved
  • Parking Spaces:
    • 20
  • Heating/Cooling:
    • Central Air
    • Forced Air
  • Sewer:
    • Municipal
  • Access:
    • Blacktop
    • Public Maintained
  • Handicap Features:
    • Bathroom Sink
    • Covered Entrance
    • Hand Rails
    • Main Floor Access
    • No Steps Entry
  • Present Use:
    • Medical/Dental
    • Office Building
  • Water:
    • Municipal Water
  • Zoning:
    • Office
  • Documents On File:
    • None
  • Lease Includes:
    • Other
  • Legal Description:
    • Lot 4 West Traverse Office Plaza
  • License:
    • None
  • List Type (Exclusive):
    • Exclusive Right to Sell
  • Sale Includes Business:
    • No
  • Sale Includes Real Estate:
    • Yes
  • Terms:
    • Cash
    • Conventional Mortgage
    • Sale/Leaseback
  • Assessments:
    • No
  • Sign:
    • No
  • Special Conditions:
    • Corporate Owned
  • MLSSystem ID:
    • TAAR
  • Possession:
    • Negotiable
  • Total Acres:
    • 1.2
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
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5123 N Royal Drive 5123 N Royal Dr Traverse City, MI 49684

204790983 44.76109 -85.65231 2311 /listing/204790983-151323589/5123-n-royal-drive-5123-n-royal-dr-traverse-city-mi-49684 False 0 1700000.0 11486 101 4 1845051 False
  • $1,700,000
  • 4 ba
  • 11,486 sqft
  • 1.20 lot
  • Est payment $9125.97/mo