$8,500,000 |
MLS | 78080013325 | |
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Contact Knockout Real Estate ~ 989-652-6300 ~ rachel@koagents.com 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! Warning: Undefined variable $citylimit in /home/michidx/knockout.michiganidx.com/printcommercial.php on line 735 Warning: Undefined variable $frontage in /home/michidx/knockout.michiganidx.com/printcommercial.php on line 737 Warning: Undefined variable $school in /home/michidx/knockout.michiganidx.com/printcommercial.php on line 744 Warning: Undefined variable $road in /home/michidx/knockout.michiganidx.com/printcommercial.php on line 749 | |||
Price 8,500,000 | City Limits: | Frontage: | |
County: Grand Traverse | Type: Commercial | School: | |
Lake/River: | Road: | Lot Size: Irregular | |
Sewer: Public Sewer (Sewer-Sanitary) | Water: Public (Municipal) | Acres: | |
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Ttl Sqft: 32711 | Zoning: Commercial | Business Info. | |
Sale/Rent: | Township: | ||
Year Built: 1995 | County: Grand Traverse | ||
Lake/River: | Construction: Frame,Vinyl | ||
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Contact: Knockout Real Estate - 989-652-6300 |