461 Munson Avenue, Traverse City, Michigan


Previous Next


Square feet



About 461 Munson Avenue

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!

Features of 461 Munson Avenue

MLS® # 1915327
Price $8,900,000
Bathrooms 0.00
Square Footage 32,711
Acres 1.87
Year Built 1995
Type Commercial
Sub-Type Hospitality, Commercial Sale
Status Active
Association Traverse Victorian Hotel

Community Information

Address 461 Munson Avenue
Subdivision Traverse Victorian Hotel
City Traverse City
County Grand Traverse
State Michigan
Zip Code 49686


Utilities WATER: Municipal Water SEWER: Municipal
Features Security System, Elevator
Parking Spaces 70
Parking Parking Lot
Is Waterfront No


Heating Natural Gas, Electric, Forced Air, Wall, Ductless A/C
Has Basement No
Basement Poured Concrete


Exterior Features Vinyl
Lot Description Irregular
Roof Asphalt
Construction Frame

Additional Information

Date Listed September 5th, 2023
Days on Market 19
Zoning Commercial
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHomewaters, LLC

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?