About 224 Circle Drive
Unique opportunity to purchase the iconic Milliken Medical property located right next to Munson Medical Center in the heart of Traverse City's hospital district. Featuring over 17,500 SF on approximately 0.91 acres, this property is perfect for continued medical office use, multi-family redevelopment, or any number of other options allowed under the coveted H-1 zoning. The first floor of the building is approximately 11,955 SF and features numerous exam rooms & offices, waiting and reception areas, 6 restrooms, and a beautiful courtyard in the center of the building. The second floor is approximately 5,585 SF in total and features 4 medical office suites with a dedicated restroom in each suite. The membrane roof is approximately 5 years old. Two elevators servicing building and large parking lot accommodating up to 42 vehicles. Two separate basements total an additional 9,000 SF providing great storage space.
Features of 224 Circle Drive
| MLS® # | 1919308 |
|---|---|
| Price | $3,750,000 |
| Bathrooms | 10.00 |
| Square Footage | 17,540 |
| Acres | 0.91 |
| Year Built | 1955 |
| Type | Commercial |
| Sub-Type | Office, Commercial Sale |
| Status | Active |
| Association | Milliken Medical Building |
Community Information
| Address | 224 Circle Drive |
|---|---|
| Subdivision | Milliken Medical Building |
| City | Traverse City |
| County | Grand Traverse |
| State | Michigan |
| Zip Code | 49684 |
Amenities
| Utilities | WATER: Municipal Water SEWER: Municipal |
|---|---|
| Features | Additional Buildings, Elevator |
| Parking Spaces | 42 |
| Parking | Parking Lot |
| Is Waterfront | No |
Interior
| Heating | Natural Gas, Forced Air, Central Air |
|---|---|
| Has Basement | No |
| Basement | Block |
Exterior
| Exterior Features | Block, Stucco/Drivit, Other |
|---|---|
| Lot Description | irregular |
| Roof | Membrane |
| Construction | Block |
Additional Information
| Date Listed | February 14th, 2024 |
|---|---|
| Days on Market | 81 |
| Zoning | Multi-Family, Office, Other, Commercial, Planned Unit Development |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Schmidt-522 |
|---|