About 5123 N Royale Drive
Medical Office Building - 11,486 Sq/Ft. Main Level is 6,187 Sq/Ft. Walkout Lower Level is 5,299 Sq/Ft and Features a Large Open Area w/Picture Windows providing lots of natural light. Excellent for Physical Therapy, Patient Assessments, Gym Related Activities! Current tenant (month to month) is utilizing the lower level (some lab space), and approx. 2/3's of the main floor. The owner is using approx. 1/3 of the main floor & shared common areas. Owner leaseback is negotiable or buyer could use the entire building if needed. Many individual offices of various sizes. Close to Munson Hospital surrounded by a variety of Medical Practices.
Features of 5123 N Royale Drive
| MLS® # | 1919691 |
|---|---|
| Price | $1,595,000 |
| Bathrooms | 4.00 |
| Square Footage | 11,486 |
| Acres | 1.20 |
| Year Built | 1994 |
| Type | Commercial |
| Sub-Type | Office, Commercial Sale |
| Status | Active |
| Association | West Traverse Office Plaza |
Community Information
| Address | 5123 N Royale Drive |
|---|---|
| Subdivision | West Traverse Office Plaza |
| City | Traverse City |
| County | Grand Traverse |
| State | Michigan |
| Zip Code | 49684 |
Amenities
| Utilities | WATER: Municipal Water SEWER: Municipal |
|---|---|
| Features | Phone System, Other, Elevator |
| Parking Spaces | 20 |
| Parking | Paved, Parking Lot |
| Is Waterfront | No |
Interior
| Heating | Natural Gas, Forced Air, Central Air |
|---|---|
| Has Basement | Yes |
| Basement | Full, Walkout, Finished Rooms, Entrance Outside, Entrance Inside |
Exterior
| Exterior Features | Brick |
|---|---|
| Lot Description | 182x287 |
| Roof | Asphalt |
| Construction | Brick, Frame |
Additional Information
| Date Listed | February 28th, 2024 |
|---|---|
| Days on Market | 80 |
| Zoning | Office |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Five Star Real Estate - Front St TC |
|---|