5123 N Royale Drive, Traverse City, MI

$1,499,000

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4

Baths

11,486

Square feet

1.20

Acres

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® # 1929654
Price $1,499,000
Bathrooms 4.00
Square Footage 11,486
Acres 1.20
Year Built 1994
Type Commercial
Sub-Type Office
Status Active

Community Information

Address 5123 N Royale Drive
Subdivision West Traverse Office Plaza
City Traverse City
County Grand Traverse
State MI
Zip Code 49684

Amenities

Parking Spaces 20
Parking Paved, Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Has Basement Yes
Basement Full, Walk-Out Access, Finished Rooms, Exterior Entry, Interior Entry
Fireplace No

Exterior

Lot Description Freestanding
Roof Asphalt
Construction Brick, Frame

Additional Information

Days on Market 363
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeFive Star Real Estate - Front St TC

Listing Map

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