Great location for residential housing and already approved for 19 units as a P.U.D. Phase 1 & 2 of this development were completed in 2017 and the last condominium unit was sold in 2024. Phase 3 is the remaining 1.9 acres and it is ready to go for the next developer. Roads have been installed and access to sewer, water, cherryland electric and DTE gas are run to the property. Approved for 9 duplex units and 1 single family home. Great views of town from the top of the hill and 5 minutes to Munson hospital, downtown, Meijer, shopping and GT Mall.
Listing Courtesy of NORTHERN GREAT LAKES / Coldwell Banker Schmidt Realtors / Daniel "Dan" Stiebel
$600,000 (USD)
Traverse City Area Land
Active
103 S Madison Street Traverse City, MI 49684
Bed
0 Baths
sqft
MLS# 1933608
Prime downtown development parcel off Front Street near Munson Hospital. 0.45 acre lot has 106' on Madison and is 182' deep. Perfect site for multi-family, condos, medical, office, or mixed-use. Zoning is H-1 and municipal water & sewer are available. 224 Circle Drive across the street is also available for sale and development. Owner is a licensed real estate agent in the state of Michigan.
Listing Courtesy of NORTHERN GREAT LAKES / Coldwell Banker Schmidt Realtors / Daniel "Dan" Stiebel
