461 Munson Avenue Traverse City, MI 49686
Other
MLS #: 1929908
Courtesy Of Real Estate One, Inc.
521 Randolph Street, Traverse City, MI 49684
521 Randolph Street, Traverse City, MI 49684
Property InformationDescription
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
- Age: 21-30 Years Old
- Architecture Style: Other
- Heating System: Forced Air
- MLSID: 1929908
- Parking Spaces: 70
- Roof Type: Asphalt
- Rooms: Basement
MAP & DIRECTIONS
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