MI > Grand Traverse > Traverse City > 224 Circle Drive

$3,750,000

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  • MLS# 1919308
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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.

Property Information

Status
Active 
Address
224 Circle Drive 
City
Traverse City 
Zip
49684 
Year Built
1955 
Listing Date
02/14/2024 
County
Grand Traverse 
Possession
At Closing,Subj 
Parking
Parking Lot 
Price/SqFt
213.8 

Taxes

Summer Taxes
$46,414 
Winter Taxes
$3,783 

Features

Current Use
Medical/Dental,Office Building 
Features
Additional Buildings, Elevator 
Zoning
Commercial, Multi-Family, Office, Other, Planned Unit Development 
Water
Municipal Water 
Sub Property Type
Office 
Licenses
None 
Exterior Features
Block, Other, Stucco/Drivit 
Cooling
Central Air, Forced Air, Natural Gas 
Heating
Central Air, Forced Air, Natural Gas 

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  • Market Statistics
  • Property History
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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1919308 Active Feb 14 2024 2:34PM $3,750,000 65
1852655 Withdrawn Active Feb 14 2019 4:45PM 157
1852655 Active Sep 11 2018 4:04PM $9,881 157
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Coldwell Banker Schmidt-522
Office Address 522 E Front St

224 Circle Drive Traverse City
Contact us
$3,750,000
For Sale • Acres: 0.91 • Zoning: Multi-Family,Office,Other,Commercial,Planned Unit Development