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    121 & 125 Munson

    Traverse City, MI 49686
    • $2,400,000
    • STATUS: Active
    • ON SITE: 59 days
    • MLS #: 1880489
    UPDATED: 51 min ago
    $2,400,000
    • 0
      BEDS
    • 1.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,184
      SQFT
    • $261
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1984
    County:

    School Ratings & Info

    Description

    Prime redevelopment opportunity. 24 room motel in an OUTSTANDING location at the base of Old Mission Peninsula and across the street from Northern Michigan College, Dennos Museum and the Civic Center. Sale includes all furnishings, fixtures and equipment. Property is ready for remodeling and higher revenues. HR Zoning allows for 4 stories or 45 foot building height. Uses include Condo's, apartments, short term rentals, retail and more. Sale includes motel property plus additional .81 acres of vacant land. Access from Munson and E. Front across from NMC.

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    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-11-30T08:52:01.66.
    www.michiganlifestylehomes.com/homes/110570475
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    121 & 125 Munson Traverse City, MI 49686

    • Price: $2,400,000
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 1880489
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.39
    Acres
    9,184
    SQFT
    $261
    $/SQFT
    1984
    Built
    Neighborhood:
    Metes And Bounds
    County:
    Grand Traverse
    Area:
    Grand Traverse
    Property Description
    Prime redevelopment opportunity. 24 room motel in an OUTSTANDING location at the base of Old Mission Peninsula and across the street from Northern Michigan College, Dennos Museum and the Civic Center. Sale includes all furnishings, fixtures and equipment. Property is ready for remodeling and higher revenues. HR Zoning allows for 4 stories or 45 foot building height. Uses include Condo's, apartments, short term rentals, retail and more. Sale includes motel property plus additional .81 acres of vacant land. Access from Munson and E. Front across from NMC.
    Exterior Features

    Construction Frame Exterior Features BrickWood Foundation Slab Lot Dimensions irregular Parking Parking LotPaved Road Public Maintained Roof Asphalt

    Interior Features

    Heating Cooling Type Hot Water

    Property Features

    Business Incl Yes Business Name Shadowland Motel Deeded Waterfront No Documents On File Survey Eco Features No Energy Efficient Not Applicable Extras None Heating Cooling Source ElectricNatural Gas Included In Lease None Inventory Incl Yes Licenses None Listing Agreement Type Exclusive Right To Sell Location Corner Lot Possession At Closing Present Use Other Real Estate Incl Yes Renewable Not Applicable Sale Or Lease For Sale Sale Rent For Sale Section Number 1 Sewer Municipal Terms CashCommercial Loan Township Traverse City Type Hospitality Type Of Ownership Private Owner Univs Design Barrier Free None Vacant Land Yes Water Municipal Water Water Conservation Not Applicable Zoning Motel/Hotel



    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-11-30T08:52:01.66.
     
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    Berkshire Hathaway HomeServices Michigan | Michigan LifeStyle Homes Group
    630 E Front Street Suite 200
    Traverse City MI, 49684