103 S Madison Street Traverse City, MI ^$ 500,000

103 S Madison Street

^$ 500,000

Back to search

103 S Madison Street

Traverse City, MI, 49684

^$ 500,000

Studio Baths0.0

Monthly Estimate*

^$ 3,493

103 S Madison Street, Traverse City, MI 49684 - Image 1

103 S Madison Street, Traverse City, MI 49684 - Image 2

103 S Madison Street, Traverse City, MI 49684 - Image 3

103 S Madison Street, Traverse City, MI 49684 - Image 4

103 S Madison Street, Traverse City, MI 49684 - Image 5

103 S Madison Street, Traverse City, MI 49684 - Image 6

103 S Madison Street, Traverse City, MI 49684 - Image 7

Studio

Lots and Land for sale in Traverse City, MI

for $500,000. The lot size is 0.45.

Prime development parcel located right next to Munson Medical Center. This property is approximately 0.5 acres in size and has been used as a parking lot for many years (can accommodate up to 42 vehicles). With municipal water & sewer, this parcel is perfect for a multifamily development, medical office development, continued use as a parking lot, or many other uses allowed under H-1 zoning. Bring your ideas and take advantage of this excellent location! Sale of this property is contingent on sale of 224 Circle Dr (MLS #185177). Seller will entertain offers on 103 S Madison St lot but reserves the right to wait until 224 Circle Dr is sold prior to selling 103 S Madison St lot.

Lots and Land Active

Price

^$ 500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 5,502

Style

Vacant Lot/Land

Lot Size

0.45

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1919309

Features

General

Zoning Residential Multi-Family Commercial Office Special Use Parking Lot

School District Traverse City Area Public Schools

Exterior

Water Features None

* Excluded Features

List By

Coldwell Banker Schmidt-522

Broker

(231) 499-0529

Phone

Affordability Calculator

$3,951

Per Month

Monthly Principal & Interest: $3,493
Monthly Property Taxes: $459
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Lots and land listings in Traverse City, MI

Average List Price ^$349,205

Percent of Sale Price 30%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2034238 Elementary School

2034116 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/14/2024	$500,000		Listed Price

Map

More homes like this one

homes for you

See all

103 S Madison Street, Traverse City, MI, 49684 is a Lots and Land for sale at $500,000 with a lot size of 0.45. 103 S Madison Street is a studio with 0.0 baths. The property's zip code is 49684 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern Great Lakes REALTORS® MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

103 S Madison Street

Lots and Land for sale in Traverse City, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home