5123 N Royale Drive Traverse City, MI ^$ 1,595,000

5123 N Royale Drive

^$ 1,595,000

Back to search

5123 N Royale Drive

Traverse City, MI, 49684

^$ 1,595,000

Studio Baths0.0 Sq 11,486

Monthly Estimate*

^$ 11,142

5123 N Royale Drive, Traverse City, MI 49684 - Image 1

5123 N Royale Drive, Traverse City, MI 49684 - Image 2

5123 N Royale Drive, Traverse City, MI 49684 - Image 3

5123 N Royale Drive, Traverse City, MI 49684 - Image 4

5123 N Royale Drive, Traverse City, MI 49684 - Image 5

5123 N Royale Drive, Traverse City, MI 49684 - Image 6

5123 N Royale Drive, Traverse City, MI 49684 - Image 7

5123 N Royale Drive, Traverse City, MI 49684 - Image 8

5123 N Royale Drive, Traverse City, MI 49684 - Image 9

5123 N Royale Drive, Traverse City, MI 49684 - Image 10

5123 N Royale Drive, Traverse City, MI 49684 - Image 11

5123 N Royale Drive, Traverse City, MI 49684 - Image 12

5123 N Royale Drive, Traverse City, MI 49684 - Image 13

5123 N Royale Drive, Traverse City, MI 49684 - Image 14

5123 N Royale Drive, Traverse City, MI 49684 - Image 15

5123 N Royale Drive, Traverse City, MI 49684 - Image 16

5123 N Royale Drive, Traverse City, MI 49684 - Image 17

5123 N Royale Drive, Traverse City, MI 49684 - Image 18

5123 N Royale Drive, Traverse City, MI 49684 - Image 19

5123 N Royale Drive, Traverse City, MI 49684 - Image 20

5123 N Royale Drive, Traverse City, MI 49684 - Image 21

5123 N Royale Drive, Traverse City, MI 49684 - Image 22

5123 N Royale Drive, Traverse City, MI 49684 - Image 23

5123 N Royale Drive, Traverse City, MI 49684 - Image 24

5123 N Royale Drive, Traverse City, MI 49684 - Image 25

5123 N Royale Drive, Traverse City, MI 49684 - Image 26

5123 N Royale Drive, Traverse City, MI 49684 - Image 27

5123 N Royale Drive, Traverse City, MI 49684 - Image 28

5123 N Royale Drive, Traverse City, MI 49684 - Image 29

5123 N Royale Drive, Traverse City, MI 49684 - Image 30

5123 N Royale Drive, Traverse City, MI 49684 - Image 31

5123 N Royale Drive, Traverse City, MI 49684 - Image 32

5123 N Royale Drive, Traverse City, MI 49684 - Image 33

5123 N Royale Drive, Traverse City, MI 49684 - Image 34

5123 N Royale Drive, Traverse City, MI 49684 - Image 35

5123 N Royale Drive, Traverse City, MI 49684 - Image 36

5123 N Royale Drive, Traverse City, MI 49684 - Image 37

5123 N Royale Drive, Traverse City, MI 49684 - Image 38

5123 N Royale Drive, Traverse City, MI 49684 - Image 39

5123 N Royale Drive, Traverse City, MI 49684 - Image 40

5123 N Royale Drive, Traverse City, MI 49684 - Image 41

5123 N Royale Drive, Traverse City, MI 49684 - Image 42

5123 N Royale Drive, Traverse City, MI 49684 - Image 43

5123 N Royale Drive, Traverse City, MI 49684 - Image 44

5123 N Royale Drive, Traverse City, MI 49684 - Image 45

5123 N Royale Drive, Traverse City, MI 49684 - Image 46

5123 N Royale Drive, Traverse City, MI 49684 - Image 47

5123 N Royale Drive, Traverse City, MI 49684 - Image 48

5123 N Royale Drive, Traverse City, MI 49684 - Image 49

5123 N Royale Drive, Traverse City, MI 49684 - Image 50

5123 N Royale Drive, Traverse City, MI 49684 - Image 51

5123 N Royale Drive, Traverse City, MI 49684 - Image 52

5123 N Royale Drive, Traverse City, MI 49684 - Image 53

5123 N Royale Drive, Traverse City, MI 49684 - Image 54

5123 N Royale Drive, Traverse City, MI 49684 - Image 55

5123 N Royale Drive, Traverse City, MI 49684 - Image 56

5123 N Royale Drive, Traverse City, MI 49684 - Image 57

5123 N Royale Drive, Traverse City, MI 49684 - Image 58

5123 N Royale Drive, Traverse City, MI 49684 - Image 59

5123 N Royale Drive, Traverse City, MI 49684 - Image 60

5123 N Royale Drive, Traverse City, MI 49684 - Image 61

5123 N Royale Drive, Traverse City, MI 49684 - Image 62

5123 N Royale Drive, Traverse City, MI 49684 - Image 63

5123 N Royale Drive, Traverse City, MI 49684 - Image 64

View a Virtual Tour

Studio

Commercial Property for sale in Traverse City, MI

for $1,595,000. This 11,486 square foot building was built in 1994 on a lot size of 1.2.

Medical Office Building - 11,486 Sq/Ft. Main Level is 6,187 Sq/Ft. Walkout Lower Level is 5,299 Sq/Ft and Features a Large Open Area w/Picture Windows providing lots of natural light. Excellent for Physical Therapy, Patient Assessments, Gym Related Activities! Current tenant (month to month) is utilizing the lower level (some lab space), and approx. 2/3's of the main floor. The owner is using approx. 1/3 of the main floor & shared common areas. Owner leaseback is negotiable or buyer could use the entire building if needed. Many individual offices of various sizes. Close to Munson Hospital surrounded by a variety of Medical Practices.

Commercial Active

Price

^$ 1,595,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Office

Lot Size

1.2

Year Built

1994

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1919691

Features

General

Roof Asphalt

Zoning Office

Sewer Municipal

Construction Brick Frame

Interior

Basement Full Walkout Finished Rooms Entrance Outside Entrance Inside

Exterior

Exterior Features Brick

* Excluded Features

List By

Five Star Real Estate - Front St Tc

Broker

(231) 218-5130

Phone

Affordability Calculator

$11,142

Per Month

Monthly Principal & Interest: $11,142
Monthly Property Taxes: --
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

Commerical listings in Traverse City, MI

Average List Price ^$579,344

Percent of Sale Price 64%

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.

2034270 Elementary School

2034440 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/28/2024	$1,595,000		Listed Price

Map

More homes like this one

homes for you

See all

5123 N Royale Drive, Traverse City, MI, 49684 is a Commercial Property for sale at $1,595,000 with 11,486 sqft and a lot size of 1.2. 5123 N Royale Drive is a studio with 0.0 baths and was built in 1994. 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 5/4/2024.

*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?

5123 N Royale Drive

Commercial Property for sale in Traverse City, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home