103 S Madison Street Traverse City, MI ^$ 600,000

103 S Madison Street

^$ 600,000

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103 S Madison Street

Traverse City, MI, 49684

^$ 600,000

Studio Baths0.0

Monthly Estimate*

^$ 3,743

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

103 S Madison Street, Traverse City, MI 49684 - Image 8

103 S Madison Street, Traverse City, MI 49684 - Image 9

Studio

Lots and Land for sale in Traverse City, MI

for $600,000. The lot size is 0.45.

Prime downtown development parcel off Front Street near Munson Hospital. 0.45 acre lot has 106' on Madison and is 182' deep. Perfect site for multi-family, condos, medical, office, or mixed-use. Zoning is H-1 and municipal water & sewer are available. 224 Circle Drive across the street is also available for sale and development. Owner is a licensed real estate agent in the state of Michigan.

Lots and Land Active

Price

^$ 600,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Vacant Lot/Land

Lot Size

0.45

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1933608

Features

General

Zoning Residential Multi-Family Commercial Office Parking Lot

School District Traverse City Area Public Schools

Exterior

Water Features None

* Excluded Features

List By

Coldwell Banker Schmidt Traver

Broker

(231) 633-0432

Phone

Affordability Calculator

$3,743

Per Month

Monthly Principal & Interest: $3,743
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

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Nearby

Trends
Schools

Lots and land listings in Traverse City, MI

Average List Price ^$377,822

Percent of Sale Price 37%

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
5/12/2025	$600,000		Listed Price

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103 S Madison Street, Traverse City, MI, 49684 is a Lots and Land for sale at $600,000 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 6.375% 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 12/12/2025.

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103 S Madison Street

Lots and Land for sale in Traverse City, MI

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