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
Baths0.0

Monthly Estimate*

$ 3,694

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.

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Lots and Land Active

Price

$ 600,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.45

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1933608

Features
General
Sewer Public Sewer None
Utilities Electricity Available Natural Gas Available Phone Available Cable Available Cable Internet
Possession Close Of Escrow Negotiable
Township Traverse City
Property Subtype Unimproved Land
Current Use Commercial
Waterfront Features None
Community Features None
Assoc Fee Paid Per Annually
County Grand Traverse
New Construction N
Property Type Land
Attached Garage N
Subdivision Name N/A
Garage Y/N N
Status Active
Directions West on Front St from Downtown Traverse City left on S Madison St property will be on your left.
City Traverse City
High School District Traverse City Area Public Schools
Zoning Description Residential Multi-Family Commercial Office Parking Lot
Lot Size Units Acres
Lot Size Square Feet 19602
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N Y
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Traverse City Area Public Schools
Elementary School District Traverse City Area Public Schools
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description partial from tax record: LOTS 37 & 38 BLOCK 2 LAY PARK ADD - AMENDED PLAT FKA LOTS 13-14 BLOCK 2 LAY PARK ADD & W 1/2 VACATED ALLEY
Freehold IDX
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Exterior
Exterior Amenities None
Lot Features Level Cleared Corner Lot
Water Source Public None
Lot Size Area 0.45
Spa N
Lot Dimensions 182x108
Lot Size Acres 0.45
Road Surface Type Asphalt
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded Features
List By
Coldwell Banker Schmidt Traver

Broker

(231) 922-2350

Phone

Affordability Calculator

$3,694
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2034238 Elementary School
2034116 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2025$600,000 Listed Price

Map


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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