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

103 S Madison Street

^$ 600,000

Back to search

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 Land

Lot Size

0.45

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80056932

Features

General

Possession At Close

Water None

Status Active Active

Subdivision N/A MI

County Grand Traverse

Class VACANT LAND

Type Vacant Land

Ownership Private

Municipality Traverse City

Section 4

Zoning Multi-Family Professional Office Commercial Residential

Sale/Rent For Sale

Status Detail 0

Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Water Available

Area Traverse City (28021)

Primary City Traverse City

Location Corner Lot

Directions West on Front St from Downtown Traverse City left on S Madison St property will be on your left.

City Traverse City

School District Traverse City Area Public School

Financial Terms Cash Conventional Exchange/Trade Lease w/Option

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

DOM 212

Postal Code 49684

Price Per Sq Ft Total AG 1333333.33

Public Remarks 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

Exterior

Lot Size Area 0.45

Lot Dimensions 182x108

Lot Description Cleared

Water Features None

Waterfront Y/N No

* Excluded Features

List By

Daniel Stiebel

Listing Agent

Coldwell Banker Schmidt Traver

Broker

dan@realestatetc.com

Affordability Calculator

$3,743

Per Month

Monthly Principal & Interest: $3,743
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 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.

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! What's my home worth?

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.

3769590 Elementary School

3769595 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

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 $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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

*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