5085 Anna Drive Traverse City, MI 49684

$1,695,000
5085 Anna Drive, Traverse City, MI 49684
1828253

Commercial Property for sale in Traverse City, MI

for $1,695,000. This 12,000 square foot building was built in 1995.

Property Information

  • $1,695,000
  • Commercial
  • 12,000 Square Feet
  • Office
  • Active
  • Built in 1995
  • Traverse City, MI
  • Grand Traverse County
  • MLS/Web ID is 1828253

Description

Medical Office Building for sale in medical community by Munson Hospital. Lower level is 5400 SF of finished space and is leased to Munson Hospital. Main level has 6544 SF with 10+ exam rooms, waiting area, reception desk, lab area, file room, kitchen & break room. Existing practice in this space would vacate entire floor, or lease back 1/2 the floor on long term lease leaving many options for potential buyer. Building would be around 6% cap at closing and close to 10% cap rate when fully leased.

Interior 6

Basement

  • Finished
  • Inside Entrance
  • Outside Entrance to Basement
  • Walkout Stairs

Cooling System

  • Central Air

Heating Source

  • Natural Gas

Heating System

  • Forced Air

Sewer

  • Municipal

Water Source

  • Municipal

Exterior 6

Construction

  • Brick
  • Frame

Parking

  • Parking Lot
  • Paved

Road Frontage

  • Blacktop
  • Public Maintained Road

Roof

  • Asphalt Roof

Siding

  • Brick

Zoning

  • Commercial
  • Offices

Miscellaneous 1

Location

  • Corner Lot
  • Freestanding

Rental 2

Lease Terms

  • Building Insurance

Rent Includes

  • Electric
  • Exterior Maintenance
  • Garbage Pickup
  • Heating/Cooling
  • Lawn Care
  • Management
  • Sewer
  • Snow Removal
  • Water

† Excluded Feature

Neighborhood & Schools

Community: Great Lakes Plastic Surgery

 See complete school information

Listed By

Broker: COLDWELL BANKER SCHMIDT-522
Phone: (231) 633-0432

5085 Anna Drive , Traverse City, MI, 49684 is a Commercial Property for sale at $1,695,000 with 12,000 sqft. 5085 Anna Drive has 0.0 baths and was built in 1995. The property's zip code is 49684 which is in Traverse City, MI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Traverse City $549,753 68 % below $345,000 80 % below
Commerical listings in Traverse City $990,338 42 % below $587,000 65 % below

Get the facts about Traverse City, MI!

Population 15,817
Population Growth (since 2000) 7 %
Median Income $49,237
Median Age 41.86
Households w/ Children 21 %

Residential Dwellings

  • Owned 4357
  • Vacant 677
  • Rented 2872

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or Call us at 1-800-839-1363