$8,500,000
n/a Beds | n/a Baths | n/a sqft
461 Munson
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$8,500,000
ACTIVE
461 Munson, Traverse City, MI 49686
n/a Beds
n/a Baths
n/a SqFt
About This Home

Rare opportunity in downtown Traverse city, with commercial HR zoning, a large 63-70 unit building and a large property, bound by five city streets - a block from the public beach! This property was originally developed as a hotel (with 70 units), leased to a senior living operation for many years, and is now ready for a new owner to create apartments, condos, opera...

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Snapshot
  • Price:
  • $8,500,000
  • Acreage:
  • 1.87
  • Year Built:
  • 1995
  • Listing ID #:
  • 78080013328
  • Street Address:
  • 461 Munson
  • City:
  • Traverse City
  • State:
  • MI
  • Postal Code:
  • 49686
  • County:
  • Grand Traverse
  • Community:
  • 28042 - Traverse City
  • Subdivision:
  • Traverse Victorian Hotel
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
  • Special Code:
  • Standard
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Seller Concessions
Seller concessions can make home ownership more accessible for buyers by reducing upfront expenses. Seller concessions are negotiable and can be a fixed dollar amount or a percentage of the home's purchase price, and may cover a wide range of costs associated with buying a home, including to pay for buyer's broker services.
Source: National Association of REALTORS®
Seller concessions are not currently offered for this listing. Please contact agent for further details.
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Building
Land
Listing
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Source
Listing Provided By: Blake Bernard with REO-TCRandolph-233022
IDX provided courtesy of Realcomp II Ltd., via Real Estate For A CAUSE and ASPIRE NORTH REALTORS, ©2024 Realcomp II Ltd. Shareholders
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