Active

5123 N Royale Drive

Traverse City MI, 49684

$1,499,000


$130.51 per sqft

Active

4 Baths

11,486 sqft

Commercial

Built in 1994

Medical Office Building - 11,486 Sq/Ft. Main Level is 6,187 Sq/Ft. Walkout Lower Level is 5,299 Sq/Ft and Features a Large Open Area w/Picture Windows providing lots of natural light. Excellent for Physical Therapy, Patient Assessments, Gym Related Activities! Current tenant (month to month) is utilizing the lower level (some lab space), and approx. 2/3's of the main floor. The owner is using approx. 1/3 of the main floor & shared common areas. Owner leaseback is negotiable or buyer could use the entire building if needed. Many individual offices of various sizes. Close to Munson Hospital surrounded by a variety of Medical Practices.

1929654

MLS ID

December 16, 2024

Listed

December 19, 2024

Updated

Map

5123 N Royale Drive
Traverse City MI, 49684

Interior Features

Total Bathrooms

4


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

1.2 Acres


Lot Features

Freestanding


Roof

Asphalt


Sewer

Public Sewer

Other Property Details

Days on Market

3


Association Fee Frequency

Yearly


Garage

No


Parking

Paved, Parking Lot


Parking Total

20


View

No


County

Grand Traverse


Municipality

Garfield


Water Source

Public


Pool

No

Listed by with Five Star Real Estate - Front St TC
Listing Contact:  

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 12/19/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 12/19/2024 at 6:49 AM UTC

 

 

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