461 Munson
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461 Munson
0 baths | 0 sqft | MLS# 78080013328
Active $8,500,000
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Anwar Jennings
313-283-1873 313-283-1873 Send emailDESCRIPTION
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, operate as a hotel or long term care facility, or to create something all their own. With a large commercial kitchen, huge dining room, many common lounges, on-site commercial laundry, fiber optic internet installed and ready, a lovely back patio, expansive grounds and nicely outfitted units, this property has many things going well! There is potential to easily add up to seven additional units within the current building, and the property and building size could allow for added amenities too. This is an exciting property - bring your creativity!
FACTS
School District: Traverse City County: Grand Traverse Status: Active Listing Type: Multifamily Stories: 2 Story Heating: Forced Air
FEATURES
Sewer: Public Sewer (Sewer-Sanitary) Exterior Features: Fenced Interior Features: Elevator/Lift Water Heater: Other
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