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$500,000
103 S Madison StreetTraverse City City, MI 49684
Land|Sold 02/28/2025
County:
GrandTraverse
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Prime development parcel located right next to Munson Medical Center. This property is approximately 0.5 acres in size and has been used as a parking lot for many years (can accommodate up to 42 vehicles). With municipal water & sewer, this parcel is perfect for a multifamily development, medical office development, continued use as a parking lot, or many other uses allowed under H-1 zoning. Bring your ideas and take advantage of this excellent location! Sale of this property is contingent on sale of 224 Circle Dr (MLS #185177). Seller will entertain offers on 103 S Madison St lot but reserves the right to wait until 224 Circle Dr is sold prior to selling 103 S Madison St lot.
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Listing Snapshot
Bedrooms
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Inside Area (SqFt)
N/A
Lot Size
0.45 Acres
Year Built
N/A
MLS® Number
78080014679
Status
Sold
Property Tax
$5,502.43
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a year ago | Listing updated with changes from the MLS® |
General Features
Acres
0.45
Disclosures
Survey Not Available
Sewer
None
Water Source
None
Zoning
Commercial, MultiFamily, Office, Residential
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Exterior Features
Lot Features
Cleared
Community Features
Community Features
Sidewalks
Financing Terms Available
CashConventional
MLS Area
Area28042TraverseCity
School District
TraverseCity
Schools
School District
TraverseCity
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Coldwell Banker Schmidt Traverse City: (231) 499-0529
IDX provided courtesy of Realcomp II Ltd. via AspireNorthREALTORS. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
IDX provided courtesy of Realcomp II Ltd. via AspireNorthREALTORS. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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