224 Circle Dr

For Sale

224 Circle Dr, Traverse City, MI 49684

This Traverse City property for sale is located at 224 Circle Dr. The current listed sale price for 224 Circle Dr is $2,350,000.

Contacts

broker
Alex MacKenzie

Coldwell Banker Schmidt Realtors

Property Details

  • Property Type Office
  • Additional Rent Contact for pricing
  • Year Built 1955
  • Date Updated Dec 21, 2024
Unique opportunity to purchase the iconic Milliken Medical property located right next to Munson Medical Center in the heart of Traverse City's hospital district. First constructed as a 700 SF building in 1955, several additions over the years has resulted in a beautiful 17,500 SF building on approximately 0.91 acres, with an additional 0.45 acre parking lot parcel right down the street included as well (1.36 acres in total). This property is perfect for continued medical office use, multi-family redevelopment, or any number of other options allowed under the coveted H-1 zoning. The first floor of the building is approximately 11,955 SF and features numerous exam rooms & offices, waiting and reception areas, 6 restrooms, and a beautiful courtyard in the center of the building. The second floor is approximately 5,585 SF in total and features 4 medical office suites with a dedicated restroom in each suite. The membrane roof is approximately 5 years old. Two elevators servicing building and two large parking lots accommodating up to 84 vehicles in total between two parcels. Two separate basements total an additional 9,000 SF providing great storage space.
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Highlights

  • West on Front St from Downtown Traverse City, left on S Madison St, 224 Circle Dr will be on your right and parking lot parcel will be on your left
  • Cooling: Central A/C
  • Exterior Description: Concrete Block
  • Exterior Description: Stucco
  • Heating - Fuel Type: Gas
  • Heating Type: Forced Air
  • Road Type: City / Town Street
  • Roof: Rubber
  • Water: Municipal Water

Getting around

  • 58/100

    Walk Score ®

  • 71/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Traverse City, MI
  • Zip Code 49684

Points of Interest

  • Speedway

    0.44 miles

  • Holiday

    1.02 miles

  • Mobil

    1.02 miles

  • ChargePoint

    1.03 miles

  • Traverse City Supercharger

    1.23 miles

  • Meijer

    1.31 miles

  • Shell

    1.50 miles

  • Blink

    1.76 miles

  • Mutual Service Station

    2.13 miles

  • Circle K

    2.14 miles

  • Lot B

    0.07 miles

  • Lot C

    0.13 miles

  • Lot K

    0.34 miles

  • Lot X

    0.84 miles

  • Lot RB

    0.86 miles

  • Lot P

    0.89 miles

  • Lot E

    0.90 miles

  • Lot W

    0.93 miles

  • Lot G

    1.01 miles

  • Hotel Indigo

    0.86 miles

  • The Whiting

    1.07 miles

  • Park Place Hotel

    1.24 miles

  • Wellington Inn

    1.45 miles

  • Visit Up North Vacation Rentals

    1.57 miles

  • Great Wolf Lodge

    1.64 miles

  • Delamar Traverse City

    1.65 miles

  • Tru

    1.65 miles

  • Bayshore Resort

    1.97 miles

  • Grand Traverse Motel

    2.22 miles

  • Oleson's

    0.56 miles

  • Toms Food Market

    0.93 miles

  • Oryana Natural Foods Market

    1.33 miles

  • Meijer

    1.34 miles

  • Kohl's

    1.87 miles

  • TJ Maxx

    1.98 miles

  • Family Fare

    2.15 miles

  • Oryana West

    2.20 miles

  • Walmart Supercenter

    2.43 miles

  • Edson Farms Market and Deli

    2.50 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Alex MacKenzie

Coldwell Banker Schmidt Realtors