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For Sale

Multi-Family, Retail, Office, Medical Development

523, 525, 551 Munson Ave,
Traverse City, MI 49686
Represented by
Schmidt Realtors

Asset Snapshot

1996
Year Built
2.20 Acres
Land Area

Offering Summary

Investment Overview

3 lots on Munson Ave totaling 2.2 acres Third Coast Bakery leasing front of 523 Munson leaving approximately 0.4 acres for future development Owner would to a joint venture, sale, land lease or build-to-suit on available land Currently plans to build 2,000-4,000 SF building on east side of 523 Munson (back portion) that would be well suited for office, medical, retail or food service 525 & 551 Munson are ideally suited for multi-family development and total 1.54 acres 630' of frontage along Munson Ave Zoned C-2 with use restrictions on brew pubs and gas stations


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Listing Syndicated From

Buildout
Accepting Offers
Unlisted
Asking Price

Investment Sales Broker

Dan Stiebel
Schmidt Realtors

Market Insights