Mixed-Use Land for Sale in Traverse City, Michigan

103 S Madison St, Traverse City, MI 49684

$600,000

0.45 acres

Active

Est $4,770/mo

Prime downtown development parcel off Front Street near Munson Hospital. 0.45 acre lot has 106' on Madison and is 182' deep. Perfect site for multi-family, condos, medical, office, or mixed-use. Zoning is H-1 and municipal water & sewer are available. 224 Circle Drive across the street is also available for sale and development. Owner is a licensed real estate agent in the state of Michigan.

Location

Street address: 103 S Madison St
County: Grand Traverse County
Community: Traverse City
Elevation: 620 feet
Coordinates: 44.7633, -85.6425

Land for sale in Michigan

Property details

Lot size: 0.45 acres19,602 sq ft
Source: CBSCHMIDT
Posted: May 14, 20256 months ago

Parcels

51-758-026-00

Details and features

Listing

Type: Land
Subtype: Condominium
Franchise: Prudential Real Estate

Listing history

Date	Event	Price	Change	Source
May 14, 2025	New listing	$600,000	—	CBSCHMIDT

Payment calculator

This 0.45-acre property is located at 103 S Madison St in Traverse City, MI 49684. The property is available for sale for $600,000.

Listed by Schmidt Realtors Traverse City, (866) 603-5140, Source

Checked 21 mins ago — Updated Oct 2, 2025

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