Tavern/Bar For Sale
Retail-Commercial
for Sale
| Catylist Listing ID: |
30803823 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Tavern/Bar/Nightclub, Other
|
| Building Size (RSF): |
3,430 SF
|
| Gross Land Area: |
0.73 Acres
|
| Sale Price: |
$199,999 |
| Unit Price: |
$58.31 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/25/2023 |
Overview / Comments
Great opportunity to own a Tavern/restaurant & music venue property Solid location on a large corner lot on Ecorse Road. Surrounded by local businesses and established neighborhoods. Plenty of parking available.
Zoning offers many possibilities.
Easy access to Michigan Avenue, I-94, downtown Ypsilanti, Detroit, and Ann Arbor.
|
Additional Details
| Nearest MSA: |
Ann Arbor |
| County: |
Washtenaw |
| Submarket/Township: |
Washtenaw E of 23 |
| Taxing Authority: |
Ypsilanti Township |
| Tax ID/APN: |
K -11-11-331-009 |
| Zoning: |
ERFB ECORSE ROAD FORM BASED DISTRICT |
| Retail Clientele: |
General, Business, Traveler, Other |
| Property Located Between: |
Greenlawn Street & S Harris Road |
| Property Visibility: |
Good |
| Largest Nearby Street: |
S Harris Road |
| Feet of Frontage: |
100 |
| Traffic/Vehicle Count: |
1,220 |
| Highway Access: |
I-94 |
| Airports: |
Willow Run, Detroit Metro & Ann Arbor Municipal |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1955 |
| Roof Type: |
Flat |
| Total Parking Spaces: |
40 |
| Parking Type: |
Surface |
| Parking Description: |
Plenty of rear parking. |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable |
| Zoning Description: |
The Ecorse Road form based district (ERFB) is intended to implement the vision established by the township master plan and the E. Michigan Avenue and Ecorse Road placemaking plan, to transform the Ecorse Road corridor into a vibrant, dynamic area through placemaking and the attraction of new investment. The Ecorse Road form based district allows for the consolidation and creative redevelopment of parcels. Development of buildings and sites, including retrofitting and redevelopment of existing sites and buildings, can include residential, retail, office, and service uses. Uses designed to support the residents and local workers are also encouraged, such as mixed-use developments with small scale retail or restaurant uses incorporated with housing units. The redeveloped corridor will help diversify the township housing and commercial stock and incorporate architecturally interesting buildings. |
| Lot Frontage: |
100 |
| Lot Depth: |
134 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Other |
| Easements Description: |
available with title commitment |
| Land Ownership: |
Owner |
| Legal Description: |
LOTS 68 - 71 INCL, EXC SLY 10 FT. EAST LAWN SUBDIVISION |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,332 |
67,825 |
139,556 |
| Median Age: |
35.51 |
33.38 |
34.51 |
| Households: |
5,864 |
27,129 |
56,121 |
|
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