Michigan Ave - Vacant Lots for Sale Ypsilanti

Vacant Land for Sale
Catylist Listing ID: 30089156
Property Subtypes: Office, Retail
Gross Land Area: 0.28 - 0.60 Acres
Sale Price: $75,000 - 150,000
In Opportunity Zone? Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2021

Overview / Comments

Two separate vacant lots fronting Michigan Ave. Can be purchased separately or together. Zoned B3 - General Business. Neighboring parcels may also be available for development.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw E of 23
Taxing Authority: Ypsilanti Township
Tax ID/APN: K-11-39-252-023 & 025
Zoning: B3 - GENERAL BUSINESS
Property Located Between: Hewitt and Ellsworth
Property Visibility: Excellent
Legal Description: LOT 16 TRIANGLE PARK SUBDIVISION.
Largest Nearby Street: US-12/Michigan Ave.
Traffic/Vehicle Count: 28,000
Highway Access: I-94, US-23, US-12
Airports: DTW, Ann Arbor
Site Description: Located in the Ellsworth, W Michigan, S Hewitt triangle. Easy access to I-94.
Area Description: Ypsilanti is a progressive city with a great community vibe and arts scene. Ypsilanti has the second largest contiguous historic district in the state of Michigan which includes both downtown Ypsilanti, along Michigan Avenue, and the Depot Town area adjacent to Frog Island Park and Riverside Park, which features many specialty shops, bars and grills, and a farmers' market. The history of Ypsilanti is still present and vibrant in today’s shops, dining and entertainment scene. With the Downtown and Depot Town districts only minutes apart they utilize their beautifully preserved historic areas to add interest to the variety of cultures present in the art, music and shopping. Ypsilanti is home to Eastern Michigan University and expands beyond the downtown districts to include 23,000+ acres of public park and recreation areas that help make up the Washtenaw County area. You’re just minutes from town and can find golfing, mountain biking, canoeing, hiking or natural scenery to relax in. Alternatively, you can travel to neighboring Ann Arbor (6 miles west of Ypsilanti) or Detroit (18 miles east of Ypsilanti) for sporting events, concerts and cultural excursions.
Zoning Description: The B-3 general business districts are designed to provide sites for more diversified business types which would often be incompatible with the pedestrian movement in the local business district or the community business district. • Sec. 1101. - Principal uses permitted: • In a general business district, no building or land shall be used and no building shall be erected except for one or more of the following specified uses unless otherwise provided in this ordinance: 1.Any retail business or service establishment permitted in B-1 and B-2 districts as principal uses permitted, subject to the regulations applicable in the following sections of this ordinance. 2.Any retail business or service establishment permitted and as regulated in B-1 and B-2 districts as uses permitted subject to special conditions. 3.Bus passenger stations. 4.New and used car salesroom, showroom or office. 5.Other uses similar to the above uses. 6.Other structures customarily incident to the above permitted uses. 7.Secondhand apparel businesses whose principal activity is devoted to the sale of secondhand apparel. Pawnbrokers, secondhand dealers, and junk dealers are not uses permitted under this section. (Ord. No. 97-169, 6-17-97)
Available Utilities: Water
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,795 76,541 173,170
Median Age: 33.15 33.53 32.93
Households: 3,785 31,986 67,434

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