Wellness Center for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30836160
Property Subtypes: Free-Standing Building, Mixed Use, Other
Building Size (RSF): 48,196 SF
Gross Land Area: 6.62 Acres
Sale Price: $7,000,000
Unit Price: $145.24 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Dexter Wellness Center
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/25/2023

Overview / Comments

This stunning two-story building was custom-built by A. R. Brouwer Company in 2013 for Five Healthy Towns, a local initiative, to promote fitness and health in Dexter, Chelsea, Stockbridge, Manchester, and Grass Lake. Currently operational as the Dexter Wellness Center, it provides an elevator, large gymnasium/basketball court, stunning lap pool, therapy pool, men’s and women’s locker rooms, each with a sauna and lounge, a great indoor track, weight, and cardio rooms, a grab and go café, daycare, and classrooms, along with physical and massage therapy.

The building is locally owned, well-maintained, and features lots of natural light, LED lighting, fire suppression, and a 6-acre lot.

Great central location just blocks from downtown Dexter, surrounded by schools, several neighborhoods and apartment communities, and established industry, retail, and businesses. Easy access to I-94, Ann Arbor, and surrounding communities. The property is a condominium with a shared parking lot. Zoning is General Business District.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: City of Dexter
Tax ID/APN: 08-88-06-455-001
Retail Clientele: General, Family, Business, Convention, Other
Property Located Between: Dan Hoey Rd., and Hudson Street
Property Visibility: Good
Largest Nearby Street: Baker Road
Highway Access: I-94
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 2013
Roof Type: Flat
Parking Type: Surface
Parking Description: shared parking
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: This district is intended to encourage planned and integrated groupings of retail, service, and administrative establishments which will retail convenience and comparison goods and provide personal and professional services for the entire City and tributary area, and to accommodate commercial establishments which cannot be practically provided in the City commercial area but can be integrated into the City at a scale and intensity consistent with the small Midwest town character.
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Provided with a title commitment
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,002 9,795 32,467
Median Age: 41.39 39.96 41.74
Households: 462 3,602 12,373


Photograph of Listing Agent

James H. Chaconas

Colliers International
CPIX Member
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