Well-Located Building Downtown Ypsilanti

Retail-Commercial for Sale
Catylist Listing ID: 30802758
Property Subtypes: Free-Standing Building
Building Size (RSF): 2,080 SF
Gross Building Area: See Agent
Sale Price: $250,000
Unit Price: $120.19 PSF
Ceiling: 12 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Building Name: Trojan
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/16/2023

Overview / Comments

Fabulous and well located building in downtown Ypsilanti. On-site and convenient street parking is available. Long established dry cleaning business is currently in place; fixtures and equipment are available as a separate purchase.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw E of 23
Taxing Authority: Ypsilanti
Tax ID/APN: 11-11-40-484-004
Zoning: CENTER
Retail Clientele: General, Family, Business
Property Located Between: Corner of N Adams and Pearl Streets, one block north of Michigan Ave.
Property Visibility: Excellent
Largest Nearby Street: Pearl
Feet of Frontage: 66
Highway Access: Less than 2 miles to I-94
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Construction/Siding: Wood Siding
Parking Type: Surface
Heat Type: Natural Gas
Zoning Description: Center
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,310 75,602 143,712
Median Age: 28.89 32.91 34.91
Households: 6,477 31,700 58,582


Photograph of Listing Agent

Amy Freundl

Reinhart Commercial
CPIX Member
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