Clark Professional Office Plaza | Units 1-3

Office for Sale
Catylist Listing ID: 30394810
Property Subtypes: Medical, Office Building
Condo? Yes
Building Size (RSF): 6,953 SF
Gross Building Area: 40,889 SF
Gross Land Area: 0.11 Acres
Sale Price: $1,615,000
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Clark Professional Office Plaza
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/26/2020

Overview / Comments

Three first floor condo units, all currently leased with long term tenant, Probility Physical Therapy. Well maintained units with updated flooring & bathrooms. Units 1 & 2 (suite 102) are leased together. Units 2 & 3 have 2,454 sq ft & Unit 1 offers 2,045 square feet. Great location! Close proximity to St. Joe's Hospital, Eastern Michigan University, Washtenaw Community College and the Washtenaw Ave corridor. Easy access to US 23 & I-94. Ample parking.

Units 1-2 available for $1,020,000
Unit 3 available for $680,000

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw E of 23
Taxing Authority: Ypsilanti Twp
Tax ID/APN: K -11-06-210-001, K -11-06-210-002, K -11-06-210-003
Is Condo?: Yes
Zoning: B3
Property Located Between: Golfside Road and North Hewitt Road
Property Visibility: Excellent
Highway Access: US 23 & I 94
Airports: Detroit Metro, Willow Run & Ann Arbor Municipal
Site Description: Great visibility, well maintained exterior.
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 10,225 SF
Year Built: 1984
Year Renovated: 2004
Roof Type: Flat
Construction/Siding: Brick, Other
Parking Ratio: 3.9 (per 1000 SF)
Parking Type: Surface
Parking Description: Plenty of surface parking.
Total Parking Spaces: 79
Passenger Elevators: 2
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
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. 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 fol lowing specified uses unless otherwise provided in this ordinance: 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. Any retail business or service establishment permitted and as regulated in B-1 and B-2 districts as uses permitted subject to special conditions. Bus passenger stations. New and used car salesroom, showroom or office. Other uses similar to the above uses. Other structures customarily incident to the above permitted uses. 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.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,200 74,016 189,372
Median Age: 28.94 33.98 32.77
Households: 5,124 32,359 77,400


Photograph of Listing Agent

James H. Chaconas

Colliers International
CPIX Member
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