Freestanding Washtenaw Ave Retail for Sale in Ann Arbor

Retail-Commercial for Sale
Catylist Listing ID: 30654739
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 9,200 SF
Gross Land Area: 0.62 Acres
Sale Price: $1,975,000
Unit Price: $214.67 PSF
Ceiling: 14 ft.
Property Use Type: Vacant/Owner-User
Usable Size (USF): 9,200 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2021

Overview / Comments

Prime Washtenaw Avenue free standing building. Over half acre lot with 9,200 square foot building available for commercial / retail use.

Over 33,000 vehicles per day traffic count. Great Exposure. Excellent US-23 highway access within 1/4 mile of site and convenient access to I-94 and US-14 from US-23. Arborland Shopping Center is adjacent to the property. Walkability score of 79 makes for high walkable access and is also located on the Ann Arbor Transit Authority (AATA) bus-line.

New roof in 2017. Parking in the front and rear of building with easement right-of-way to Chalmers.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: City of Ann Arbor
Tax ID/APN: 09-12-02-201-014
Zoning: C-3
Retail Clientele: General, Business, Recreation
Property Located Between: Huron Parkway and US-23
Property Visibility: Excellent
Largest Nearby Street: Chalmers
Feet of Frontage: 118
Traffic/Vehicle Count: 33,303
Highway Access: US 23/Washtenaw interchange within 1/2 mile
Airports: DTW, Ann Arbor
Area Description: The Ann Arbor area is a friendly community with big-city sophistication; a world-class educational and high-tech research center nestled in a quintessential college town; a close-knit community of charming neighborhoods with a rich mix of cultures. The Ann Arbor campus has plenty to inspire and entertain. Ranked as the #2 Best College Town in America, Ann Arbor and the University of Michigan go together like Maize and Blue! With more than 43,000 undergrad and graduate students, campus life is interwoven with city life. Ann Arbor is a successful tech hub, attracting entrepreneurs, start-ups and tech giants such as Google. The talent pool and resources rival that of Silicon Valley but with a Midwestern culture and relatively lower cost of living than the Bay Area or New York City. Ann Arbor is the perfect climate for tech companies to find success, stability and growth. Although geographically small, the area is perhaps most renowned for its entertainment, athletics, cultural offerings, dining experiences and nightlife. On almost any given weekend, a visit to Ann Arbor will coincide with one of the many festivals and special events hosted in Ann Arbor. Two of the most recognizable traditions are the Ann Arbor Art Fair and University of Michigan football. Every July, the award-winning Ann Arbor Art Fair transforms the downtown streets into an art gallery featuring thousands of juried artists. In the fall, each football Saturday brings more than 100,000 people to town for tailgating and fill "The Big House" to watch the University of Michigan Wolverines. In the winter, holiday light festivals and the Ann Arbor Folk Festival are always crowd pleasers. April brings the thaw and a weekend unlike any other as we celebrate whimsy during FoolMoon and FestiFools. Described as an urban oasis, the Ann Arbor area is also the perfect four season destination for outdoor enthusiasts. You'll discover golf courses, trails groomed for hiking and cross-country skiing, some of the best canoeing and kayaking in southeastern Michigan along the twelfth nationally recognized water trail — the Huron River.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 9,200 SF
Property Condition: Good
Year Built: 1967
Year Renovated: 1995
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central, Radiant
Air Conditioning: Package Unit
Zoning Description: C3 fringe commercial district. (1) Intent. The design and regulations of this district are set up to provide for certain types of commercial activities which have characteristics in common. In this district, the customer usually comes directly to the particular establishment by automobile, making a separate stop for each errand. Comparison shopping activity is less than in the central business district. Since there is little essential interdependence of activities, establishments can be dispersed over considerable areas with each establishment having its own automobile parking. Good automobile accessibility is essential to these districts. The uses permitted, because of their lack of intense pedestrian activity and their required contact with auto access, would be incompatible in the central business district. (2) Permitted principal uses. (a) Any principal use permitted in the C2B business service district. Permitted principal uses. - (b)Retail sales that may have service, repair, leasing or rental, or manufacturing facilities in connection therewith, including: new and used automobile dealers; boat and sporting good dealers; mobile home dealers; agricultural implement, garden supply and motorcycle dealers. (c)Retail sales, as typically incidental to contractors, in which a workshop is required for successful operation and in which the retail outlet or show room may in fact be an accessory use, such as, but not limited to: plumber, electrician, lighting fixtures, air conditioning and heating (including incidental sheet metal work), radio and television, interior decorator, re-upholstery and refinishing, sign painting and awnings. (d)Enclosed building for storage and repair of automobiles, trucks and construction equipment; food locker plant (including the cutting and packaging of meat or game, sale at retail, delivery of individual home orders, renting of individual lockers for home-customer storage of food, but excluding slaughtering or eviscerating thereof). (e)Wholesaling, warehousing, refrigerated and general storage. (f)Veterinary hospitals and kennels. (g)Outdoor recreation, such as: miniature golf, golf driving ranges, commercial swimming (a)Any principal use permitted in the D1 downtown core district. - D1 - Downtown Core District. This district is intended to contain the downtown's greatest concentration of development and serves as a focus for intensive pedestrian use. This district is appropriate for high-density mixed residential, office and commercial development. pools, outdoor theaters and canoe liveries. (3) Special exception uses pursuant to section 5:104. (a) The temporary outdoor sales or display of goods and services, not covered by section 5:10.15(h) that cannot meet the standards of section 5:10.15(f), may be approved as a special exception use pursuant to section 5:104. (b) A drive-thru facility that is an accessory to a permitted principal use in the C3 fringe commercial district, provided that the facility is not located between a street and the principal building, and the vehicular circulation to enter and exit the facility does not impair the general circulation on the site or the pedestrian circulation on and off the site.
Lot Frontage: 118
Lot Depth: 230
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Easement provides direct access across adjacent parking lot to Chalmers Ave.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,303 98,051 198,107
Median Age: 39.74 31.04 33.67
Households: 3,502 39,931 81,027


Photograph of Listing Agent

Michael L. Jurgenson, CCIM

Swisher Commercial CPIX Member
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