Property & Business for Sale
Retail-Commercial
for Sale
Catylist Listing ID: |
30704470 |
Property Subtypes: |
Convenience Store
|
Building Size (RSF): |
4,332 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
0.79 SF
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Sale Price: |
$1,400,000 |
Unit Price: |
$323.18 PSF |
Property Use Type: |
Net Leased Investment (NNN), Vacant/Owner-User |
Building Name: |
Williams Party Store |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
3/4/2021 |
Overview / Comments
Established convenience store & deli located on busy corner of W Michigan Ave & Textile Road with almost immediate access to US-23. High traffic counts, easy ingress/egress & plenty of parking.
Ideally located in Pittsfield Township, surrounded by established national & local retail and residential neighborhoods. Minutes to Ypsilanti, Saline and Ann Arbor.
Property and business to be sold simultaneously, cannot be purchased separately. Includes liquor license. Do not approach employees. All showings must be accompanied by listing Broker.
Additional information provided with signed confidentiality agreement.
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Additional Details
Nearest MSA: |
Ann Arbor |
County: |
Washtenaw |
Submarket/Township: |
Washtenaw W of 23 |
Taxing Authority: |
Pittsfield Township |
Tax ID/APN: |
L -12-23-300-021, L -12-23-300-044 |
Zoning: |
FB: FORM-BASED MIXED USE |
Retail Clientele: |
General, Family, Business, Traveler, Convention, Other |
Property Located Between: |
Corner of Textile Road & W Michigan Ave |
Property Visibility: |
Excellent |
Largest Nearby Street: |
W Michigan Ave |
Feet of Frontage: |
238 |
Traffic/Vehicle Count: |
28,329 |
Highway Access: |
US-23 |
Airports: |
Detroit Metro, Willow Run & Ann Arbor Municipal |
Tenancy: |
Single Tenant |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Property Condition: |
Good |
Year Built: |
1985 |
Roof Type: |
Gable |
Construction/Siding: |
Brick |
Total Parking Spaces: |
20 |
Parking Ratio: |
4.4 (per 1000 SF) |
Parking Type: |
Surface |
Sprinklers: |
None |
Heat Type: |
Natural Gas |
Heat Source: |
Central |
Air Conditioning: |
Package Unit |
Internet Access: |
Cable |
Zoning Description: |
The Master Plan identified focus development areas within the Township that place greater emphasis on regulating urban form and character of development as well as use and intensity of use. Within these focus areas the Township encourages development with a mix of uses, including public open space, in order to provide transit oriented development in a sustainable way. The Form-Based Mixed Use Districts are intended to implement the vision, goals, and objectives of the Master Plan and any other applicable Plans. |
Lot Frontage: |
237.67 |
Lot Depth: |
288.03 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Easements: |
Other |
Easements Description: |
available with title commitment |
Land Ownership: |
owned |
Legal Description: |
COM AT S 1/4 COR SEC 23, TH N 01-15 W 250.94 FT, TH N 83-14 W 615.45 FT TO POB, TH N 01-36 E 287.55 FT, TH S 57-32 W 137 FT, TH S 32-28 E 55.47 FT, TH S 01-05 W 46.78 FT, TH N 88-55 W 52.50 FT, TH S 01-13 W 105.51 FT, TH S 83-14 E 134.33 FT TO POB.
COM AT S 1/4 COR SEC 23, TH N 01-26-50 W 250.94 FT, TH N 83-25-50 W 749.78 FT TO A POB, TH N 01-13-00 E 105.51 FT, TH S88-55-00 E 52.50 FT, TH N 01-05-00 E 46.78 FT, TH N 32-28-00 W 55.47 FT, TH SW'LY ON S LN OF MICH AVE 362.8 FT, TH 280.60 FT ALNG ARC OF CURV-RT-RAD1321.41 FT - CH S 89-30-50 E 280.07 FT TO THE POB, EXC THAT PT WEST OF A LN DESC AS; COM AT S 1/4 COR SEC 23, TH N 01-26-50 W 250.94 FT, TH N 83-25-50 W 750.00 FT, TH N 83-39-12 W 9.52 FT TO A POB, TH N 25-34-22 W 200.00 FT TO THE POE. |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
1,619 |
39,728 |
151,150 |
Median Age: |
34.3 |
35.29 |
34.42 |
Households: |
587 |
16,321 |
61,446 |
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