Huron Parkway Medical Office Condo

Office for Sale
Catylist Listing ID: 30827402
Property Subtypes: Medical
Condo? Yes
Building Size (RSF): 1,878 SF
Gross Building Area: 11,300 SF
Gross Land Area: 1.27 Acres
Sale Price: $395,000
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User
Building Name: Parkway Professional Building
Class of Space: Class B
Usable Size (USF): 1,878 SF
Sale Terms: Cash to Seller
Last Updated: 5/23/2023

Overview / Comments

Clean, fresh second floor condominium for sale for medical or allied medical use in freestanding multi-tenant building. Ample paved parking on site. Suite's footprint of 1,878 square feet is result of combining two of buildings original medical suites into one large office. Located just off Washtenaw Avenue on Ann Arbor's east side.

Attachments & Media

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $11,285 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: City of Ann Arbor
Tax ID/APN: 09-12-02-209-085
Is Condo?: Yes
Zoning: OFFICE (O)
Property Located Between: Washtenaw Avenue & Packard Street
Property Visibility: Excellent
Highway Access: Located a mile west of US-23/Washtenaw interchange and 1.5 miles north of I-94.expressway.
Airports: 2.5 miles from Ann Municipal Arbor Airport
Site Description: This medical condo is situated in a 3-story professional building, originally built in 1971, that is situated on a 1.25 acre parcel. Bordered by another professional building on one side and by an apartment building on the other. Condominium dues for Unit 2B are $1,150/month, including water & electric. Each owner in the building is allocated secure storage in building basement.
Area Description: Huron Parkway is a professional corridor, bisecting Washtenaw Avenue on Ann Arbor’s southeast side. Physicians, dentists, veterinarians and architects, etc. proliferate. Upscale Huron Village and Arbor Hills shopping centers are within a block of the site (Barnes & Noble, Whole Foods, Sur LaTable, Panera Bread…). Accessible from US-23 expressway one mile to the east.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 3,766 SF
Year Built: 1971
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Asphalt parking lot surrounds building on three sides.
Passenger Elevators: 1
Sprinklers: None
Heat Type: Natural Gas
Air Conditioning: Engineered System
Interior Description: Recent interior suite renovation re-designed two suites and combined them into one medical office. Combines carpeted and plank flooring, glass enclosed reception area overlooking spacious patient waiting room. One of the two restrooms is equipped with a full shower. Also includes a full kitchen. See attached photos.
Zoning Description: City of Ann Arbor Office (O).
Lot Frontage: 150 feet
Lot Depth: 370 feet.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Unit 5 Parkway Professional Building. Condo

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,123 103,522 200,860
Median Age: 37.95 31.21 33.85
Households: 5,349 43,064 82,239

Contact

Photograph of Listing Agent

Bill Milliken, CIPS, CCIM

Milliken Realty Company CPIX Member
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