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Investment Highlights

  • Investment Opportunity
  • Versatile space suitable for various uses
  • Potential for redevelopment
  • Located in Historic Depot Town, Ypsilanti
  • 58,925 square feet building
  • Located walking distance to retail and restaurant scene

Executive Summary

Exceptional opportunity to own a substantial property near the vibrant heart of Ypsilanti’s Depot Town. Spanning 58,925 square feet, this property offers outstanding potential in one of the area’s most active and evolving districts.
Located just steps from a thriving mix of retail, restaurants, and entertainment, the site is ideally positioned to complement the planned Freight house Plaza redesign and ongoing investment throughout Depot Town and the Huron River corridor.
Currently zoned and available for industrial use, the City also supports a zoning change for creative and community-oriented redevelopment. It would welcome entertainment-focused uses or other venues complementing nearby Depot Town and Riverside Park. Planning officials’ flexibility opens the door for a broad range of adaptive reuse, from experiential retail and event space to mixed-use or destination-driven uses that embrace and enhance the surrounding neighborhood energy.

Property Facts

Price $2,135,595 CAD
Price Per SF $36.24 CAD
Sale Type Owner User
Sale Conditions
High Vacancy Property
  • Redevelopment Project
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 2.56 AC
Rentable Building Area 58,925 SF
No. Stories 1
Year Built 1940
Tenancy Single
Parking Ratio 0.42/1,000 SF
No. Dock-High Doors/Loading 3
Zoning PMD - Production, Manufacturing and Distribution District (PMD): Outlying neighborhoods (outlying residential and multiple-family) and special districts.

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 58,925 SF
  • Industrial
  • Shell Space
  • Now

58,925 square feet building. Versatile space suitable for various uses. Potential for redevelopment. Across from Freighthouse Plaza. High visibility and easy access to Michigan Ave and I-94.

Space Size Space Use Build-Out Available
1st Floor 58,925 SF Industrial Shell Space Now

1st Floor

Size
58,925 SF
Space Use
Industrial
Build-Out
Shell Space
Available
Now

1st Floor

Size 58,925 SF
Space Use Industrial
Build-Out Shell Space
Available Now

58,925 square feet building. Versatile space suitable for various uses. Potential for redevelopment. Across from Freighthouse Plaza. High visibility and easy access to Michigan Ave and I-94.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
11-04-461-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$430,820 CAD
  • Listing ID: 32694500

  • Date on Market: 2024-08-05

  • Last Updated:

  • Address: 12 E Forest Ave, Ypsilanti, MI 48198

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