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2727 E Michigan Ave 12,890 SF Industrial Building Ypsilanti, MI 48198 $1,864,620 CAD ($144.66 CAD/SF)
Investment Highlights
- Unique opportunity for investor and/or future end user
- Leased to investment grade credit tenant through November2028 providing $120,000 NNN annually
- 3 OH doors accessing the warehouse area
- Prime visibility with significant Michigan Avenue frontage
- Warehouse includes additional office and conference room, fully equipped fitness room and LAV
- Site provides 30 asphalt parking spaces as well as ±1.5 acres of gravel parking and outdoor storage area
Executive Summary
12,890 SF office/warehouse building situated on 1.95 acres. Beautifully renovated building offering ±2,250 SF of office space,±10,650 SF of warehouse space and secured, fenced outdoor storage with semi-truck turnaround capability. Warehouse ceiling heights range from 12 feet to 16 feet. Close proximity to I-275, M-23 and approximately 1/4 mile from Willow Run bypass to I-94.
Property Facts
| Price | $1,864,620 CAD | No. Stories | 1 |
| Price Per SF | $144.66 CAD | Year Built | 1970 |
| Sale Type | Investment | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 4.17/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 1.95 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 12,890 SF | ||
| Zoning | B-3 | ||
| Price | $1,864,620 CAD |
| Price Per SF | $144.66 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.95 AC |
| Rentable Building Area | 12,890 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Tenancy | Single |
| Parking Ratio | 4.17/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | B-3 |
Amenities
- Fenced Lot
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 11-01-340-035 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $440,040 CAD |
Property Taxes
Parcel Number
11-01-340-035
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$440,040 CAD
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2727 E Michigan Ave
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