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2502 E Michigan Ave 10,849 sq ft Retail Property Ypsilanti, MI 48198 £670,329 (£61.79/sq ft)

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INVESTMENT HIGHLIGHTS

  • Great location along Michigan Ave.

EXECUTIVE SUMMARY

Completely updated and ready for your business with office space, showroom space and storage in the attached warehouse with an 18' wide by 14' high overhead door. 5 brand new furnaces were added in 2023 as well as a state of the art security system both inside and out. Thick concrete floors were also added in the main space. Custom lighting, new electrical, recoated driveway, new drywall, paint, updated bathrooms and landscaping are some of the other notable improvements done within the last year.

PROPERTY FACTS

Sale Type
Owner Occupier
Property Type
Retail
Property Subtype
Standalone
Property Size
10,849 sq ft
Costar Property Class
C
Year Built/Renovated
1967/2023
Price
£670,329
Price per sq ft
£61.79
Tenancy
Single
Number of Floors
1
Plot ratio
0.23
Total Plot Size
1.07 ac
Opportunity Zone
Yes
Use Class
B3 - General Business District
Parking
20 Spaces (1.84 Spaces per 1,000 sq ft Leased)
Frontage
182 ft on Michigan Ave

AMENITIES

  • Bus Route
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 10,849 sq ft
  • Retail
  • Standalone
  • Now

Now available for lease is a highly versatile and spacious commercial property located at 2502 E Michigan Ave, offered at just $9 per square foot. This well-positioned building is zoned RC, making it suitable for a wide range of commercial uses including auto services, warehouse, showroom, light industrial, or retail operations. The interior boasts a wide-open floor plan with ample square footage and flexibility for custom build outs, giving you the freedom to tailor the space to meet the exact needs of your business..

Space Size Space Use Position Available
1st Floor 10,849 sq ft Retail Standalone Now

1st Floor

Size
10,849 sq ft
Space Use
Retail
Position
Standalone
Available
Now

1st Floor

Size 10,849 sq ft
Space Use Retail
Position Standalone
Available Now

Now available for lease is a highly versatile and spacious commercial property located at 2502 E Michigan Ave, offered at just $9 per square foot. This well-positioned building is zoned RC, making it suitable for a wide range of commercial uses including auto services, warehouse, showroom, light industrial, or retail operations. The interior boasts a wide-open floor plan with ample square footage and flexibility for custom build outs, giving you the freedom to tailor the space to meet the exact needs of your business..

NEARBY MAJOR RETAILERS

Kroger
Vons

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-01-300-007
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£190,597
  • Listing ID: 34581635

  • Date on Market: 23/01/2025

  • Last Updated:

  • Address: 2502 E Michigan Ave, Ypsilanti, MI 48198

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