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950-954 Ecorse Rd

4,600 SF 100% Leased Retail Building Ypsilanti, MI 48198 £179,964 (£39/SF)

Investment Highlights

  • Charming 4,600 SF free-standing retail building.
  • Ample private parking for customer convenience.
  • Prominent pylon sign for high visibility and brand exposure.
  • Zoned NC (Neighborhood Corridor).

Executive Summary

Discover the prime opportunity of this charming 4,600 SF free-standing retail building, conveniently located in the Ypsilanti Twp area. Unique property with two (2) 2,300 SF units; the East suite currently occupied by Potter's House church on a month-to-month basis at $1,000. This property holds great potential for a small investor or an owner-occupied professional service business. Zoned NC (Neighborhood Corridor), this property presents a versatile canvas for retail/street retail investors seeking a strategic location. The prominent pylon sign ensures high visibility and brand exposure, complemented by ample private parking for customer convenience.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Tenants option to buy property
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,600 SF
Building Class
C
Year Built
1985
Price
£179,964
Price Per SF
£39
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.56
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
NC - Neighborhood Center
Parking
8 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
67 ft on Ecorse Rd

Amenities

  • Bus Route
  • Pylon Sign

Nearby Major Retailers

Citizens Bank
Rent-A-Center
KeyBank
Kroger

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-10-386-005
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£137,946
  • Listing ID: 25453700

  • Date on Market: 12/04/2022

  • Last Updated:

  • Address: 950-954 Ecorse Rd, Ypsilanti, MI 48198

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