Catylist ID:
#30276496
High-Tech Office Building in Ann Arbor for Sale or Lease
Office
for Sale
Sale Pending
| Catylist Listing ID: | 30276496 |
| Property Subtypes: | Office Building |
| Status: | Pending |
| Building Size (RSF): | 48,673 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 10.87 Acres |
| Sale Price: | $3,125,000 |
| Unit Price: | $64.20 PSF |
| Ceiling: | 9 ft. |
| Property Use Type: | Investment, Vacant/Owner-User |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Last Updated: | 3/3/2021 |
Overview / Comments
|
Professional hi-tech office building located in Avis Farms Business Park on the south side of Ann Arbor. Easy access to I-94 and US-23. 15 minutes from downtown Ann Arbor and 10 minutes from downtown Saline. Adjacent to the Ann Arbor Municipal Airport. Located in Pittsfield Township with an Ann Arbor mailing address. This is a great opportunity for an owner/user or an investor. 48,673 SF building includes two large suites. 32,000 SF single floor suite includes lobby area, many private offices, conference room, kitchen, auditorium, full cafeteria, exercise room with showers, and two sets of restrooms. 16,000 SF two level suite, added in 2004, includes private offices, open space and floor-to-ceiling windows for ample sunlight. Restrooms on both floors. Building is also for lease. |
Attachments & Media
Financials
| Finance Data Year | 2017 |
|---|---|
| Tax Value Land | $2,154,215 |
| Assessed Value - Total($) | $2,265,500 (Annual) |
Additional Details
| Nearest MSA: | Ann Arbor |
| County: | Washtenaw |
| Submarket/Township: | Washtenaw W of 23 |
| Taxing Authority: | Pittsfield Township |
| Tax ID/APN: | L-12-20-100-006 |
| Zoning: | BD |
| Property Located Between: | Located on Avis Drive off State Street, between Ellsworth and Textile Roads. |
| Property Visibility: | Excellent |
| Highway Access: | I-94, US-23 |
| Airports: | Detroit Metro Airport |
| Site Description: | The building sits on 10.87 acres and is expandable. Beautiful landscaping with scenic pond next door and paved walking paths for employees and staff. The outdoor patio provides a relaxing area for lunches or cookouts. |
| Area Description: | The Ann Arbor area is a friendly community with big-city sophistication; a world-class educational and high-tech research center nestled in a quintessential college town; a close-knit community of charming neighborhoods with a rich mix of cultures. The Ann Arbor campus has plenty to inspire and entertain. Ranked as the #2 Best College Town in America, Ann Arbor and the University of Michigan go together like Maize and Blue! With more than 43,000 undergrad and graduate students, campus life is interwoven with city life. Although geographically small, the area is perhaps most renowned for its entertainment, athletics, cultural offerings, dining experiences and nightlife. On almost any given weekend, a visit to Ann Arbor will coincide with one of the many festivals and special events hosted in Ann Arbor. Two of the most recognizable traditions are the Ann Arbor Art Fair and University of Michigan football. Every July, the award-winning Ann Arbor Art Fair transforms the downtown streets into an art gallery featuring thousands of juried artists. In the fall, each football Saturday brings more than 100,000 people to town for tailgating and fill "The Big House" to watch the University of Michigan Wolverines. In the winter, holiday light festivals and the Ann Arbor Folk Festival are always crowd pleasers. April brings the thaw and a weekend unlike any other as we celebrate whimsy during FoolMoon and FestiFools. Described as an urban oasis, the Ann Arbor area is also the perfect four season destination for outdoor enthusiasts. You'll discover golf courses, trails groomed for hiking and cross-country skiing, some of the best canoeing and kayaking in southeastern Michigan along the twelfth nationally recognized water trail — the Huron River. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Year Built: | 1988 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Parking Type: | Surface |
| Parking Description: | Plenty of free on-site parking for employees and guests. |
| Total Parking Spaces: | 175 |
| Passenger Elevators: | 1 |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Zoning Description: | Intent. The BD Business District is intended to provide a zoning district that encourages creative, well planned, employment-intensive mixed research, office, and commercial development in a campus-like setting. The District encourages consistent and uniform site layouts, architecture designed to attract business and light industry that is clean and unobtrusive to surrounding properties, development opportunities for high skill jobs close to residential areas, thus reducing travel time and relieving any strain on the transportation infrastructure, expansion of employment opportunities by emphasizing employment-intensive uses; and providing a setting that is aesthetically pleasing. The District is intended to allow for limited retail uses with the primary purpose of serving the office space, research and development uses contained within each campus. |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | PI 20-1B (001,&-21-200-018) COM AT NE COR OF SEC 20, TH S 0-24-0 W 543.59 FT TO POB, TH S 0-24 W 42.99 FT, TH S 0-6-0 E 1028.87 FT, TH S 89-54-0 W 457.01 FT, TH N 0-6-0 W 818.65 FT, TH 451.61 FT ALG ARC OF CIR CUR TO RT, RAD 250 FT, CHORD N 51-39-0 E 392.66 FT & 151.69 FT ALG ARC OF CIR CUR TO LT, RAD 250 FT, CHORD N 86-1-3 E 149.37 FT TO POB T3S R6E 10.87 AC. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,275 | 43,103 | 144,829 |
| Median Age: | 36.76 | 38.05 | 34.99 |
| Households: | 662 | 18,684 | 58,697 |
| The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
