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Catylist ID: #30850271

Sale - School / Daycare / Church - Ypsilanti

1122 Walnut St, Ypsilanti, MI 48198
Special Purpose for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial
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Catylist Listing ID: 30850271
Property Subtypes: Assembly/Meeting Place
Status: Pending/Contingent
Building Size (RSF): 7,622 SF
Gross Land Area: 1.70 Acres
Sale Price: $550,000
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 7,622 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2023

Overview / Comments

Exceptional property utilized last 10 years for successful Child Care business. Previously Calvary Baptist Church.

Owner is relocating out-of-state and building is in turn-key condition for future childcare business or easily converted to school or church.

Some of existing furniture, fixtures & equipment are included in sale price.

Owner may also consider a long-term lease for qualified tenant.

Attachments & Media

  • GIS High-Density Residential 1118 & ...
  • Sale Brochure 1122 Walnut
  • Swisher Property Search
  • Property website
  • Tony Caprarese
Contact Listing Agent
  • Print/Download a Brochure
  • Email this Listing
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Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw E of 23
Taxing Authority: Ypsilanti Township
Tax ID/APN: K-11-03-463-014
Zoning: R-5
Property Located Between: E. Cross St. & E. Forest Ave.
Property Visibility: Fair
Largest Nearby Street: Michigan AVe./U.S. 12
Highway Access: Michigan Ave./U.S. 12/I-94
Airports: DTW, Ann Arbor, Willow Run
Site Description: Building is located in residential neighborhood with access into parking lot at end of Walnut St. & Oak St. cul-de-sacs.
Area Description: Ypsilanti Township (Y-Town), located east of Ann Arbor, is the largest township in Washtenaw County and the seventh largest in the State of Michigan. Y-Town has over 53,000 residents and spans 32 square miles with close proximity to Detroit, Detroit Metropolitan and Willow Run Airports, Eastern Michigan University, and the University of Michigan. Y-Town has partnered with the Michigan Economic Development Corporation, Ann Arbor SPARK, Michigan Small Business Development Center and the Ann Arbor/Ypsilanti Regional Chamber of Commerce, to guide our community in economic development and community growth. We have the benefit of sharing the community vibe, recreation, culinary and arts scene of the City of Ypsilanti as well as Ann Arbor as a progressive, vibrant and growing area.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Roof Type: Arched
Construction/Siding: Brick
Exterior Description: Main entrance and two end unit entrances, Manager's office, lounge, kitchen. Visitor bathrooms. Six (6) large meeting/class rooms. Childcare rooms all have private bathrooms. Large fenced-in playground area.
Parking Type: Surface
Parking Description: Surface lot - 20 parking spaces.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: R-1 to R-5 one-family residential districts 1. Intent: The intent the R-1 to R-3 one-family residential districts is to preserve open space and natural features while providing for an environment of predominantly low-density, one-family dwellings along with other residentially related facilities which serve the residents in the district. The intent the R-4 and R-5 one-family residential districts is to preserve and maintain existing neighborhoods of one-family dwellings along with other residentially related facilities to serve the residents in the district, including maintenance of community assets and re-use and rehabilitation of non-residential buildings 2. Use regulations: Section 420 sets forth permitted, accessory and special land uses within the R-1 to R-5 one-family residential districts. R-5 Permitted Uses include Adult/child family day care homes; Adult and child foster care family home; Parks, common greens, plazas, public gathering places, and open space; Keeping of more than four (4) dogs in one-family residential districts. Special Use Planning Commission Approval include Houses of worship, Primary and Secondary schools, Publicly owned and operated libraries, Bed and breakfasts operations, Child foster care family group home, Adult/child day care center + preschools. For more information, visit: https://library.municode.com/mi/ypsilanti_charter_township,_(washtenaw_co.)/codes/code_of_ordinances?nodeId=COOR_APXAZO_ARTIVDIRE_S406OMIREDI
Water Service: Municipal
Sewer Type: Municipal
Legal Description: per survey
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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,441 61,641 142,740
Median Age: 36.45 33.21 34.64
Households: 4,328 25,401 57,412

Contact

Photograph of Listing Agent

Tony Caprarese

Swisher Commercial
Contact me about this Listing
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Moody's assume any liability for errors or omissions.

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