Catylist ID:
#30812618
1917 Federal Blvd
Retail-Commercial
for Sale
Also listed as Special Purpose
| Catylist Listing ID: | 30812618 |
| Property Subtypes: | Free-Standing Building, Other |
| Building Size (RSF): | 6,000 SF |
| Gross Land Area: | 0.67 Acres |
| Sale Price: | $998,000 |
| Unit Price: | $166.33 PSF |
| Ceiling: | 16 ft. |
| Property Use Type: | Business |
| Building Name: | Master Tech Appliance Service |
| Usable Size (USF): | 6,000 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/23/2022 |
Overview / Comments
|
Property is located in the City of Ann Arbor (C2B - Business Service District) and is approximately one-block west of West Stadium Blvd., a high-traffic business & services corridor with surrounding densely populated residential area. The 0.672 acre parcel is improved with a 6,000 sq. ft. building that has for many years served as the home of Master Tech Appliance Service. While the property has an industrial feel, the C2B business service district is designed to provide for certain types of commercial activities which have functional and economic relationships to a central business or fringe commercial district. Such activities will include wholesale suppliers retail and supply warehouses, motor vehicle major repair and service agencies, carports and other parking establishments, equipment and machinery dealers, building materials dealers, food processing plants, farm and garden supply stores, places of entertainment or recreation, public utility facilities and retail establishments related in a peripheral manner to those of the central business district. There is ample parking in front of the building and additional parking in the rear - including a fenced area currently rented on a monthly basis to the USPS for vehicle parking that generates additional monthly rental income for the Property owner. All public utilities are available at the Property. The C2B zoning also provides for Special Exception Uses such as marijuana retailers, processors, designated consumption and secure transport operations. A description of Special Exception Uses is included in the attached Marijuana Facility Basic Zoning Information Table. |
Attachments & Media
Additional Details
| Nearest MSA: | Ann Arbor |
| County: | Washtenaw |
| Submarket/Township: | Washtenaw W of 23 |
| Taxing Authority: | City of Ann Arbor |
| Tax ID/APN: | 09-09-31-208-032 |
| Zoning: | C2B BUSINESS SERVICE DISTRICT |
| Retail Clientele: | General, Family, Business, Recreation, Other |
| Property Located Between: | One-block west of West Stadium Blvd. |
| Property Visibility: | Excellent |
| Largest Nearby Street: | West Stadium Blvd. |
| Feet of Frontage: | 80 |
| Highway Access: | I-94, US-23, M-14 |
| Airports: | DTW, Ann Arbor |
| Site Description: | The site is flat with paved parking in front and rear, and additional fenced gravel lot for additional vehicle parking/storage |
| 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. Ann Arbor is a successful tech hub, attracting entrepreneurs, start-ups and tech giants such as Google. The talent pool and resources rival that of Silicon Valley but with a Midwestern culture and relatively lower cost of living than the Bay Area or New York City. Ann Arbor is the perfect climate for tech companies to find success, stability and growth. 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. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 6,000 SF |
| Property Condition: | Average |
| Year Built: | 1960 |
| Roof Type: | Flat |
| Construction/Siding: | Block |
| Total Parking Spaces: | 20 |
| Parking Type: | Surface |
| Parking Description: | Ample customer parking in front. Additional parking in rear. |
| Sprinklers: | None |
| Heat Type: | Natural Gas |
| Heat Source: | Central, Radiant |
| Air Conditioning: | Engineered System |
| Interior Description: | Approximately 1,500sf front office & service counter. Remainder of building is open floor shop/service space. |
| Zoning Description: | C2B business service district. (1)Intent. This district is designed to provide for certain types of commercial activities which have functional and economic relationships to a central business or fringe commercial district. Such activities will include wholesale suppliers retail and supply warehouses, motor vehicle major repair and service agencies, carports and other parking establishments, equipment and machinery dealers, building materials dealers, food processing plants, farm and garden supply stores, places of entertainment or recreation, public utility facilities and retail establishments related in a peripheral manner to those of the central business district. (2)Permitted principal uses. (a)Any principal use permitted in the D1 downtown core district. (b)Retail sales that may have service, repair, leasing or rental, or manufacturing facilities in connection therewith, including: new and used automobile dealers; boat and sporting good dealers; mobile home dealers; agricultural implement, garden supply and motorcycle dealers. (c)Retail sales, as typically incidental to contractors, in which a workshop is required for successful operation and in which the retail outlet or show room may in fact be an accessory use, such as, but not limited to: plumber, electrician, lighting fixtures, air conditioning and heating (including incidental sheet metal work), radio and television, interior decorator, reupholstery and refinishing, sign painting and awnings. (d)Enclosed building for storage and repair of automobiles, trucks and construction equipment; food locker plant (including the cutting and packaging of meat or game, sale at retail, delivery of individual home orders, renting of individual lockers for home-customer storage of food, but excluding slaughtering or eviscerating thereof). (e)Wholesaling, warehousing, refrigerated and general storage. (f)Veterinary hospitals and kennels. (g)Outdoor recreation, such as: miniature golf, golf driving ranges, commercial swimming pools, outdoor theaters and canoe liveries. (3)Special exception uses pursuant to section 5:104. (a)A drive-thru facility that is an accessory to a permitted principal use in the C2B business service district, provided that the facility is not located between a street and the principal building, and the vehicular circulation to enter and exit the facility does not impair the general circulation on the site or with pedestrian circulation on and off the site. (b)Automobile service and filling station and car washes. (4)Permitted accessory uses. (a)Those allowed in the R3 district. |
| Lot Frontage: | 80' |
| Lot Depth: | 366' |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Utilities |
| Legal Description: | Lot 30 Bedford Buttner Commercial Sub. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 15,224 | 96,687 | 152,549 |
| Median Age: | 38.12 | 32.68 | 35.01 |
| Households: | 7,057 | 38,831 | 61,643 |
| 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. |
