Catylist ID:
#30808166
| Catylist Listing ID: | 30808166 |
| Property Subtypes: | Office, Retail, Other |
| Gross Land Area: | 0.47 Acres |
| Sale Price: | $100,000 |
| Unit Price: | $212,765 Per Acre |
| In Opportunity Zone? | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/28/2023 |
Overview / Comments
|
Vacant lot with commercial development potential. Zoned for retail, service or office providing professional services such as insurance or banking. Excellent visibility located half mile to I-94 on/off Michigan Avenue interchange. Michigan Ave/US12 is one block away with 35,000 VPD. Lot frontage 118' with 173' of depth. |
Attachments & Media
Additional Details
| Nearest MSA: | Ann Arbor |
| County: | Washtenaw |
| Submarket/Township: | Washtenaw E of 23 |
| Taxing Authority: | Ypsilanti Township |
| Tax ID/APN: | K-11-39-252-008 |
| Zoning: | B3 GENERAL COMMERCIAL |
| Market Type: | Medium |
| Property Located Between: | E. Ellsworth & Michigan Ave. |
| Side of Street: | East |
| Road Type: | Paved |
| Property Visibility: | Excellent |
| Largest Nearby Street: | U.S.12/Michigan Ave. |
| Feet of Frontage: | 118 |
| Traffic/Vehicle Count: | 17,000 |
| Highway Access: | I-94 on/off Michigan Ave. exit less than one-half mile. Michigan Ave./US12 BR w/35,000 vpd is 1-block away. |
| Site Description: | Vacant lot. Previously used for residential. |
| Area Description: | Core business intersection includes new Dunkin Donuts, grocery store, Walmart and many other retail and service related businesses. Heavy use east-west and north-south traffic corridors for "going to & coming home" traffic. |
| Lot Frontage: | 118 |
| Lot Depth: | 173 |
| Zoning Description: | B3 - General Commercial. The B-3 general business districts are designed to provide sites for more diversified business types which would often be incompatible with the pedestrian movement in the local business district or the community business district. • Sec. 1101. - Principal uses permitted: • In a general business district, no building or land shall be used and no building shall be erected except for one or more of the following specified uses unless otherwise provided in this ordinance: 1.Any retail business or service establishment permitted in B-1 and B-2 districts as principal uses permitted, subject to the regulations applicable in the following sections of this ordinance. 2.Any retail business or service establishment permitted and as regulated in B-1 and B-2 districts as uses permitted subject to special conditions. 3.Bus passenger stations. 4.New and used car salesroom, showroom or office. 5.Other uses similar to the above uses. 6.Other structures customarily incident to the above permitted uses. 7.Secondhand apparel businesses whose principal activity is devoted to the sale of secondhand apparel. Pawnbrokers, secondhand dealers, and junk dealers are not uses permitted under this section. (Ord. No. 97-169, 6-17-97) |
| Topography: | Gently Sloping |
| Easements Description: | Triangle Park 15' wide unused easement between 639 & 653 S. Hewitt properties. |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,635 | 76,541 | 174,896 |
| Median Age: | 33.59 | 33.53 | 32.76 |
| Households: | 4,156 | 31,986 | 68,443 |
| 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. |
