Catylist ID:
#30751432
Office / Lab / High Tech Building for Sale in Ann Arbor
Office
for Sale
Also listed as Industrial
| Catylist Listing ID: | 30751432 |
| Property Subtypes: | High-Tech, Office Building |
| Building Size (RSF): | 26,820 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 3.50 Acres |
| Sale Price: | $3,825,000 |
| Unit Price: | $142.62 PSF |
| Ceiling: | 19 ft. |
| Property Use Type: | Vacant/Owner-User |
| Building Name: | State Street Business Park |
| Class of Space: | Class A |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 6/2/2023 |
Overview / Comments
| Single story office, lab or high tech facility located in State Street Business Park. Includes office, lab with hoods, assembly & shipping/receiving functions, data room and two grade level doors. Currently has 9' and 12' drop ceilings. Building height of 19' to deck, 16' clear. 121 parking spaces with two entrances. 250 kw Kohler generator. |
Attachments & Media
Additional Details
| Nearest MSA: | Ann Arbor |
| County: | Washtenaw |
| Submarket/Township: | Washtenaw W of 23 |
| Taxing Authority: | Pittsfield Township |
| Tax ID/APN: | L-12-21-310-010 |
| Zoning: | PUD PLANNED UNIT DEVELOPMENT |
| Property Located Between: | Off State Street, between Ellsworth and Textile |
| Highway Access: | Easy access to I-94 via State Street. Access to US-23 via E. Michigan Ave/US-12. |
| Airports: | Located 2 miles from the Ann Arbor Airport. 25 minutes from DTW. |
| Area Description: | Pittsfield Township is a progressive community that provides an outstanding combination of housing, education, business and a vibrant quality of life. It interconnects its residential, retail, commercial, entertainment, cultural and recreational availability via personal and public modes of transportation. Pittsfield Township has immediate and easy access to major local and state highways. It provides advantages such as; having an Ann Arbor mailing address with much lower taxes, a diverse and exceptional small business community ranging from family-owned storefronts to international franchisees, and is home to numerous larger headquartered firms, including R&D and high-tech companies throughout the township. Pittsfield boasts a robust talent pool with over 50% of its population as being college educated with more than one out of every four residents possessing a graduate/professional degree. Residents, students and business persons alike have immediate access to education being situated between the University of Michigan, Eastern Michigan University and at the back door of Washtenaw Community College. Pittsfield Township is just minutes from downtown Ann Arbor, Ypsilanti’s exciting Depot Town, collegiate sporting events, world renowned health care, hospitality/accommodations for the avid traveler, and recreational opportunities such as golf, mountain biking, canoeing, hiking or just plain enjoying the beauty and relaxation of the natural scenery. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 26,820 SF |
| Parking Type: | Surface |
| Parking Description: | 121 parking spaces surrounding the building. |
| Total Parking Spaces: | 121 |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Zoning Description: | PITTSFIELD TWP – PUD ZONING A. Integrated Development Concept. A Planned Unit Development project is viewed as an integrated development concept. To that end, the provisions of this Article are not intended to be used as a device for avoiding the zoning requirements that would otherwise apply, but rather to allow flexibility and mixture of uses, and to improve the design, character, and quality of new development. The use of a Planned Unit Development to permit variations from other requirements of this ordinance shall only be approved when such approval results in improvements to the public health, safety, and welfare in the area affected, and in accordance with the intent of this Article. B. Purpose. A Planned Unit Development and the associated Planning and Development Regulations, as set forth herein, are designed to achieve the following purposes: 1. Provide flexibility in regulation of land development, resulting in a higher quality of land development that contributes to the social, economic, and environmental sustainability of the Township. 2. Provide for a compatible mixing of land uses. 3. Encourage innovation in land use planning, design, and development that responds to changing public needs. 4. Create stable neighborhoods by providing a variety and balance of housing types which improve the quality of residential environments. 5. Provide commercial, education, and recreational facilities and employment opportunities conveniently located in relation to housing. 6. Encourage provision of useful open space and long-term protection and conservation of natural features and resources. 7. Promote the efficient use and conservation of energy. 8. Encourage the use, redevelopment, and improvement of existing sites where current ordinances do not provide adequate protection and safeguards for the site or its surrounding areas, or where current ordinances do not provide the flexibility to consider redevelopment, replacement, or adaptive reuse of existing structures and sites. 9. Ensure that the increased flexibility of regulations over land development is subject to proper standards and review procedures. A. Allowable Uses. Uses permitted in a Planned Unit Development shall be compatible with the Master Plan, or any applicable corridor or subarea plans adopted by the Township. SECTION 6.03 FINAL SITE PLAN REQUIREMENTS A final site plan shall be submitted for approval for each phase of a Planned Unit Development as delineated on the approved preliminary site plan. Each final site plan shall be submitted and reviewed in accordance with, and shall meet all provisions of Article 9, herein. Final site plans shall conform to the approved preliminary site plan and all conditions attached thereto. SECTION 6.04 SUBDIVISION PLATS A. Single-Family Detached Residential Development. A preliminary or final site plan shall not be required for any part of a Planned Unit Development which is to be platted for single-family detached residential development. B. Conformance. Preliminary and final plats shall conform to the tentative preliminary plat and all conditions attached thereto. C. Pittsfield Subdivision Ordinance. Subdivision plats shall meet all requirements of the Pittsfield Township Subdivision Ordinance. SECTION 6.05 PERMITTED USES A. Allowable Uses. Uses permitted in a Planned Unit Development shall be compatible with the Master Plan, or any applicable corridor or subarea plans adopted by the Township. B. Uses in Compliance with Approved Site Plan/Plat. All use of land and buildings in a Planned Unit Development shall comply with the listing and location of uses shown on the approved Planned Unit Development application and preliminary site plan and/or approved plat, whichever is applicable. Uses and structures accessory to the listed uses shall be permitted. No other uses shall be permitted. |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | M.D. L3117 P254 ****FROM 1221300013 06/12/95 ****FROM 1221300014 06/12/95 M.D. L3851 P749 ****FROM 1221305005 04/06/99 UNIT 10 STATE STREET BUSINESS PARK CONDOMINIUM |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,349 | 43,515 | 130,587 |
| Median Age: | 35.24 | 36.44 | 35.81 |
| Households: | 1,627 | 17,966 | 54,056 |
| 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. |
