Catylist ID:
#30841981
Retail | Office | Service for Lease in Downtown Ypsilanti
Retail-Commercial
for Lease
Also listed as Office
| Catylist Listing ID: | 30841981 |
| Property Subtypes: | Street Retail, Other |
| Contiguous Space: | 1,986 SF |
| Building Size (RSF): | 1,986 SF |
| Gross Building Area: | 5,958 SF |
| Lease Rate: |
$18.50 PSF (Annual) |
| Base Monthly Rent: | $3,061 |
| Lease Types: | Modified Gross |
| In Opportunity Zone? | Yes |
| Last Updated: | 6/2/2023 |
Overview / Comments
|
Exceptional opportunity to be in the heart of downtown Ypsilanti along well traveled Michigan Avenue. Currently being utilized as an open floor retail space, but can easily be transformed into office. Well maintained building with access to street parking directly in front and municipal parking directly in the rear. Plenty of storage space in basement. Surrounded by neighboring businesses and upper residential units, this space is less than one mile from the Eastern Michigan University campus. Exemplary location for almost any business! Available July '23. |
Attachments & Media
Expand All Available Space
| Suite: 1 | 1,986 SF | $18.50 PSF (Annual) Modified Gross |
| Space Available: | 1,986 SF | |
| Lease Rate: |
$18.50 PSF (Annual) $3,061 (Monthly) |
|
| Lease Type: | Modified Gross | |
| Date Available: | 7/1/2023 | |
| Space Type: | Relet | |
Additional Details
| Nearest MSA: | Ann Arbor |
| County: | Washtenaw |
| Submarket/Township: | Washtenaw E of 23 |
| Taxing Authority: | City of Ypsilanti |
| Tax ID/APN: | 11-11-40-485-012 |
| Zoning: | C - CENTER |
| Retail Clientele: | General, Family, Business, Traveler, Tourist |
| Property Located Between: | Huron St & Hamilton St |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Michigan Ave |
| Highway Access: | One mile from I-94 |
| Airports: | 20 minutes from DTW |
| Area Description: | Ypsilanti is a progressive city with a great community vibe, culinary and arts scene. Ypsilanti has the second largest contiguous historic district in the state of Michigan which includes both downtown Ypsilanti, along Michigan Avenue, and the Depot Town area adjacent to Frog Island Park and Riverside Park, which features many specialty shops, bars and grills, and a farmers' market. Ypsilanti’s Depot Town neighborhood is receiving national attention after East Cross Street was named to the American Planning Association’s (APA) list of 15 “Great Places in America” for 2018. The history of Ypsilanti is still present and vibrant in today’s shops, dining and entertainment scene. With the Downtown and Depot Town districts only minutes apart they utilize their beautifully preserved historic areas to add interest to the variety of cultures present in the art, music and shopping. Ypsilanti is home to Eastern Michigan University and expands beyond the downtown districts to include 23,000+ acres of public park and recreation areas that help make up the Washtenaw County area. You’re just minutes from town and can find golfing, mountain biking, canoeing, hiking or natural scenery to relax in. Alternatively, you can travel to neighboring Ann Arbor (6 miles west of Ypsilanti) or Detroit (18 miles east of Ypsilanti) for sporting events, concerts and cultural excursions. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 3 |
| Typical SF / Floor: | 1,986 SF |
| Property Condition: | Excellent |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Other |
| Zoning Description: | C – Center Sec. 122-445. Purpose. These are mixed-use areas with historic buildings. These are the places where people shop, go to school, live, come to work, visit, drop by City Hall, eat, gather and have fun. They host events that bring thousands of visitors each year and bring the City together as a community. The intent of the zoning district is preserve the urban form, walkable nature and vibrant mix of uses in these areas. Permissible Uses - Business and professional offices and services; financial services, including banks; personal service establishments; body art facilities; indoor recreation, performance venues/theaters; municipal, county, regional & state service uses; child care centers; laundromats; medical or dental clinics; medical marijuana dispensary; retail stores; resale stores; arts & crafts studios; food stores, excluding sale of alcohol; carry-out and/or delivery restaurant; café or coffee shop; apartments located above ground floor of permitted nonresidential uses. |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 16,310 | 73,892 | 142,846 |
| Median Age: | 28.89 | 33.04 | 34.94 |
| Households: | 6,477 | 30,750 | 58,120 |
| 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. |
