12 E Forest Ave - Warehouse FOR SALE


Ypsilanti, MI 48198- Depot Town
$1,500,000 USD
734-662-3676
12 E Forest Ave, Ypsilanti, MI for Sale
$1,500,000 USD
Warehouse - FOR SALE
1/3
null | Request Cap Rate

12 E Forest Ave
Ypsilanti, MI 48198
Depot Town


HIGHLIGHTS

  • Investment Opportunity
  • Located in Historic Depot Town, Ypsilanti
  • Versatile space suitable for various uses
  • 58,925 square feet building
  • Potential for redevelopment
  • Located walking distance to retail and restaurant scene

OVERVIEW

Exceptional opportunity to own a substantial property near the vibrant heart of Ypsilanti’s Depot Town. Spanning 58,925 square feet, this property offers outstanding potential in one of the area’s most active and evolving districts. Located just steps from a thriving mix of retail, restaurants, and entertainment, the site is ideally positioned to complement the planned Freight house Plaza redesign and ongoing investment throughout Depot Town and the Huron River corridor. Currently zoned and available for industrial use, the City also supports a zoning change for creative and community-oriented redevelopment. It would welcome entertainment-focused uses or other venues complementing nearby Depot Town and Riverside Park. Planning officials’ flexibility opens the door for a broad range of adaptive reuse, from experiential retail and event space to mixed-use or destination-driven uses that embrace and enhance the surrounding neighborhood energy.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$25 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Event Venue/Special Purpose

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

3

DRIVE INS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

2.56

LAND SF

111,514

ZONING

PMD

APN/PARCEL ID

11-04-461-002

ASK ABOUT THIS PROPERTY

Joe PalmsSwisher CommercialMore Info
734-662-3676

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Joe PalmsSwisher CommercialMore Info
734-662-3676

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.