2727 E Michigan Ave - Warehouse FOR SALE
Ypsilanti, MI 48198 |
$1,350,000 USD
248-760-7144
2727 E Michigan Ave
Ypsilanti, MI 48198
HIGHLIGHTS
- Unique opportunity for investor and/or future end user
- Prime visibility with significant Michigan Avenue frontage
- Leased to investment grade credit tenant through November2028 providing $120,000 NNN annually
- Warehouse includes additional office and conference room, fully equipped fitness room and LAV
- 3 OH doors accessing the warehouse area
- Site provides 30 asphalt parking spaces as well as ±1.5 acres of gravel parking and outdoor storage area
OVERVIEW
12,890 SF office/warehouse building situated on 1.95 acres. Beautifully renovated building offering ±2,250 SF of office space,±10,650 SF of warehouse space and secured, fenced outdoor storage with semi-truck turnaround capability. Warehouse ceiling heights range from 12 feet to 16 feet. Close proximity to I-275, M-23 and approximately 1/4 mile from Willow Run bypass to I-94.
FOR SALE DETAILS
PRICE
$1,350,000 USD
PRICE/SF
$105 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1970
UTILITIES
Gas - Natural, Water - City, Sewer - City, Heating
CLEAR CEILING HT
14 Ft
DOCKS
-
DRIVE INS
2
PARKING SPACES
30
LAND DETAILS
LAND ACRES
1.95
LAND SF
84,942
ZONING
B-3
APN/PARCEL ID
11-01-340-035
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248-760-7144
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248-760-7144
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