$425,000
$449,900
5.5%For more information regarding the value of a property, please contact us for a free consultation.
114 W Michigan Avenue Ypsilanti, MI 48197
3 Baths
3,135 SqFt
Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,135 sqft
Price per Sqft $135
Municipality Ypsilanti City
MLS Listing ID 24029483
Sold Date 09/20/24
Full Baths 3
Year Built 1860
Annual Tax Amount $7,835
Tax Year 2023
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 20x86
Property Description
Absolute gem of an investment with 3 (fully leased) investment properties packed into 1 beautiful building! Great location, retail front, with1,854 sq. ft. of space. The store front has a large showroom, kitchen, office, back entrance, laundry and full-length Michigan basement. On the second floor, 2 beautiful apartment units available. Both full of personality from the exposed brick and high ceilings to little artsy touches and heaps of sunshine pouring in from the tall windows overlooking downtown's Michigan Avenue. Unbeatable location downtown. Not to mention, it's close to the AATA bus line, EMU main campus, 5-minute drive to St. Joseph hospital, 10-minute drive to Ann Arbor/UofM campus and easy access to all Expressways.
*Neighboring building possibly available for sale as well!
Location
State MI
County Washtenaw
Area Ann Arbor/Washtenaw - A
Direction Huron St. to Michigan Ave.
Interior
Heating Forced Air
Exterior
Utilities Available Natural Gas Connected, Electricity Connected, Water Available, Sewer Available
Waterfront No
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Ypsilanti
Others
Tax ID 11-11-40-485-018
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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