Description

Building and land on .80 acres, located at 1255 E. Michigan Avenue, Ypsilanti, MI, is on a very busy 5-lane road located between the Huron River and Ford Lake. There is an adjoining wooded lot on Cross Street in the back of the building, which abuts a residential neighborhood that is included in the sale. Excellent visibility from the road with pole signage.

The building and land are listed for $225,000. All offers will be presented to the owner.

Property in and around the building and land, under development and being renovated include a new YMCA building and a new Dollar store.

Property is zoned commercial. Parking lot is well maintained. Currently there are 13 parking spaces, two of which are handicapped spaces, with room for expansion. There is enough room to accommodate a possible drive-thru site. Property was surveyed at one time to divide the lot, split is possible if wanted.

Possible uses for the building: coffee shop, donut shop, medical office, insurance or real estate agency, franchise or pizzeria to name a few!

Seller’s current inventory of tobacco products, lotto, sports related products is available for purchase.

SELLER FINANCING TERMS: $150,000 DOWN, Land contract on the balance, 8% interest, over a short term 3-5 years note.

Posted Sep 21, 2016

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