For Sale
$429,000

775 Grove St Ypsilanti, MI 48198

Bank Building, 3,895 SF, 30 Parking Spaces

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 3,895 square foot retail property, located at 775 S Grove Street in Ypsilanti, Michigan, presents a unique investment opportunity. Previously a bank, this building boasts multiple points of entry and exit, enhancing accessibility and convenience for potential tenants. The property includes a significant advantage with a drive-thru, a feature highly sought after in today's market, along with ample parking for 30 vehicles. Excellent street visibility ensures high traffic and exposure for your business. A full basement extends throughout the entire building, offering significant additional space for storage or expansion. The property is zoned GC – General Corridor, allowing for a wide range of uses, including office space, medical facilities, drive-thru restaurants, and childcare centers. This versatility makes it an ideal investment for diverse business ventures. Furthermore, the property benefits from its location near a planned new shopping center to the east, promising increased foot traffic and synergistic growth opportunities. The property's APN is 11-11-15-225-004. The asking price is $429,000. This is a rare opportunity to acquire a well-located, versatile commercial property in a growing area.

Highlights

  • 3,895 SF retail building at 775 S Grove Street, Ypsilanti, MI.
  • Multiple points of entry/exit and a drive-thru.
  • Ample parking (30 spaces) and excellent street visibility.
  • Full basement for storage or expansion.
  • GC zoning allows for diverse uses (office, medical, restaurants, childcare).
  • Near a planned shopping center.

Property Details for 775 Grove St

Property type
Retail properties, Banks
Square Feet
3,895 SF

Location Insight

City
Ypsilanti
County
Washtenaw
State
Michigan
Latitude
42.2294641
Longitude
-83.5971306
775 Grove St, Ypsilanti, Michigan

FAQs

What type of property is this?
Retail property - Bank Building, 3,895 SF, 30 Parking Spaces
Where is the retail property located?
The property is located at 775 Grove St Ypsilanti, MI.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: 3,895 SF retail building at 775 S Grove Street, Ypsilanti, MI.; Multiple points of entry/exit and a drive-thru.; Ample parking (30 spaces) and excellent street visibility.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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775 Grove St
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