For Lease
Request a price

401 Michigan Ave Ypsilanti, MI 48198

1,370 sq ft Single-Tenant Retail Building

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 1,370 square foot retail space, located at 401 E Michigan Ave in Ypsilanti, Michigan, presents a unique investment opportunity. Situated in Washtenaw County and conveniently near N Grove Street, this single-tenant property boasts a prime commercial/retail zoning designation. Built in 1940, the building offers a rich history and established presence within the community. The property's size makes it ideal for a variety of retail uses, and its location ensures high visibility and accessibility for customers. The building's single-tenant occupancy simplifies management and provides a stable income stream. This property is perfect for an owner-occupier seeking a well-established location or an investor looking for a strong return. The address is easily accessible and benefits from excellent visibility on E Michigan Ave. The property's municipal approval as a provisioning center adds significant value and potential for specialized retail operations. This is a rare opportunity to acquire a well-positioned retail space in a thriving Michigan community. The property's 1,370 square feet provides ample space for a variety of retail businesses, while its single-tenant status offers ease of management and predictable income. The building's age adds character and charm, while its location ensures high foot traffic and visibility. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is zoned for commercial/retail use, offering flexibility for a range of businesses. This is a chance to own a piece of Ypsilanti's vibrant commercial landscape.

Highlights

  • Municipal-approved adult-use provisioning center for sale; license and real estate included.
  • Buyer can purchase the license separately and lease the real estate with an absolute NNN lease; build-to-suit or tenant incentives available.
  • Suitable for traditional retail; cannabis use not required.
  • Prime downtown Ypsilanti location near Eastern Michigan University, Washtenaw Community College, and IHA Trinity Health.
  • Walkable neighborhood with local and national retailers, surrounded by a dense residential population.

Property Details for 401 Michigan Ave

Property type
Retail properties
RSF (Rentable sq. ft)
1,370 SF
Year Built
1940

Unit(s) available at that property

Space
Size
1,370 SF

Location Insight

City
Ypsilanti
County
Washtenaw
State
Michigan
Latitude
42.2414136
Longitude
-83.6037159

FAQs

What type of property is this?
Retail property - 1,370 sq ft Single-Tenant Retail Building
Where is the retail property located?
The property is located at 401 Michigan Ave Ypsilanti, MI.
What are key features of this property?
This property features: Municipal-approved adult-use provisioning center for sale; license and real estate included.; Buyer can purchase the license separately and lease the real estate with an absolute NNN lease; build-to-suit or tenant incentives available.; Suitable for traditional retail; cannabis use not required.
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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
401 Michigan Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message