For Sale
$375,000

5240 Territorial Rd Ann Arbor, MI 48105

Charming 2-story office building, ideal for various uses.

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 1,628 square foot office building, situated on a desirable 1.51-acre corner lot in Ann Arbor's Salem Township (zip code 48105), presents a unique investment opportunity. Built in 1925, this two-story building currently functions as a dental office but offers remarkable versatility for adaptation to general or medical office spaces. The property is zoned OC (Office Commercial), allowing for a range of professional uses. Key features include a full basement providing ample storage, extensive on-site parking, and the potential for future expansion given the generous lot size. The address is 5240 North Territorial, Ann Arbor, Michigan. The Assessor's Parcel Number (APN) is A-01-30-300-029/043. This charming farmhouse-style building offers a blend of character and functionality, making it an attractive option for a variety of businesses seeking a well-located and adaptable space. The property's location in Ann Arbor, Michigan, provides easy access to major roadways and a thriving professional community. The building's existing infrastructure and zoning make it a ready-to-occupy or easily renovated space, presenting a compelling opportunity for immediate use or future development. The asking price is $375,000.

Highlights

  • 1,628 SF farmhouse-style office building, currently used as a dental office.
  • 1.51-acre corner lot in Ann Arbor's Salem Township (48105).
  • Versatile space suitable for dental, general, or medical offices.
  • Full basement offering ample storage.
  • Ample on-site parking.
  • Easy expansion potential due to large lot size.

Property Details for 5240 Territorial Rd

Property type
Office properties, Medical offices
Square Feet
1,628 SF
Year Built
1925
Buildings
1
Stories
2
Lot Size (sq. ft)
65,776 SF

Location Insight

City
Ann Arbor
County
MI
State
Michigan
Latitude
42.3295957
Longitude
-83.7092861
5240 Territorial Rd, Ann Arbor, Michigan

FAQs

What type of property is this?
Office property - Charming 2-story office building, ideal for various uses.
Where is the office property located?
The property is located at 5240 Territorial Rd Ann Arbor, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,628 SF farmhouse-style office building, currently used as a dental office.; 1.51-acre corner lot in Ann Arbor's Salem Township (48105).; Versatile space suitable for dental, general, or medical offices.
How can I contact the broker?
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5240 Territorial Rd
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