For Sale
$1,510,000

4177 Varsity Dr Ann Arbor, MI 48108

11,050 SF Warehouse, Multi-Tenant, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 11,050-square-foot warehouse, located at 4177 Varsity Drive in Ann Arbor, Michigan, presents a compelling investment opportunity. Built in 1992, this single-building property sits on a 2.48-acre lot and boasts a desirable multi-tenant configuration with a NNN lease structure. The warehouse features a substantial 19'10" ceiling height, providing ample vertical space for storage and operations. Parking is readily available with 30 spaces on-site. The property benefits from convenient freeway access and is situated within a Class A industrial park, ensuring a prime location for business operations. The building is fully air-conditioned, offering a comfortable and efficient work environment. Further enhancing its appeal, the property offers potential for expansion, allowing for future growth and adaptation to evolving business needs. Utilities include 208 3-phase power. Taxes are $2.66 per square foot, and building insurance is $0.29 per square foot. While located in Ann Arbor, the property is assessed with Pittsfield Township taxes. The property is zoned BD. This is a rare opportunity to acquire a well-maintained, strategically located warehouse in a thriving Ann Arbor market. The asking price is $1,510,000.

Highlights

  • 208-volt, 3-phase power.
  • Annual property taxes: $2.66/SF.
  • Fully air-conditioned building.
  • Excellent freeway access.
  • Located in a Class A industrial park.
  • Ann Arbor address with Pittsfield Township tax rates.

Property Details for 4177 Varsity Dr

Property type
Warehouses, Industrial properties
Square Feet
11,050 SF
Year Built
1992
Buildings
1
Lot Size (sq. ft)
108,029 SF

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.22550604
Longitude
-83.72628111
4177 Varsity Dr, Ann Arbor, Michigan

FAQs

What type of property is this?
Warehouse - 11,050 SF Warehouse, Multi-Tenant, NNN Lease
Where is the warehouse located?
The property is located at 4177 Varsity Dr Ann Arbor, MI.
What is the asking price?
The asking price for this property is $1,510,000.
What are key features of this property?
This property features: 208-volt, 3-phase power.; Annual property taxes: $2.66/SF.; Fully air-conditioned building.
How can I contact the broker?
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4177 Varsity Dr
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