5801 State StAnn Arbor, MI 48108

Property Details for 5801 State St

Lot size

5.00 AC

Property type

Office properties

Property subtype

Land

Description

This exceptional 5-acre commercial and industrial property, located at 5801 S State St, Ann Arbor, MI 48108 (Washtenaw County), presents a unique investment opportunity. Situated in Pittsfield Township and zoned BD (Business District Commercial), this parcel offers significant potential for a variety of uses. A preliminary site plan has already been completed, streamlining the development process. Permitted uses include office space, indoor recreation facilities, light manufacturing, technology centers/office research, basic research, design, and pilot or experimental product development. The property boasts convenient access to municipal water and sewer services. The assessed value is $273,700, with annual taxes totaling $13,255. The asking price is $470,000, and the seller is open to considering a 1031 exchange and offering financing to qualified buyers. The lot size is 5 acres (APN: L-12-21-300-012), and there's potential for splitting the land into two 2.5-acre parcels. This prime location in a thriving area makes this a highly attractive investment for developers and businesses seeking a strategic foothold in Ann Arbor. Don't miss this chance to acquire a versatile and well-situated commercial property.

Location Insight

City

Ann Arbor

County

Washtenaw

State

Michigan

Latitude

42.2027

Longitude

-83.7327

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