100 Ann Arbor StSaline, MI 48176
- Commercial real estate
- 0.10 AC
Property Details for 100 Ann Arbor St
- Lot size
- 0.10 AC
- Zone code
- D-1
- Property type
- Commercial real estate
- APN
- 18-18-01-153-030
- APU
- 181801153030
Description
This exceptional industrial property, located at 100 S Ann Arbor in the heart of Saline, Michigan, presents a unique investment opportunity. Spanning 4,594 square feet on a 0.15-acre lot, the building currently houses two established and successful businesses, ensuring a consistent income stream. The sale includes two fully updated, two-bedroom, one-bathroom apartments, providing additional rental income potential. All building systems and components have undergone comprehensive updates within the last two years, minimizing immediate maintenance needs and maximizing efficiency. The sale is contingent upon the existing businesses remaining in place and leasing from the new owner, providing immediate cash flow and a stable tenant base. This prime downtown Saline location offers excellent visibility and accessibility, making it an ideal investment for a discerning buyer seeking a blend of commercial and residential income. The property's recent renovations, combined with its strong tenant occupancy and desirable location, represent a compelling opportunity for significant return on investment. The asking price is $1,100,000. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $853,534
- Hospitality
- $781,832
- Educational
- $650,475
- Medical
- $672,846
- Retail
- $1,011,850
Location Insight
- City
- Saline
- County
- Washtenaw
- State
- Michigan
- Latitude
- 42.1661
- Longitude
- -83.7815
- CBSA code
- 11460
- CBSA name
- ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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