100 Ann Arbor StSaline, MI 48176

  • Commercial real estate
  • 0.10 AC
For Sale
$1,100,000 View listing

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
100 Ann Arbor St, Saline, Michigan

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$15,853
-
-
$330,300
-
-
-
$660,600

FAQs

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