7030 Michigan AveSaline, MI 48176

Property Details for 7030 Michigan Ave

Year built

1980

Lot size

1.39 AC

Property size (Sq ft)

2,269 SF

Property type

Banks

APN

L -12-28-300-012

APU

L1228300012

Description

This exceptional retail property, formerly a PNC Bank branch, presents a unique investment opportunity in the thriving Pittsfield Township market. Located at 7030 E Michigan Ave in Saline, Michigan, 48176, this 2,269 square foot building sits on a sizable 1.39-acre lot, offering significant visibility and accessibility. The property boasts a highly desirable location at the hard corner of E. Michigan Avenue and State Street, ensuring high traffic volume and excellent exposure to potential customers. Ample parking is provided with 18 dedicated spaces, complemented by a convenient three-lane drive-thru, ideal for various retail uses. Constructed in 1980, the building is zoned C-2 (Regional Commercial District), allowing for a wide range of commercial applications. The asking price for this turnkey property is $700,000, representing a compelling value in this competitive market. The property's parcel number is 12-28-300-012, and its location in Washtenaw County offers easy access to major transportation routes and a strong local economy. This property is ready for immediate occupancy and presents a rare opportunity to establish a successful business in a prime location. Don't miss this chance to acquire a valuable asset in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $570,985

  6.5%

  $527,063

  7%

  $489,416

• Comparable approach

  Method

  Valuation

  Relative Method

  $534,850

  Geo Method

  $534,850

• Alternative Use

  Use

  Valuation

  Residential

  $444,598

  Hospitality

  $407,249

  Educational

  $338,826

  Medical

  $350,479

  Retail

  $527,063

Location Insight

City

Saline

County

Washtenaw

State

Michigan

Latitude

42.1858

Longitude

-83.7383

CBSA code

11460

CBSA name

ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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