Retail Commercial for Sale/Lease in Manchester

Retail-Commercial for Sale
Also listed as Office, Shopping Center
Catylist Listing ID: 30204590
Property Subtypes: Convenience Store, Free-Standing Building, Street Retail, Vehicle Related, Other
Building Size (RSF): 16,800 SF
Gross Land Area: 2 Acres
Sale Price: $699,000
Unit Price: $41.61 PSF
Ceiling: 14 ft.
Property Use Type: Vacant/Owner-User
Building Name: Manchester Market
Usable Size (USF): 16,800 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/19/2018

Overview / Comments

Retail commercial building for lease or sale with large parking lot and most permissive zoning in Village of Manchester. Located just west of downtown with frontage on Main Street across the street from Dollar General. Currently operated as the only full service grocery in twenty miles. Other possible uses include retail, service, office, medical, office/sales showroom, service or social organizations, veterinary, funeral home, automotive service, and recreational.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: Village of Manchester
Tax ID/APN: PM-16-02-391-010
Zoning: C2, GENERAL COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: M-52 and Main Street
Property Visibility: Excellent
Largest Nearby Street: M-52
Feet of Frontage: 400
Highway Access: M-52
Airports: DTW, Ann Arbor, Jackson
Area Description: Manchester is a village in Washtenaw County, Michigan, situated on the River Raisin, founded in 1833 and named after Manchester, England. The community grew up around the river’s water power and historic Mill Pond. It is a small, closely-knit community, which provides opportunities for leisure time involvement in organizations, churches, and schools. It provides cultural resources for residents of the adjacent rural townships. The Village is a full service center and not a suburb. Its geographical position has thus far saved it from the pressures of rapid urbanization and encourages self-sufficiency even in recreational pursuits. However, the Village is within driving distance of a variety of cultural events in Ann Arbor, Ypsilanti, Adrian, Jackson, and of programs at two universities and several colleges.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Construction/Siding: Block
Total Parking Spaces: 40
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: DSL, ISDN, Satellite, T1/T3, Dialup
Zoning Description: Zoning Description - see attached document
Lot Frontage: 400
Lot Depth: 195
Water Service: Municipal
Sewer Type: Municipal
Legal Description: *OLD SID - PM 16-512-009-10 MA V 1-139B COM AT S 1/4 COR, SEC 2, T4S R3E, TH S 87-53 W 8.87 FT, TH N 29-48 W 202.93 FT, TH N 75-37-30 W 46.01 FT, TH S 29-48 E 208.25 FT, TH N 76-33 W 790.08 FT FOR POB, TH CONT N 76-33 W 464.32 FT, TH N 59-54 E 391.88 FT, TH S 76-33 E 181.79 FT, TH S 13-46 W 270.00 FT TO POB, BEING PART OF SW 1/4 SEC 2 T4S R3E 2.00 AC

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,429 4,569 9,395
Median Age: 42.41 43.19 44.88
Households: 1,071 1,864 3,727

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