Storefront Retail/Office Building For Sale

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30540066
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 2,818 SF
Gross Land Area: 0.12 Acres
Sale Price: $149,900
Unit Price: $53.19 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 2,818 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/16/2020

Overview / Comments

Great opportunity to start a retail business or small office on busy Main Street with storefront windows. Surrounded by local and national businesses, entertainment, township library and restaurants.

Property contains two adjacent buildings w/ combined 2,818 SF. One w/ upper level for owner-occupant or residential rental. On street parking.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw E of 23
Taxing Authority: Northfield Township
Tax ID/APN: B -02-05-254-015
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: Barker & E Shore Drive
Property Visibility: Good
Largest Nearby Street: E Shore Drive
Feet of Frontage: 53
Traffic/Vehicle Count: 9,568
Highway Access: US-23
Airports: Detroit Metro
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Roof Type: Flat
Construction/Siding: Wood Siding
Parking Type: Surface, Other
Parking Description: public and street parking
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Window Unit
Internet Access: DSL
Zoning Description: This district is composed of those areas of the township whose principal use is and ought to be general comparison retail, service and repair business activities which serve the entire township and surrounding area. It is the intent of this district to be located along major transportation networks within the township. This district has been located within the township to permit the development of these business activities, to protect adjacent agricultural, residential and industrial areas against the encroachment of incompatible uses, and to lessen congestion on public streets and highways. To these ends, certain uses which would function more effectively in other districts and would interfere with the operation of these business activities and the purpose of this district, have been excluded.
Lot Frontage: 53
Lot Depth: 84
Water Service: Well
Sewer Type: Municipal
Easements: Other
Easements Description: provided with title commitment
Land Ownership: owned
Legal Description: COM AT W 1/4 POST OF SEC, THN 84 DEG E 503 FT IN E&W 1/4 LINE OF SEC, TH S 4 DEG E 24.75 FT, TH N 80 DEG 41'15" E 159.83 FT FOR A PL OF BEG, TH S 28 DEG 23' E 55FT, TH S 63 DEG 47' W 78 FT, TH N 28 DEG 23' W 79 FT,TH N 80 DEG 41'15" E 82.47 FT TO THE PL OF BEG, BEING APART OF SW 1/4 SEC. 5 T1S R6E.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,385 19,008 33,620
Median Age: 34.76 42.01 41.9
Households: 569 7,571 12,749


Photograph of Listing Agent

James H. Chaconas

Colliers International
CPIX Member
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