Retail Commercial for Sale in Dexter

Retail-Commercial for Sale
Also listed as Office, Industrial
Catylist Listing ID: 30164128
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 6,304 SF
Gross Land Area: 0.46 Acres
Sale Price: $750,000
Unit Price: $118.97 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 6,304 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/15/2017

Overview / Comments

Completely redeveloped site and shell building for sale. Next to Mill Creek Park two blocks south of Main Street, downtown Dexter. Building has onsite parking, open floor plans, glass roll-up overhead doors, open ceiling and lots of natural light. New parking lot and landscaping.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: City of Dexter
Tax ID/APN: 08-08-06-280-003
Zoning: VC, VILLAGE COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Baker and Main Street
Property Visibility: Good
Largest Nearby Street: Grand Street
Feet of Frontage: 101
Highway Access: I-94, US-23, M-14
Airports: DTW, Ann Arbor
Area Description: The City of Dexter is located in Southeast Michigan, along the banks of the Huron River and Mill Creek. Residents and visitors can enjoy a day on a river, walking along nature trails, or biking on the County Border-to-Border trail, stopping in our historic downtown for lunch and some shopping. Cultural activities include a local theater, historical museum, summer concerts, ice skating in the winter, festivals, and simply playing in the parks.
Total Number of Buildings: 1
Number of Stories: 1
Year Renovated: 2017
Construction/Siding: Block
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL, ISDN, Satellite, T1/T3
Zoning Description: INTENT The intent of the Village Commercial District (VC) is to promote the orderly development, redevelopment, and continued maintenance of Dexter’s commercial district. This District is also intended to serve the comparison, convenience, and service needs of the Dexter Area. The VC district shall complement the CBD district with less intense office, service, and retail uses, all within a safe pedestrian environment and within convenient walking distance from the CBD district. Proposed building and site design must be sensitive to the district’s historical significance. Additions or modifications to historic buildings should be harmonious with the original structure as well as the surrounding neighborhood. Additions or modifications should be designed and constructed so that the character defining features of the historical building are retained and enhanced by the new construction. Because of the variety of uses permitted in the VC district, special attention must be focused on site layout, building design, vehicular circulation, and coordination of site features between adjoining sites. Off-street parking shall be located on the side or rear yard although participation in the public parking program is strongly encouraged. (Refer to section 5.1). Permitted uses should be complementary to each other, and should not have an adverse impact on street capacity, public utilities and services, or the overall image and function of the district. A mixture of uses within a building, such as retail, office and residential is encouraged. PERMITTED PRINCIPAL USES A. Retail establishments for the sale of such products as art/supplies, hardware, books, stationary, flowers, clothing, shoes, music, sporting goods, painting and wallpaper supplies, drugs, and notions, gifts, and home entertainment supplies and rental, and similar specialty retail shops. B. Personal service establishments such as barber shops, beauty salons, and dry cleaners; including repair shops for watches, bicycles, jewelry, and other such items. C. Food establishments, retail up to 2,000 square feet of gross floor: such as for the sale of groceries, fruit, meat and fish; baked goods; and dairy products. D. Restaurants, sit down which do or do not serve alcohol. E. Banks, savings and loan institutions, and credit unions without drive up windows. F. Business and professional offices such as administrative, legal, architecture, engineering, insurance, real estate, accounting, medical, dental, Computer and Internet Services and other similar offices. G. Printing and photographic reproduction establishments. H. Public buildings and offices, post offices, museums, libraries and community centers and Senior Centers. I. Schools, commercial: such as dance, art, and music. J. Theaters, cinemas. K. An integration of upper floor residential dwelling, commercial/retail, and office uses within a building. L. Off-street parking and loading see Article V. M. Signs subject to the provisions of Article VII.
Lot Frontage: 101
Lot Depth: 198
Water Service: Municipal
Sewer Type: Municipal
Legal Description: COM AT S 1/4 COR SEC 6, T2S, R5E; TH E'LY ALG S LINE OF SEC 333.50 FT TO C/L OF BAKER RD; TH ALG C/L OF BAKER RD N 00-03 W 2458.99 FT TO C/L OF GRAND ST; TH ALG C/L OF GRAND ST N 47-59 W 1148.34 FT; TH N 42-23 E 49.50 FT FOR A POB; TH N 47-59 W 77 FT; TH N 42-23 E 198 FT; TH S 47-59 E 77 FT; TH S 42-23 W 198 FT TO POB. ALSO INCL SAID FOLLOWING DESC PARCEL: COM AT S 1/4 COR SEC 6, T2S, R5E; TH E'LY 333.50 FT TO C/L BAKER RD; TH ALG C/L BAKER RD N 0-03 W 2458.99 FT TO C/L OF GRAND ST; TH ALG C/L GRAND ST N 47-59 W 1225.34 FT; TH N 42-23 E 49.50 FT TO POB; TH N 47-59 W 90 FT; TH N 42-23 E 198 FT TO N'LY COR OF LOT 8; TH S 47-59 E 90 FT; TH S 42-23 W 198 FT TO POB; EXCEPTING THEREFROM THE NW'LY 66 FT THEREOF. .46 AC.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,002 11,655 31,698
Median Age: 41.39 40.75 42.49
Households: 462 4,277 11,947
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