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1702 E Michigan Avenue

Ypsilanti Twp, MI 48198
  • $664,900
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 20250022522
UPDATED: 61 min ago
$664,900
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,331
    SQFT
  • $105
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1965
County:
Zoning:
Commercial
Lot Size Dimensions:
265X120X259X120

School Ratings & Info

School District:

Description

PRICED TO SELL FAST! Prime Investment Opportunity on High-Traffic Michigan Ave!Take advantage of 265 feet of premium frontage on busy Michigan Ave in Ypsilanti Townships thriving east side! This versatile 9,000 sq. ft. property includes a 6,331 sq. ft. commercial building and a 2,678 sq. ft. 2-level apartment with an attached garage. Zoned Light Industrial (B3), the property offers a wide range of allowable uses.Currently operating as an auto repair shop and used car dealership, this well-maintained facility features a huge open work area with high ceilings and roll-up door, multiple storage and utility rooms, and a welcoming main entry office with half bath. Abundant parking and storage space located in front and on the lot east of the building.The spacious apartment is currently vacant"perfect for an owner-occupant, additional rental income, or business expansion. Two existing leases generate $4,200/month, making this a strong cash-flowing asset with upside potential.Excellent exposure, flexible zoning, income in place"this one wont last long!

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IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-21T13:00:47.663.
www.bhhssnyder.com/homes/162440938
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1702 E Michigan Avenue Ypsilanti Twp, MI 48198

  • Price: $664,900
  • Status: Active
  • On Site: 10 Days
  • Updated: 61 min ago
  • MLS #: 20250022522
0
Beds
0
Baths
0
½ Baths
0.69
Acres
6,331
SQFT
$105
$/SQFT
1965
Built
Neighborhood:
Devonshire Sub No 1
County:
Washtenaw
Area:
Ypsilanti Twp
School District:
YPSILANTI
Property Description
PRICED TO SELL FAST! Prime Investment Opportunity on High-Traffic Michigan Ave!Take advantage of 265 feet of premium frontage on busy Michigan Ave in Ypsilanti Townships thriving east side! This versatile 9,000 sq. ft. property includes a 6,331 sq. ft. commercial building and a 2,678 sq. ft. 2-level apartment with an attached garage. Zoned Light Industrial (B3), the property offers a wide range of allowable uses.Currently operating as an auto repair shop and used car dealership, this well-maintained facility features a huge open work area with high ceilings and roll-up door, multiple storage and utility rooms, and a welcoming main entry office with half bath. Abundant parking and storage space located in front and on the lot east of the building.The spacious apartment is currently vacant"perfect for an owner-occupant, additional rental income, or business expansion. Two existing leases generate $4,200/month, making this a strong cash-flowing asset with upside potential.Excellent exposure, flexible zoning, income in place"this one wont last long!
Exterior Features

Construction Materials AluminumBlockBrickWood Foundation Details Slab Lot Size Dimensions 265X120X259X120 Road Frontage Feet 265 Road Frontage Type Paved Waterfront YN No

Interior Features

Heating Fuel Geo-Thermal Sq Ft Main 9000

Property Features

Assessment 0.00 Commercial Type Real Estate Only Deposit Amount 300000.00 Existing Lease YN Yes Gross Scheduled Income 50400.00 Inventory Included YN No Land Contract YN Yes Land Interest Rate 10 Land Payment 10000 Land Terms 24 Listing Financing CashContractConventional Net Operating Income 42400.00 Operating Expense 8000.00 Ownership Status Short Sale - NoPrivate Owned Percent Leased 75 Possession At Close Postal City Ypsilanti Protection Period 180 Settlement Township Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 4965.0000 Tax Amount Winter 1630.0000 Title Standard (Private) Total Tax 6595.0000 Unparsed Address 1702 E MICHIGAN Avenue Water Source Public (Municipal) Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via RE/MAX Leading Edge: (313) 277-7777 and Realcomp, ©2025 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Berkshire Hathaway HomeServices Snyder & Company, Realtors® and Realcomp II Ltd.. © 2025 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Berkshire Hathaway HomeServices Snyder & Company, Realtors® are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2025-04-21T13:00:47.663.
 
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