8 W MICHIGAN Avenue Ypsilanti, MI ^$ 299,000

8 W MICHIGAN Avenue

^$ 299,000

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8 W MICHIGAN Avenue

Ypsilanti, MI, 48197

^$ 299,000

Bedrooms-- Baths-- Sq 4,433

Monthly Estimate*

^$ 1,865

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Commercial Property for sale in Ypsilanti, MI

for $299,000. This 4,433 square foot building was built on a lot size of 0.06.

LOCATED IN DOWNTOWN YPSILANTI IN THE HEART OF THE HISTORIC DISTRICT. ZONED B-3 DESIGNED TO PROMOTE DEVELOPMENT AND REDEVELOPMENT, AND CONTINUED MAINTENANCE OF DOWNTOWN AREA. 3 APT UNIT TENANTS AND 2 RETAIL TENANTS. EXTERIOR NEWLY PAINTED, RETAIL SPACES HAVE HAD IMPROVEMENTS TO ENHANCE CURB APPEAL. Six (6) space parking lot is included, Parcel 11- 11-40-401-004. Parcels will not be sold separately. 48 hr notice required

Commercial Pending

Price

^$ 299,000

Property Type

Commercial

Taxes

^$ 7,874

Style

Commercial/Industrial

Lot Size

0.06

Town/City

Ypsilanti

County/Region

Washtenaw

MLS | Web ID

60096770

Features

General

Heating Forced Air

Possession At Close

Roof Asphalt

Water Public Water

Status Pending Pending

Year Built 19

Subdivision ORIGINAL PLAT OF YPSILANTI CITY MI

County Washtenaw

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Ypsilanti

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Ypsilanti (81033)

Primary City Ypsilanti

Directions HURON ST TURN RT TO MICH AVE TURN RT

City Ypsilanti

Financial Terms Cash Conventional

Legal Description OLD SID 11-11-010-281-00 YPC 1-W252 LD COM AT PNT ON N LINE MICH AVE 2 FT E OF SE COR LOT 175 ORIGINAL PLAT TH E ALNG N LINE MICH AVE 40 FT TH N 61 FT TH W 40 FT TH S 61 FT TO POB

DOM 194

Postal Code 48197

Price Per Sq Ft Total AG 67.45

Public Remarks LOCATED IN DOWNTOWN YPSILANTI IN THE HEART OF THE HISTORIC DISTRICT. ZONED B-3 DESIGNED TO PROMOTE DEVELOPMENT AND REDEVELOPMENT

Exterior

Exterior Brick Stone

Exterior Amenities Security Lighting

Frontage 40

Lot Size Area 0.06

Lot Dimensions 40.00X61.00

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Edward Lang

Listing Agent

Kw Professionals Brighton

Broker

edlangrealestate@gmail.com

Affordability Calculator

$2,522

Per Month

Monthly Principal & Interest: $1,865
Monthly Property Taxes: $656
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Ypsilanti, MI

Average List Price ^$615,620

Percent of Sale Price 106%

About Ypsilanti, MI

20,639 Population

-8% Since 2002

^$38,265 Median Income

27.51 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/1/2022	$299,000	-20.27%	Price Down
5/17/2022	$375,000		Listed Price

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8 W MICHIGAN Avenue, Ypsilanti, MI, 48197 is a Commercial Property for sale at $299,000 with 4,433 sqft and a lot size of 0.06. The property's zip code is 48197 which is in Ypsilanti, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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8 W MICHIGAN Avenue

Commercial Property for sale in Ypsilanti, MI

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