Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Michigan Ladder 12 E Forest Ave 58,925 SF Industrial Building Ypsilanti, MI 48198 $1,500,000 ($25.46/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Investment Opportunity
  • Versatile space suitable for various uses
  • Potential for redevelopment
  • Located in Historic Depot Town, Ypsilanti
  • 58,925 square feet building
  • Located walking distance to retail and restaurant scene

EXECUTIVE SUMMARY

Exceptional opportunity to own a vast industrial property near vibrant heart of Ypsilanti's Depot Town.
Spanning 58,925 square feet, this property offers excellent potential for redevelopment. Located just steps away from the bustling retail and restaurant scene, it’s ideally situated to complement the soon to be Freighthouse Plaza redesign.
Highlights:
Strategic Location: Nestled near the dynamic retail and dining options of Depot Town, this property benefits from high visibility and easy access to Michigan Ave and I-94.
Redevelopment Potential: Perfectly poised for transformation, whether for commercial or creative redevelopment projects.
Neighborhood Synergy: Capitalize on the revitalization efforts in the area, with proximity to the soon to be redesigned Freighthouse Plaza enhancing the appeal and accessibility.
Historic Charm: Depot Town’s historic character adds unique value and charm to any redevelopment project.
Features:
Versatile space suitable for various uses
3 loading docks
Potential for appreciation and growth with the area's ongoing development
Investment Opportunity:
With the area's continued growth and revitalization, this property represents a solid investment in one of Ypsilanti’s most promising neighborhoods. Transform this expansive space into a thriving commercial hub and be part of the exciting changes in Depot Town.

PROPERTY FACTS

Price $1,500,000
Price Per SF $25.46
Sale Type Investment or Owner User
Sale Condition High Vacancy Property
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 2.56 AC
Rentable Building Area 58,925 SF
No. Stories 1
Year Built 1940
Tenancy Single
Parking Ratio 0.42/1,000 SF
No. Dock-High Doors/Loading 3
Zoning PMD - Production, Manufacturing and Distribution District (PMD): Outlying neighborhoods (outlying residential and multiple-family) and special districts.

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 58,925 SF
  • Industrial
  • Full Build-Out
  • Now

58,925 square feet building. Versatile space suitable for various uses. Potential for redevelopment. Across from Freighthouse Plaza. High visibility and easy access to Michigan Ave and I-94.

Space Size Space Use Condition Available
1st Floor 58,925 SF Industrial Full Build-Out Now

1st Floor

Size
58,925 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 58,925 SF
Space Use Industrial
Condition Full Build-Out
Available Now

58,925 square feet building. Versatile space suitable for various uses. Potential for redevelopment. Across from Freighthouse Plaza. High visibility and easy access to Michigan Ave and I-94.

Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-04-461-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$303,200
  • Listing ID: 32694500

  • Date on Market: 8/5/2024

  • Last Updated:

  • Address: 12 E Forest Ave, Ypsilanti, MI 48198

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}