2407 Washtenaw Ave | Ypsilanti, MI 48197
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- LoopNet Team
2407 Washtenaw Ave
Ypsilanti, MI 48197
Cottage Inn Gourmet Pizza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Freestanding Building – 2,600 square foot structure situated on 0.47 acres with strong street presence and dedicated parking.
- Established High-Traffic Location - Positioned on Washtenaw Avenue with over 27,474 vehicles per day, offering exceptional visibility and easy access.
- Major Franchise Growth – New ownership projects 80+ new locations across Michigan, Ohio, and Indiana by 2026.
- Veteran Operator - 30-years w Cottage Inn - Two Locations
- New 10-Year Absolute NNN Lease - Strong lease term in place with four (4) five-year options and 10% rent increases at each extension.
- University-Adjacent Location – Located just outside Eastern Michigan University (13,352 students) and within 5 miles of the University of Michigan.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,472 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.47 AC
Zoning
BI
Parking
20 Spaces (8.09 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 11-06-465-020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $218,700 |
PROPERTY TAXES
Parcel Number
11-06-465-020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$218,700
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