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375 E North St 57,263 SF 100% Leased Retail Building Chelsea, MI 48118 $7,295,000 ($127.39/SF)



EXECUTIVE SUMMARY
The Warehouse Building is nestled at the rear of the Clocktower Complex with ample parking. Sprawling over 57,000 square feet it has been recently redeveloped into a successful mixed-use property, offering The Grateful Crow, a well-loved fusion restaurant, PAX Gymnastics, Hatch Stamping, and additional tenants.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
57,263 SF
Building Class
B
Year Built/Renovated
1906/2020
Price
$7,295,000
Price Per SF
$127.39
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.95
Lot Size
1.38 AC
Zoning
C5 - Commercial
Parking
100 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
492’ on East North Street
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 06-12-111-006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,281,100 |
PROPERTY TAXES
Parcel Number
06-12-111-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,281,100
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375 E North St
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