Property Listing No Longer Available for Sale

Bldg Suitable for Retail, Medical or Insurance Office

Ypsilanti, MI

Retail for Sale - $225,000 - 1,480 Sq. Ft. on 0.8 acres


Property Info

CIMLS#279204
Location
  Bldg Suitable for Retail, Medical or Insurance Office
  Ypsilanti MI 48197
UpdatedDecember 5th, 2015
TypeRetail
Price$225,000
Building1,480 Sq. Ft.
Land0.8 acres

Property Description

Property at 1255 E. Michigan Ave. is located between the Huron River and Ford Lake. Stand-alone, one-story, 1480 sq ft cement block building with excellent frontage, signage (new Nov. 2011), easy access to surrounding neighborhoods, rooftops, and traffic flow. Ample parking with a turn-around behind the store for trailering vehicles. Property was surveyed at one time to divide the lot; split is possible if wanted. There is a wooded lot on Cross Street which abuts a residential neighborhood. Owner states there is an adjoining piece of residential property that comes with the sale that is suitable for a home building site.

Property in and around the building and land, under development, includes a new YMCA building and a new Dollar store. Franchisors are welcome. New construction of Burger King and Taco Bell is within 1/8 of a mile of this location. This particular part of Ypsilanti, MI has seen a great increase in businesses starting in the immediate area.

Business and Inventory available for purchase. Business is currently a well-established retail outlet of bait and tobacco and other sporting goods on a very busy road. Carries all fishing equipment, gear, bait (live) for fresh water and river fishing. Sells fishing licenses. Sells Roll-Your-Own and other tobacco products which have proven to be good sellers in this economy. Also sells retail products, Lotto and much more in this small, but carries everything, store.

Please take a closer look at the area expanding Michigan Ave. possibilities. All offers will be presented to the owner. Per owner, location is great for a coffee shop, pies, ice cream, Long John Silvers, Sonic restaurant or Great American Pie. Building would also accommodate a pizzeria, as property adjoins a residential neighborhood.

Seller financing may be available to a qualified buyer. The seller is committed to selling within the next 30 days to a qualified buyer and any reasonable offer will be considered.

Contact Michelle Webster at 734-323-0376 or email michelle@BBFBrokers.com for more details.

Growth Potential: If new owner desires to keep the same venue of merchandise, the Owner states location provides enough acreage for new owner to do shrink wrapping and outside winter storage of boats.

Broker would encourage new owner to have a Website with online store also.

Competition: Statewide competition to be sure, extremely limited local competition.

Support/Training: Provided as needed.

Reason Selling: Spouse passed away

Year Established: 1984

Employee: 1 owner operator


Financials

Price is for the building and land only. Inventory,Furniture, Fixtures and Equipment can be purchased at cost if wanted by new owner.



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