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2488 Golfside Dr
Ypsilanti, MI 48197

$1,000,000 USD

Office Residential For Sale  •  4,500 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 4,500 SF
  • Lot Size 0.91 AC
  • Building Class B
  • Year Built 1929
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning O1
0 Transit Score
68 Walk Score

Description

BEAUTIFUL LEGACY HOME DESIGNED BY RENOWNED ARCHITECT R.S. GERANOFF EXTENSIVELY REMODELED AND CONVERTED TO MEDICAL OFFICE BUILDING - PROPERTY CONSISTS OF FOUR CONTIGUOUS PARCELS WHICH COULD BE SOLD INDIVIDUALLY OR REDEVELOPED AS OFFICE - RETAIL - MULTI FAMILY OR MIXED-USE PROJECT
PARCEL IS DIRECTLY IN THE PATH OF THE WASHTENAW AVENUE COMMERCIAL EXPANSION MIGRATION PATTERN 
BEST OF BOTH WORLDS: PROPERTY HAS AN ANN ARBOR PROPERTY ADDRESS & SERVICES BUT WITH MORE MODEST PITTSFIELD TWP R/E TAXES

Highlights

EXISTING CASH-FLOW WITH EXISTING OFFICE BUILDING
DEVELOPMENT POTENTIAL ON ALL OR A PORTION OF THE ENTIRE SITE
ANN ARBOR ADDRESS AND SERVICES W/ PITTSFIELD TOWNSHIP TAXES

Property Flyers

Financial Summary

Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
TBD 6/9/2027

Amenities

  • Bus Line
  • Conferencing Facility
  • Courtyard
  • Kitchen
  • Basement
  • Central Heating
  • High Ceilings
  • Partitioned Offices
  • Shower Facilities
  • Hardwood Floors
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Detroit Metropolitan 27 min - 24.1 mi
Detroit City 50 min - 45.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
William Eddy 734-255-2433 General Equity Group/Place Properties
William Eddy 734-255-2433 General Equity Group/Place Properties