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317 Ecorse Rd, Ypsilanti, MI 48198

$21,357+/Unit

Commercial property for sale

Added: 08/20/2013
Last Update: 08/29/2013
317 Ecorse Rd Ypsilanti, MI 48198 US
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Contact info

  • 734-222-7520 [Office] 

Description

Multi-tenant mixed use office building. Fourteen (14) leasable units. Major tenant that leased 9 units recently vacated. Currenty 100% vacant. Price is discounted for anticipated deferred maintenance and improvements. Potential 'NOI' $53,000; or 18% CAP rate upon return to income producing status. Building price details: $299,000.

Property Details

  • Type: Multifamily
  • Use Types:Office
  • Status: Available
  • Year Built: 1971
  • MSA: Ann Arbor
  • Zoning: B3, GENERAL BUSINESS
  • Buildings: 1
  • ConstructionBrick

Exterior Features

  • Parking Type: Surface

Terms

  • Cash to Seller 

Agent

Tony Caprarese
734-222-7520 [Office]

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