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
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]