Property Type:
Land
Lot Size (sq. ft.):
98,446
Status:
Sold
Current Price:
$2,750,000
List Date:
2/28/2022
Last Modified:
12/01/2023
2295 S State Street, Ann Arbor, MI 48104
$1,500,000
Description
Zoned Office/Limited Industrial with nearly 170 feet of road frontage across from the main entrance to the University of Michigan's South Athletic Campus, this commercial building is a rare opportunity to own 2.26 acres in the City of Ann Arbor! The property is centrally located on the State Street Corridor and offers 4416 SF of commercial business space that is currently leased. Easy access to I-94. Great opportunity to buy the existing business and invest, or redevelop it. There is the potential for additional parcels. Currently used as a salon and zoned for office. Future plan for mixture of office and residential.
More Information MLS# 23273
Status Change Info
Sold Price/Acre: 663716.81
Under Contract Date: 2022-11-14
Sold Date: 2022-12-05
Sold Price: $1,500,000
Location & Property Info
Municipality: Ann Arbor
Office/Contract Info
On-Market Date: 2022-02-28
Auction or For Sale: For Sale
List Price/Acre: 1216814.16
Listing Agreement: Exclusive Right To Sell
Former Listing Key: 9020404
General Property Info
School District: Ann Arbor
Elementary School: Pattengill Elementary School
High School: Pioneer High School
Middle School: Tappan Middle School
Lot Measurement: Acres
Lot Square Footage: 98446
Lot Acres: 2.26
Tax Info
Taxable Value: 328304
SEV: 500600
For Tax Year: 2021
Seller's Annual Property Tax: 21968
Tax Year: 2021
Zoning: O
Tax ID #: 09-12-04-200-034
Remarks & Misc
Public Remarks: Zoned Office/Limited Industrial with nearly 170 feet of road frontage across from the main entrance to the University of Michigan's South Athletic Campus, this commercial building is a rare opportunity to own 2.26 acres in the City of Ann Arbor! The property is centrally located on the State Street Corridor and offers 4416 SF of commercial business space that is currently leased. Easy access to I-94. Great opportunity to buy the existing business and invest, or redevelop it. There is the potential for additional parcels. Currently used as a salon and zoned for office. Future plan for mixture of office and residential.
Legal: PRT OF NW 1/4 SEC 4, T36, R6E, DESC AS COM AT W 1/4 COR OF SD SEC 4, TH N 0 DEG 37 MIN 30 SEC W 698.
Street Type
Paved: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Association Info.
Approx. Assoc Fee: 0
None
Current Price: $1,500,000
Location Property Info
County: Washtenaw
Street #: 2295
Street Direction: S
Street Name: State
Suffix: Street
State: MI
Zip Code: 48104
Zip (4): 6107
Area: Ann Arbor/Washtenaw - A
OfficeContract Info
Status: Sold
List Price: $2,750,000
Listing Date: 2022-02-28
Remarks Misc
Directions: Across from UM Varsity Tennis Courts and Center
Property Features
Street Type: Paved
Sewer: Public Sewer
Water: Public Water
Terms Available: Cash
Listing Office:
The Charles Reinhart Company
Listing Agent:
Brent Flewelling
Last Updated: December - 01 - 2023
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
