501 E Michigan Avenue

    Ypsilanti, MI 48198
    • $2,400,000
    • STATUS: Active
    • ON SITE: 796 days
    • ID#: 216046147
    UPDATED: 24 min ago
    $2,400,000
    • 0
      BEDS
    • 1.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,900
      SQFT
    • $490
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1997
    County:
    Area:
    Zoning: Commercial
    Lot Size Dimensions: 330 X294X332X164

    School Ratings & Info

    School District:

    Description

    GREAT Location in the Heart of Ypsilanti.. Gas Station, Convenience Store with LIQUOR, BEER & WINE , Check CASHING & leased out Oil Change Business.Adjoining Vacant lot of .52 Acres is also included in this Deal. Currently selling 35,000 gas gallons and $75,000. in store sales per month.Lotto sales is not included. TUBBY's JUST GOT WORKING ON AND ALREADY SELLING $600 -$700 per day . Check cashing leased out @ $1500.per month and Oil Change @ $6500. p.m. LAND CONTRACT terms available with $500,000. Down Payment. PLEASE DO NOT Disturb / Approach Owners or Employees. Call Listing Agent for Further Details and Private Showings.Buyers / Buyers' Agent to verify all information and Measurements which is deemed Reliable But not Guaranteed.

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-07-18T18:02:43.82.
    www.detroitmetrorealestate.com/homes/62605391

    501 E Michigan Avenue Ypsilanti, MI 48198

    • Price: $2,400,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: 216046147
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.13
    Acres
    4,900
    SQFT
    $490
    $/SQFT
    1997
    Built
    Neighborhood:
    Ypsilanti
    County:
    Washtenaw
    Area:
    Ypsilanti
    School District:
    YPSILANTI
    Property Description
    GREAT Location in the Heart of Ypsilanti.. Gas Station, Convenience Store with LIQUOR, BEER & WINE , Check CASHING & leased out Oil Change Business.Adjoining Vacant lot of .52 Acres is also included in this Deal. Currently selling 35,000 gas gallons and $75,000. in store sales per month.Lotto sales is not included. TUBBY's JUST GOT WORKING ON AND ALREADY SELLING $600 -$700 per day . Check cashing leased out @ $1500.per month and Oil Change @ $6500. p.m. LAND CONTRACT terms available with $500,000. Down Payment. PLEASE DO NOT Disturb / Approach Owners or Employees. Call Listing Agent for Further Details and Private Showings.Buyers / Buyers' Agent to verify all information and Measurements which is deemed Reliable But not Guaranteed.
    Exterior Features

    Architecture Level 1 Story Construction Materials Brick Foundation Details Slab Foundation Materials Poured Lot Size Dimensions 330 X294X332X164 Road Frontage Feet 335 Road Frontage Type Paved Waterfront YN No

    Interior Features

    Heating Cooling Forced Air Heating Fuel ElectricNatural Gas Room Count 0 Sq Ft Main 4900 Sq Ft Office 50 Sq Ft Source Prd

    Property Features

    Assessment 0 Business Licenses Beer & WineLotteryLotto Terminal Business Type RetailService Commercial Type Business And Real Estate Current Use Gas StnConv.StoreOil ChangeTubbys Deposit Amount 500000.00 Encroachment YN No Gross Scheduled Income 100.00 Land Contract YN Yes Land Interest Rate 6.5 Land Payment 12850 Land Terms 60 Listing Financing CashConventionalLand Contract Monthly Sales 100 Net Operating Income 100.00 Operating Expense 100.00 Ownership Status Private OwnedShort Sale - No Possession Atclosing Postal City Ypsilanti Protection Period 365 Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 39070.0000 Tax Amount Winter 833.0000 Title Private - Owned Total Tax 39903.0000 Unparsed Address 501 E MICHIGAN AVE Water Source Municipal Water Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via Landmark Realty and Realcomp, ©2016 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-07-18T18:02:43.82.
     
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