2295 S State Street, Ann Arbor, MI 48104 (MLS# 23273)

2295 S State Street, Ann Arbor, MI 48104

$1,500,000

Property Type: Land Lot Size (sq. ft.): 98,446 Status: Sold

Current Price: $1,500,000 List Date: 2/28/2022 Last Modified: 12/01/2023

Overview

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.

Listing Details MLS# 23273

Location Property Info

County: Washtenaw
Street #: 2295
Street Direction: S
Street Name: State
Suffix: Street
State: MI
Zip Code: 48104
Zip (4): 6107

General Property Info

Lot Measurement: Acres
Lot Square Footage: 98446
Lot Acres: 2.26
School District: Ann Arbor
Elementary School: Pattengill Elementary School
Middle School: Tappan Middle School
High School: Pioneer High School

Tax Info

Tax ID #: 09-12-04-200-034
Taxable Value: 328304
SEV: 500600
For Tax Year: 2021
Seller's Annual Property Tax: 21968
Tax Year: 2021
Zoning: O

Remarks Misc

Directions: Across from UM Varsity Tennis Courts and Center

Status Change Info

Under Contract Date: 2022-11-14
Sold Date: 2022-12-05
Sold Price/Acre: 663716.81

More Information

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

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