Listed by Colliers - Ann Arbor, Michigan
$4,950,000
Investment Property for Sale
Details
APN 06-06-12-111-006
Property Type Mixed Use, Office
Sub Type Medical Office, Restaurant
Square Footage 31,321
Units 10
Price per SqFt $158
Broker Co-Op Yes
Year Built 1907
Year Renovated 2006
Zoning C5
Investment Type Net Lease
Mixed Use | 31,321 SqFt
Marketing description
The Commons Building offers ±31,321 SF of mixed-use space anchored by a diverse mix of long-term tenants including Los Tres Amigos Restaurant, Chelsea Community Hospital, Step Ahead Podiatry, and Chelsea Hearth & Fireplace. Originally built in 1907 and thoughtfully renovated in 2006, the property combines historic charm with modern functionality, featuring a common area with soaring ceilings, and abundant natural light, with ample parking and an additional entrance opening to a central courtyard that creates a welcoming neighborhood atmosphere. 100% occupancy, 10 total units. Additional information available with an executed confidentiality agreement.
Listing Contacts
Listed by Colliers - Ann Arbor, Michigan
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
