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Restaurant Property with Hood
For Sale
$329,000

1004 W Michigan Avenue, Ypsilanti, MI 48197

Commercial Sale, Ypsilanti, MI

Property Size3,465 SF
Lot Size0.21 Acres
Price / SF$94.95
Days on Market10

Property Features for 1004 W Michigan Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description B-1
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Basement, Bathroom 2
Parking 8
Elementary school district Ypsilanti
Middle school district Ypsilanti
High school district Ypsilanti
Standard status Active
APN 11-11-39-145-027
Size 3,465 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description *OLD SID - 11 11-620-002-00 YP CITY 51A-W-2 LOT 2 STEVEN'S RECREATION PARK SUBDIVISION. 1004 W MICHIGAN
Tax Annual Amount 8400
Legal Description *OLD SID - 11 11-620-002-00 YP CITY 51A-W-2 LOT 2 STEVEN'S RECREATION PARK SUBDIVISION. 1004 W MICHIGAN

Utilities

Utilities Natural Gas Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1901
Number of units 1
Roof type Tile, Composition
Buildings 1
Listing Agency: Beal Properties LLC
Listed By: Michael Slater
Added: Oct 15 Changed: Oct 23 Last Checked: Oct 24 at 6:06PM
MLS# 26056490

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

A former house configured for restaurant use, this property includes a functional hood ventilation system, restaurant equipment, a compact seating area, and two restrooms. The building dates to 1901 and sits on a 0.21-acre parcel with a parking lot behind it.

The property is on W Michigan Avenue in Ypsilanti and is zoned B-1. Forced-air heating, central air conditioning, and natural gas availability are also listed.

Key Highlights

  • Restaurant‑configured building with a functional hood ventilation system
  • Restaurant equipment is included
  • 0.21‑acre parcel with a rear parking lot

Property Analytics

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Current Use

A Taste Of Soul By ... Restaurant

Suggested Use

Top Pick Dental Office HVAC Service Kitchen & Bath Showroom Furniture & Home Goods Pharmacy Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

374
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48197, MI

67,895
Population
28,649
Households
2.4
Avg Household Size
33
Median Age
47%
College-Educated
94%
High-School Grad
41.2 sq mi
ZIP Area
1,648
Density / Sq Mi
$70,913
Median Household Income
$39,314
Median Earnings
$1,203
Median Rent
$274,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant improvements include a ventilation hood, equipment, customer seating, restrooms, and rear parking.
Where is this conventional restaurant located?
The property is located at 1004 W Michigan Avenue Ypsilanti, MI.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Restaurant‑configured building with a functional hood ventilation system; Restaurant equipment is included; 0.21‑acre parcel with a rear parking lot
More about this property
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