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    7 S Washington St Ypsilanti, MI 48197

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    For Lease
    $18 SF/Yr ($2,250 /Mo)

    Versatile 1,500 SF space in a dynamic commercial corridor.

    Property size:
    1,500 SF
    Lot size:
    1,500 SF

    Property Features for 7 S Washington St

    General Information

    Size
    1,500 SF

    Building Details

    Year built
    1874

    Source: Jason Um Agent Jason Um

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Ypsilanti Two-Story Retail Space

    Located in the heart of Downtown Ypsilanti, this versatile two-story space offers 1,500 square feet suitable for office, studio, or retail use. Positioned just half a block south of Michigan Avenue, the property benefits from outstanding walkability and visibility in one of Ypsilanti’s most dynamic commercial corridors. The location provides excellent street presence and is surrounded by local eateries, boutiques, and offices, and is steps from MI-HQ’s Ypsilanti Campus. The bright interiors are enhanced by natural light. The property features a private entrance and prominent street frontage, making it an ideal space for professional services, creative studios, boutique retail, and wellness, health, or consulting services. This property presents an opportunity to be part of Ypsilanti’s growing downtown community.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Sticky Trap Print Shop SAMSA Ypsilanti Website Designer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.6143358
    Latitude
    42.2405759

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    FAQs

    What type of property is this?
    Retail space - Versatile 1,500 SF space in a dynamic commercial corridor.
    Where is this retail space located?
    The property is located at 7 S Washington St Ypsilanti, MI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Prime Downtown Ypsilanti location, half a block from Michigan Avenue.; - Versatile 1,500 sq ft two-story space suitable for office, studio, or retail.; - Excellent walkability and visibility in a dynamic commercial corridor.
    (734) 649-2460
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    7 S Washington St Ypsilanti, MI 48197
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    Ypsilanti, MI 48197
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7 S Washington St Ypsilanti, MI 48197
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