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Industrial Property Near Depot Town

12 E Forest Ave, Ypsilanti, MI 48198

For Sale
$1,500,000

58,925 SF industrial property with redevelopment potential near Depot Town.

Property Size58,925 SF
Price / SF$25.46
Days on Market287

Property Features for 12 E Forest Ave

General Information

Standard status Active
Size 58,925 SF
Property subtype Industrial
Zoning PMD (Production, Manufacturing, Distribution)
Listed By: Michael Jurgenson, CCIM · License MI #6506044472
Source: Swishercommercial
Added: Jan 27 Changed: Nov 6 Last Checked: Nov 8 at 2:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Jurgenson, CCIM

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Investment Insights

Based on property information with market context.

This 58,925 square foot industrial property is located near the retail and restaurant scene of Ypsilanti's Depot Town, south of Eastern Michigan University. The property offers redevelopment potential and is located across from the soon to be redesigned Freighthouse Plaza. Its location provides high visibility and easy access to Michigan Ave and I-94. The versatile space is suitable for various uses and features 3 loading docks. The property is located in the historic Depot Town neighborhood.

Key Highlights

  • Prime location in the heart of Historic Depot Town, Ypsilanti, offering high visibility and walking distance to retail and restaurants.
  • Significant redevelopment potential: 58,925 sq ft building poised for transformation into a commercial or creative space.
  • Located across from the soon‑to‑be‑redesigned Freighthouse Plaza, enhancing appeal and accessibility.

Property Analytics

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Current Use

Specialty properties

Suggested Use

Top Pick Dental Office Daycare Center Electrical Service Furniture & Home Goods Big Box & Wholesale Store Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

826
Businesses Nearby

Demographics for 48198, MI

40,067
Population
17,379
Households
2.3
Avg Household Size
36
Median Age
35%
College-Educated
92%
High-School Grad
33.4 sq mi
ZIP Area
1,200
Density / Sq Mi
$63,678
Median Household Income
$36,671
Median Earnings
$1,197
Median Rent
$178,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Specialty properties in Washtenaw County

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Frequently Asked Questions

What type of property is this?
Specialty property - 58,925 SF industrial property with redevelopment potential near Depot Town.
Where is this specialty property located?
The property is located at 12 E Forest Ave Ypsilanti, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime location in the heart of Historic Depot Town, Ypsilanti, offering high visibility and walking distance to retail and restaurants.; Significant redevelopment potential: **58,925 sq ft building** poised for transformation into a commercial or creative space.; Located across from the soon‑to‑be‑redesigned Freighthouse Plaza, enhancing appeal and accessibility.
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