Historic Brick Mixed-Use
New
For Sale
$665,000
23 /25 E Cross St, Ypsilanti, MI 48198
Brick Italianate property combining occupied storefronts, apartments, studios, and an upper-level art studio.
Property SizeContact for details
Days on Market4
Property Features for 23 /25 E Cross St
General Information
Standard status
Active
Occupancy
75%
Additional Details
Multifamily Units
2
Building Details
Year Built
1869
Buildings
1
Construction
brick Italianate
Tenancy
Multi
Listing Agency:
Real Estate One Inc
Listed By:
Heide Otto
(734) 657-2022
Source:
Premiermichiganhomesearch
Added: Sep 6
Last Checked: Sep 8 at 12:19PM
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 Real Estate One Inc
Investment Insights
Based on property information with market context.
The east portion of the historic Follett House is a brick Italianate mixed-use property with storefront, residential, studio, and creative-use components. The building dates to 1869 and includes occupied storefronts, two apartments, three studios that are not sleeping quarters, and a fourth-floor former owner’s art studio. Overall occupancy is reported at 75%, while the two apartments are fully occupied.
Located at 23/25 E Cross St in Ypsilanti, the property offers a combination of commercial and residential space within a historic building. The storefronts are occupied by established businesses, adding an existing tenant component to the asset.
Located at 23/25 E Cross St in Ypsilanti, the property offers a combination of commercial and residential space within a historic building. The storefronts are occupied by established businesses, adding an existing tenant component to the asset.
Key Highlights
- Brick Italianate mixed‑use building constructed in 1869
- Located at 23/25 E Cross St, Ypsilanti, MI 48198
- Two apartments are 100% occupied
Property Analytics
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Current Use
Lease Details
2
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,220
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 31%
Home Improvements & Furnishings 13%
Electronics 9%
Family Dollar
Shops & Services
4,787 visits/mo
0.5 miles
KFC
Dining
4,562 visits/mo
0.4 miles
Sunoco
Shops & Services
2,067 visits/mo
0.3 miles
Ypsi Hardware
Home Improvements & Furnishings
1,861 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
1,358 visits/mo
0.5 miles
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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick Italianate property combining occupied storefronts, apartments, studios, and an upper-level art studio.
Where is this mixed-use property located?
The property is located at 23 /25 E Cross St Ypsilanti, MI.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Brick Italianate mixed‑use building constructed in 1869; Located at 23/25 E Cross St, Ypsilanti, MI 48198; Two apartments are 100% occupied
