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Freestanding Storefront Building
For Lease
$13 SF/Yr

1530 E Michigan Ave, Ypsilanti, MI 48198

Standalone commercial building with on-site parking along a busy corridor.

Space Size4,000 SF
Days on Market91

Property Features for 1530 E Michigan Ave

General Information

Standard status Active
Size 4,000 SF
Class C
Property subtype Retail
Lease Term Gross + Utilities

Building Details

Building Size 4,000 SF
Year Built 1973

Spaces For Lease

at 1530 E Michigan Ave Contact us

1530 $13/SF/Yr

Size
4,000 SF
Term
Negotiable
Contact us
Listing Agency: Thomas A. Duke Company
Listed By: Michael Perales
Source: Thomasduke
Added: Jun 2 Changed: Aug 30 Last Checked: Aug 30 at 3:46PM

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 Thomas A. Duke Company

Investment Insights

Based on property information with market context.

This standalone storefront building was constructed in 1973 and occupies +/- 1.849 acres. The property includes ample parking and is positioned along a busy commercial corridor.

Located at 1530 E Michigan Ave in Ypsilanti, Michigan, the site offers a freestanding retail-oriented configuration with parking already serving the building. The available information identifies the property for lease.

Key Highlights

  • Standalone storefront building
  • Built in 1973
  • Occupies +/- 1.849 acres

Property Analytics

Current Use

ATM Atm Hydroponics 2go Factory Phyliss Carpet Co. General Contractor Hydroponics 2 GO Factory

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Big Box & Wholesale 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

NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

317
Businesses Nearby
52k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 52% Groceries 47% Electronics 2%
Kroger Groceries
24,046 visits/mo 0.4 miles
Speedway Shops & Services
16,921 visits/mo 0.2 miles
AutoZone Shops & Services
3,009 visits/mo 0.2 miles
Family Dollar Shops & Services
2,758 visits/mo 0.4 miles
Sunoco Shops & Services
2,106 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

Market

Lease Benchmarks for Ypsilanti, MI

$19.16 /SF/Yr
Avg Asking Price
$15–$21.11 /SF/Yr
Price Range
2,138 SF
Avg Space Size

This space is priced 32% below the average of $19.16 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Kroger Floral 1771 E Michigan Ave, Ypsilanti, MI 48198

Frequently Asked Questions

What type of property is this?
Storefront property - Standalone commercial building with on-site parking along a busy corridor.
Where is this storefront property located?
The property is located at 1530 E Michigan Ave Ypsilanti, MI.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Standalone storefront building; Built in 1973; Occupies +/- 1.849 acres
More about this property
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