Mixed-Use Brick Building with
For Sale
$665,000
23/25 E Cross Street, Ypsilanti, MI 48198
Brick Italianate mixed-use building with storefront tenants and multiple occupied apartments and studios.
Days on Market30
Property Features for 23/25 E Cross Street
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1869
Listing Agency:
Real Estate One Inc
(734) 657-2022
Listed By:
Heide Otto
(734) 657-2022
Source:
Phgrealty
Added: Jul 1
Changed: Jul 25
Last Checked: Jul 29 at 12:06PM
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 Follett House is a brick Italianate mixed-use building with tall windows and storefront frontage. The property includes storefront spaces with tenants operating well-established businesses, along with residential units. Two apartments are 100% occupied, and there are three studios that are not sleeping quarters. The fourth floor is described as the former owner’s art studio, bringing the building to approximately 75% occupied overall.
Located at 23/25 E Cross Street in Ypsilanti, this property is presented for sale with an NDA required for pro-forma information. Interested parties should note that the transaction materials will require confidentiality due to the pro-forma details.
Located at 23/25 E Cross Street in Ypsilanti, this property is presented for sale with an NDA required for pro-forma information. Interested parties should note that the transaction materials will require confidentiality due to the pro-forma details.
Key Highlights
- Brick Italianate mixed‑use building, year built 1869
- Historic hotel opening on July 4, 1859
- East side features tall windows on the hotel (23/25 referenced)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,292
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in Midwest region
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Similar Off Market Nearby
- We Adore Flowers — 501 Osband St, Ypsilanti, MI 48198
Frequently Asked Questions
What type of property is this?
Storefront property - Brick Italianate mixed-use building with storefront tenants and multiple occupied apartments and studios.
Where is this storefront property located?
The property is located at 23/25 E Cross Street 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, year built 1869; Historic hotel opening on July 4, 1859; East side features tall windows on the hotel (23/25 referenced)
