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    2835 Washtenaw Ave Ypsilanti, MI 48197

    Sponsored
    For Lease
    $17,075 /Mo ($90 SF/Yr)

    Prime location, 2264 sq ft, drive-thru.

    Lot size:
    2,264 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional restaurant opportunity is located at 2835 Washtenaw Ave in Ypsilanti, Michigan, 48197. The property boasts a total of 2,264 square feet of space, all currently vacant and ready for immediate occupancy. The building is classified as Class C and sits on a sizable 0.66-acre lot, providing ample space for outdoor seating or additional development. The single-tenant building is ideal for a variety of restaurant concepts, and the inclusion of a drive-thru significantly enhances its operational potential and revenue streams. The property's location in Washtenaw County offers excellent visibility and accessibility, ensuring high traffic volume and customer convenience. This is a rare opportunity to acquire a fully functional restaurant space with a drive-thru in a desirable location. The property is categorized as Retail and Restaurant, offering a versatile space suitable for a wide range of culinary businesses. The building's 2,264 square feet provides ample room for both kitchen operations and customer seating. This turnkey solution allows for a swift and efficient launch of a new restaurant venture. The property's strategic location in Ypsilanti, Michigan, promises a strong customer base and significant growth potential.

    Property Features for 2835 Washtenaw Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,264 SF
    Class
    C
    Total Rate
    17075

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    2,264 SF
    Rate per SF
    $17,075

    HighLights

    • FOR LEASE: 2,264 SF freestanding restaurant with drive‑thru on a 0.66‑acre lot.
    • Features an 800+ SF basement, ideal for storage.
    • Prime Washtenaw Ave location with 24,000+ vehicles per day (VPD), offering high visibility.
    • Benefits from a traffic signal and multiple points of ingress/egress.
    • Drive‑thru suitable for quick‑service restaurants (QSR).
    • Conveniently located near US‑23 and major thoroughfares.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.655819449952
    Latitude
    42.249679677251

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    FAQs

    What type of property is this?
    Restaurant - Prime location, 2264 sq ft, drive-thru.
    Where is this restaurant located?
    The property is located at 2835 Washtenaw Ave Ypsilanti, MI.
    What is the lease rate?
    The lease rate is $17,075 /Mo.
    What are key features of this property?
    This property features: FOR LEASE: 2,264 SF freestanding restaurant with drive-thru on a 0.66-acre lot.; Features an 800+ SF basement, ideal for storage.; Prime Washtenaw Ave location with 24,000+ vehicles per day (VPD), offering high visibility.
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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
    2835 Washtenaw Ave Ypsilanti, MI 48197
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