Ypsilanti Industrial Redevelopment
For Sale
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12 E Forest Ave, Ypsilanti, MI 48198
Vast industrial property near Depot Town with redevelopment potential.
Property Size58,925 SF
Price / SF$25.46
Days on Market761
Property Features for 12 E Forest Ave
General Information
Standard status
Active
Size
58,925 SF
Property subtype
Industrial, Retail, Special Purpose
Zoning
PMD (Production, Manufacturing, Distribution)
Lease Type
Modified Gross
Building Details
Stories
1
Tenancy
Single
Listing Agency:
Swisher Commercial
Listed By:
Michael Jurgenson, CCIM · License #MI 6502378302
(734) 222-7522
Source:
Crexi
Added: Aug 5, 2024
Changed: Aug 13
Last Checked: Sep 2 at 4:23PM
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 Swisher Commercial
Investment Insights
Based on property information with market context.
This industrial property, encompassing 58,925 square feet, presents an opportunity for redevelopment near Ypsilanti's Depot Town. The property is located steps away from retail and restaurant options, and it is positioned to benefit from the upcoming Freighthouse Plaza redesign. Its location provides visibility and access to Michigan Ave and I-94. The property is suitable for commercial or creative redevelopment projects, and it features three loading docks. The ongoing revitalization efforts in the area, including the Freighthouse Plaza redesign, enhance the property's appeal and accessibility. The historic character of Depot Town adds value to any redevelopment project. This property represents an investment opportunity in one of Ypsilanti’s neighborhoods, with potential for appreciation and growth.
Key Highlights
- Prime location near Depot Town's retail and restaurant scene.
- Significant redevelopment potential for commercial or creative projects.
- Proximity to the soon‑to‑be redesigned Freighthouse Plaza.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
826
Businesses Nearby
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 Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Vast industrial property near Depot Town with redevelopment potential.
Where is this industrial 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 near Depot Town's retail and restaurant scene.; Significant redevelopment potential for commercial or creative projects.; Proximity to the soon‑to‑be redesigned Freighthouse Plaza.
