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    707 Cross St Ypsilanti, MI 48197

    Sponsored
    For Lease
    $15 SF/Yr

    Prime location, 2756 sq ft, ample parking

    Lot size:
    2,756 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 2,756-square-foot retail space is ideally situated at 707 W Cross St in Ypsilanti, Michigan, 48197. Classified as a Class B property, it boasts a highly desirable street retail location within the Ann Arbor submarket (Washtenaw E of 23 submarket cluster), directly adjacent to Eastern Michigan University's campus. The property sits on a 0.067-acre lot and is zoned C-Center, ensuring versatile usage options. Ample street parking is readily available, supplemented by a nearby municipal lot and employee parking situated behind the building. This single-tenancy space is surrounded by a thriving mix of local and national retailers and restaurants, guaranteeing consistent foot traffic from both students and the broader community. The property's prime location and proximity to EMU create a unique opportunity for businesses seeking high visibility and a strong customer base. The Washtenaw County location, with APN 11-11-40-131-005, offers excellent access to major transportation routes and a vibrant, established market. This is a rare chance to secure a well-positioned retail space in a dynamic and growing area.

    Property Features for 707 Cross St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,756 SF
    Class
    B

    Unit(s) available at that property

    Space
    Size
    2,756 SF
    Rate per SF
    $15

    HighLights

    • 2,756 SF Class B retail space for lease at 707 W Cross St, Ypsilanti, MI 48197.
    • Located in the Ann Arbor submarket, adjacent to Eastern Michigan University.
    • Ample street parking plus rear employee parking.
    • Surrounded by national and local retailers, ensuring high foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ypsilanti Access Systems Hardware Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.6225931
    Latitude
    42.2454745

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    FAQs

    What type of property is this?
    Retail property - Prime location, 2756 sq ft, ample parking
    Where is this retail property located?
    The property is located at 707 Cross St Ypsilanti, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 2,756 SF Class B retail space for lease at 707 W Cross St, Ypsilanti, MI 48197.; Located in the Ann Arbor submarket, adjacent to Eastern Michigan University.; Ample street parking plus rear employee parking.
    Request Owner's contact information
    707 Cross St Ypsilanti, MI 48197
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    Ypsilanti, MI 48197
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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
    707 Cross St Ypsilanti, MI 48197
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