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    4801 Washtenaw Ave Ann Arbor, MI 48108

    Sponsored
    For Lease
    $10 SF/Yr ($17,513 /Mo)

    19,550 SF Single-Tenant Retail Building

    Lot size:
    19,550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 19,550-square-foot retail space is available for lease at 4801 Washtenaw Ave in Ann Arbor, Michigan. Located in the Washtenaw E of 23 submarket, this single-tenant building sits on a generous 1.8-acre lot and offers ample parking with 20 spaces. Built in 1973 and renovated in 1988, the property boasts a single-story design, providing convenient access and functionality. The entire 19,550 square feet is currently vacant, presenting a unique opportunity for a business seeking significant space. The property is zoned C-2, allowing for a variety of commercial uses. Its convenient location on Washtenaw Avenue, with cross-street access to US 23, ensures high visibility and accessibility for customers. The property's address is 4801 Washtenaw Ave, Ann Arbor, MI 48108, and its parcel number is L-12-01-401-003 in Washtenaw County. This prime location and substantial square footage make this property an ideal investment for a variety of retail businesses. The property's size and location offer significant potential for growth and success. Serious inquiries are encouraged.

    Property Features for 4801 Washtenaw Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,550 SF
    Total Rate
    17513.54

    Building Details

    Year Built/Renovated
    1973/1988
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    19,550 SF
    Rate per SF
    $10
    Property Profile Location Intelligence

    Current Use by Public Records

    American Freight Furniture ... Furniture Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.6650421
    Latitude
    42.2514103

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    FAQs

    What type of property is this?
    Retail property - 19,550 SF Single-Tenant Retail Building
    Where is this retail property located?
    The property is located at 4801 Washtenaw Ave Ann Arbor, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    Request Owner's contact information
    4801 Washtenaw Ave Ann Arbor, MI 48108
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    Ann Arbor, MI 48108
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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
    4801 Washtenaw Ave Ann Arbor, MI 48108
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