Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    20401 Old Us Highway 12 Chelsea, MI 48118

    For Lease
    $10 SF/Yr ($13,930 /Mo)

    15,550 SF Flex Space, Ann Arbor Area

    Lot size:
    15,550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 15,550-square-foot industrial flex space, located at 20401 W Old US Hwy 12 in Chelsea, Michigan, presents a unique opportunity. The single-story, Class C building, constructed in 1977 and renovated in 2021, sits on 2.2 acres of land in the Washtenaw County's Washtenaw W of 23 submarket, close to Ann Arbor. The property is zoned I-1 (Industrial) and features a mix of uses, ideal for a variety of businesses. The building offers 4,130 contiguous square feet, perfect for a machine shop, contractor, or similar industrial user. Access is provided via one grade-level overhead door and one loading dock. Inside, you'll find an 18-foot ceiling with 10-foot clear height, a shop sink, restroom facilities, radiant and forced air heating, and 512 square feet of office space. Exterior features include fenced outdoor storage. The property boasts convenient access to I-94, downtown Chelsea, Dexter, and is only 20 minutes west of Ann Arbor. Utilities include 220-amp, three-phase power. The APN is 06-06-13-275-002. This property is situated near the Chelsea Fair Grounds and the intersection of Old US 12 and M-52 (Main Street). Multiple tenants are possible.

    Property Features for 20401 Old Us Highway 12

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,550 SF
    Class
    C
    Total Rate
    13930.21

    Building Details

    Year Built/Renovated
    1977/2021
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    4
    Size
    4,130 SF
    Rate per SF
    $10

    HighLights

    • 15,550 SF industrial flex space on 2.2 acres in Chelsea, MI.
    • 4,130 SF contiguous warehouse space with 10' clear height, ideal for a machine shop or contractor.
    • 512 SF of office space.
    • One grade‑level overhead door and one loading dock.
    • Fenced outdoor storage and convenient access to I‑94 and Ann Arbor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chelsea
    County
    Washtenaw
    State
    Michigan
    Longitude
    -84.027239046873
    Latitude
    42.307112157727

    Nearby Similar for Lease

    • $12,000 /Mo
      9,250 SF

      Turnkey Restaurant at Robin Hills Farm

      Fully equipped restaurant for lease within a high-demand event destination.
      M-52 20390, Chelsea, MI
      View Details
    • $25 SF/Yr
      27,280 SF

      Downtown Chelsea Restaurant Space

      Prime Main Street location, 2,941 SF
      115 Main St, Chelsea, MI 48118
      View Details
    • $25 SF/Yr
      3,684 SF

      Prime Chelsea Office Space

      Standalone Office, 3684 sq ft, Fully Renovated
      50 Fletcher Rd, Chelsea, MI 48118
      View Details
    • $395,000
      2,900 SF

      Retail/Office Building For Lease/Sale

      2,900 SF retail/office building at high-traffic intersection.
      14495 N Territorial Rd, Chelsea, MI 48118
      View Details
    • Contact for pricing
      52,968 SF

      Chelsea Retail Center Opportunity

      High-Visibility Retail Space Available
      1620 Main St, Chelsea, MI 48118
      View Details
    • $13 SF/Yr
      1,400 SF

      Retail Space in Renovated Center

      Retail space available in a recently renovated shopping center.
      1145 S Main St, Chelsea, MI 48118
      View Details

    FAQs

    What type of property is this?
    Individual retail property - 15,550 SF Flex Space, Ann Arbor Area
    Where is this individual retail property located?
    The property is located at 20401 Old Us Highway 12 Chelsea, MI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 15,550 SF industrial flex space on 2.2 acres in Chelsea, MI.; 4,130 SF contiguous warehouse space with 10' clear height, ideal for a machine shop or contractor.; 512 SF of office space.
    Request Owner's contact information
    20401 Old Us Highway 12 Chelsea, MI 48118
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    20401 Old Us Highway 12
    Chelsea, MI 48118
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    20401 Old Us Highway 12 Chelsea, MI 48118
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.