375 North StChelsea, MI 48118

Property Details for 375 North St

Lot size

1.00 AC

Property size (Sq ft)

57,263 SF

Property type

Mixed-use properties

Property subtype

Other retail properties

Description

This exceptional mixed-use investment property, located at 375 E North St in Chelsea, Michigan (48118), presents a rare opportunity. The 57,263 square foot, single-story building sits on a one-acre lot and is zoned C-5. Currently operating at 100% occupancy, the property features a thriving fusion restaurant, a gymnastics facility, and additional tenants. The building, which underwent renovations in 2000, is classified as Class B and is a free-standing structure. The asking price is $7,295,000, translating to $127.39 per square foot. This net lease investment offers a strong return on investment with a diverse tenant mix. The property is conveniently located within the Clocktower Complex and boasts ample parking. Seller financing is available. The property's location in Washtenaw County, Michigan, offers excellent access to major transportation routes and a vibrant local community. The property's APN is 06-06-12-111-002. This is a turnkey investment opportunity with significant upside potential.

Location Insight

City

Chelsea

County

Washtenaw

State

Michigan

Latitude

42.3208

Longitude

-84.019

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