1159 Michigan Ave, Ypsilanti, MI 48198-5807
This 15,633-square-foot Class C medical office building, located at 1159 E Michigan Ave in Ypsilanti, Michigan, offers multiple suites for lease. Currently, 11,770 square feet are vacant, divisible into spaces ranging from 1,640 to a maximum contiguous 5,885 square feet. Built in 1966, the property sits on a 1.898-acre lot and is zoned RC - Regional Corridor. The building boasts excellent visibility from Michigan Avenue and ample parking (3.8 spaces per 1,000 square feet). Existing building amenities include 14 exam rooms, 4 private restrooms, 2 X-ray rooms, a large break room, a spacious reception area, a 303-square-foot laboratory, and a fully equipped Mobile Imaging truck area with a dedicated waiting room. The property's location within Ypsilanti's thriving market is complemented by a diverse mix of existing medical tenants, including a pharmacy and physical therapy practice. The Washtenaw County location, with APN K-11-10-125-015, offers a strategic advantage for medical professionals seeking a well-established and convenient location. This is a prime opportunity to secure high-quality medical office space in a desirable area.
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Heritage Medical Center Medical Clinic
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Probility Physical Therapy Physician
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Dr. Albert Klemptner, MD Physician
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Dr. Vladimir Klemptner, MD Physician
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Great Lakes Medical Evaluations Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.