Property summary
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 profile
VerifiedCap rate & NOI
Current use
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General Contractor Renovation Specialist
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Home Decor Store Furniture & Home Goods
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-1 IN · Chelsea, MIZoning
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Zoning designation
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