Property profile

317 Washington St Ypsilanti, MI 48197

OFF-MARKET
Commercial real estate
Property ID
US43-1032228
441 SF 0.22 ac lot Built 1958
Entity Owned Free & Clear
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Property summary

AI-generated overview

This thriving gas station presents a unique investment opportunity in the heart of Ypsilanti, Michigan. The property boasts a substantial 441 square foot walk-in store, equipped with six coolers, a lottery terminal, and an ATM, ensuring diverse revenue streams. The station benefits from newer pumps and a newer canopy, minimizing maintenance needs and maximizing operational efficiency. Situated on a 0.22-acre lot, the property offers ample space for customer parking and potential expansion. The high-traffic location within Ypsilanti guarantees consistent customer flow, contributing to strong profitability. This turnkey operation is ideal for an experienced entrepreneur seeking a well-established business with proven income potential. Financial records are available upon request, providing detailed insights into the station's performance and profitability. The asking price for this exceptional opportunity is $450,000. This represents a compelling investment in a stable and high-demand industry, offering significant returns for the discerning buyer. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1958
Total area 441 SF
Lot 0.22 ac (9,670 SF)
Zoning code HC
APN 11-11-40-186-012
UPID US43-1032228

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station

Location

317 Washington St Ypsilanti, MI 48197-2521
Ypsilanti metro Census 411000 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2026
3 recorded transactions
2026
$131,949
2015
Price N/A
2002
$191,100

Zoning & alternative use

HC · Ypsilanti, MI
General category SPECIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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