Property profile

50 Fletcher Rd Chelsea, MI 48118

OFF-MARKET
Retail space
Property ID
US43-1830399
3,684 SF 2.47 ac lot
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,684 square foot standalone office building in Washtenaw County offers a unique blend of modern amenities and convenient location. The single-tenant property features a secure gated entrance and ample parking, ensuring a welcoming and safe environment. Inside, you'll find a completely renovated interior filled with natural light, creating a bright and productive workspace. The layout includes a spacious open area, complemented by built-in cabinets for efficient storage. Three soundproof offices and three additional private offices provide ample space for focused work. A large conference room is perfect for meetings and presentations, while a full kitchen with dining space allows for comfortable breaks and informal gatherings. Three bathrooms add to the convenience and functionality of the space. The property is zoned for general commercial use and is conveniently located near I-94, offering easy access to downtown Chelsea, Dexter, and West Ann Arbor. This well-maintained, locally owned building presents a fantastic opportunity for businesses seeking a move-in ready space to establish or expand their operations. The property is a single-story building with no elevators, and its address is identified by APN G-07-17-400-014 and cross street Jackson Road. The total square footage is 3,684, all of which is currently vacant.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 3,684 SF
Lot 2.47 ac (107,593 SF)
Zoning code GC
APN G -07-17-400-014
UPID US43-1830399

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
  • Recording Studio
  • Recording Studio

Location

50 Fletcher Rd Chelsea, MI 48118-9617
Chelsea metro Census 448000 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2011
3 recorded transactions
2011
$206,500
1999
Price N/A
1969
Price N/A

Zoning & alternative use

GC · Chelsea, MI

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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