High Visibility Retail for Sale - Ann Arbor - Pittsfield Twp
4837 Washtenaw Ave, Ann Arbor, MI 48108

Overview
This 1,982 SF stand-alone commercial building is positioned along the high-traffic Washtenaw Avenue corridor in Pittsfield Township, offering outstanding visibility to more than 20,000 vehicles per day. Situated on 0.609 acres, the property provides a rare opportunity for owner-occupiers, investors, and redevelopment users seeking a flexible footprint in one of the area’s most active mixed-use commercial districts.
The building is currently leased through May 2027, providing stable income for investors. The tenant holds a renewal option, with extension rate to be determined. The listing price is based on an 8.7% CAP rate, making this a compelling income-producing asset with future upside through redevelopment, repositioning, or lease renegotiation.
The site is located within a federally designated Opportunity Zone, offering potential tax advantages for qualifying investors. Zoned FB – Form Based (Washtenaw Avenue Mixed Use District), the property supports a wide range of commercial, service, retail, and mixed-use redevelopment possibilities consistent with the township corridor plan.
With prominent frontage on Washtenaw Avenue just one mile east of US-23, the location provides seamless access to I-94, M-14, and the broader Ann Arbor–Ypsilanti regional market. Strong surrounding retail, residential density, and consistently high traffic volumes support diverse commercial uses, from restaurant and service retail to medical office or future mixed-use redevelopment.
- 1,982 SF stand-alone commercial building on 0.6262 acres
- Located in a federally designated Opportunity Zone
- 20,000 VPD along Washtenaw Avenue
- Zoned FB – Form Based (Washtenaw Ave Mixed Use) allowing diverse commercial + redevelopment uses
- Existing tenant could provide income while planning for future use
- Excellent regional access — 1 mile to US-23 with quick connections to I-94 and M-14
- Strong visibility, signage potential, and proximity to dense retail/residential corridor
Attachments
For Sale
Secondary Uses: Restaurant, Free Standing, Street Retail
- Sale Price
- $525,000
- Price Per SF
- $264.9/SF
- Building Size
- 1,982 SF
- Acres
- 0.609 ac
- Zoning
- FB (Form Based) Washtenaw Ave Mixed-Use
- Zoning Description
- Form Based
- Tenant
- Yee Siang Dumplings
- Building Name
- High Visibility Retail for Sale - Ann Arbor - Pittsfield Twp
- Floors
- 1
- Year Built
- 1970
- Parking Spaces
- 35
- Nearest MSA
- Ann Arbor
- Tax ID Number
- L-12-01-401-005
- Property Status
- Existing
- Vehicles Per Day
- 20,000 VPD
- Average Occupancy Rate
- 100%
- Ceiling Height
- 12'
- Nearest Interstate
- I-94
- Nearest Highway
- US‑23 / M‑14
- Nearest Airport
- DTW, Ann Arbor
- Power Provider
- DTE
- Water Provider
- City
- Sewer Provider
- City
- Natural Gas Provider
- DTE
- County
- Washtenaw
- Available
- 12/10/2025
- Created
- 12/10/2025
- Updated
- 12/15/2025
- Listing ID
- 39803c27
- Parcel APN
- L -12-01-401-005
Contact Brokers
Property Area Insights
presented by Placer.ai



