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High Visibility Retail for Sale - Ann Arbor - Pittsfield Twp

4837 Washtenaw Ave, Ann Arbor, MI 48108

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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

For Sale

Retail

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

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