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Investment Opportunity for Sale in Downtown Ypsilanti - Centennial Plaza Listing Details & Market Data

124 Pearl , Ypsilanti, MI 48197

  • For Sale $2,500,000
  • Property Type Office - General Office
  • Property Size 32,434 SF
  • Lot Size 0.55 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1922
  • Year Renovated 1999
  • Date Updated May 12, 2022
Northeast corner of Pearl & Washington Streets. One block from downtown Ypsilanti and easy access to many restaurants and services. Walking distance to restaurants, entertainment, parks, shopping.
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Location

  • Walk Score ® Walker's Paradise (92)
  • Transit Score ® Good Transit (53)
  • Bike Score ® Very Bikeable (76)
Powered by Walk Score ®
  • City Ypsilanti, MI
  • Zip Code 48197
  • Market Detroit

Points of Interest

Ann Arbor

7.31 miles

BP

0.86 miles

Mobil

1.33 miles

Circle K

1.40 miles

BP

3.91 miles

Citgo

4.41 miles

Exxon

4.42 miles

Meijer

6.64 miles

Ann Arbor Supercharger

7.80 miles

Sunoco

8.20 miles

Marathon

8.88 miles

Bowen Lot

0.83 miles

Hoyt Lot

1.16 miles

Lot M: Public

2.40 miles

Lot H: Public

2.48 miles

truck parking

5.09 miles

Trailhead Parking

5.18 miles

U of M Lot NC 23

6.04 miles

U-M P4 M22 Simpson Circle Parking Structure

6.48 miles

U-M Lot M83

6.67 miles

Thayer Street Parking Structure

6.93 miles

Haab's

0.12 miles

McDonald's

0.76 miles

Einstein Bros. Bagels

1.07 miles

Taco Bell

1.92 miles

Harvest Moon Cafe

4.02 miles

Little Caesars

4.39 miles

MI Juice Garden

4.48 miles

Mark's Mid-Town Coney Island

6.44 miles

Bravo

6.71 miles

No Thai!

6.71 miles

New Beginnings Academy

0.38 miles

Eastern Michigan University

0.97 miles

Erickson Elementary School

1.78 miles

Washtenaw Community College

2.91 miles

Carpenter Elementary School

3.16 miles

Arbor Preparatory High School

3.66 miles

Concordia University Ann Arbor

4.11 miles

University of Michigan

5.99 miles

Clonlara School

6.05 miles

Ross School of Business

6.60 miles

Little Angels Daycare

1.93 miles

Explorer Child Care Learning Center

3.30 miles

Annie's Children's Center

4.21 miles

Little Lamb Nursery & Kindergarten

4.88 miles

Towsley Chidren House

6.47 miles

Green Apple Garden Upper Playschool

7.68 miles

Kozy Heart Daycare Center

7.69 miles

Gretchen's House

7.85 miles

Gretchen's House

7.87 miles

Gretchen's House

8.13 miles

Contacts

broker

Tony Caprarese

Swisher Commercial

(734) 222-7520

Highlights

  • Current Occupancy - 98%
  • Historic downtown Ypsilanti building
  • Investment opportunity
  • Cap rate 8%
  • 30+ individual private offices with restrooms in each suite
  • Private surface parking lot

Attachments

Contact Listing Broker

broker

Tony Caprarese

Swisher Commercial

(734) 222-7520

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