500 Detroit Street
Ann Arbor, MI 48104

$1,495,000
Est. Mortgage: $7,393/mo
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Active
  • 1,856
    sq.ft.
Commercial

Grab this rare chance to own a coveted Kerrytown property on a dbl lot across from Zingerman's Deli! Unbeatable location for your business! Zoned R4C w/plans for a City approved 3-sty townhouse. Currently a gallery/owner occupied residence fully renovated to commercial specs w/custom features including wrought iron fence & gates & light fixtures. Galley kit w/commercial grade SS sink & overhead pot/pan hose, custom shelves & cabs & granite c-top. 1 bdrm/office & 1 accessible bthrm. Flooring is radiant heated Italian tile & hand-colored/embossed concrete. Windows are dble-glazed & commercial grade, including a custom skylight. Interior ceiling height ranges 10'-13'. Duralast roof w/40 yr warranty. Solid copper caps, gutters & downspouts on 3 sides. 5 ext drs including 2 loading drs & lrg insulated steel gar dr. Gated 10 car parking lot. Enclosed private courtyard w/brk garden walk-way & off-street entry. Security cameras front & parking lot.

Property Details
  • $7,470.00
    taxes
  • 1950
    built
  • 3250976
    MLS#
Natural gas heat
Ceramic tile flooring
Concrete floors
Parking spaces: 10
Brick exterior
Lot acreage is: 0.21
Lot dimension is: 80 X 112
Lot zoned: R4C
Present use: Paloma Gallery
Courtesy of:
The Charles Reinhart Company
Elizabeth R Brien

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855-GO-HANNA
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Get more info or schedule a showing:
Address Distance Sale date Sale price
633 S MAIN Street 0.85 mi. 9/30/2016 $1,450,000
1112 South University Avenue 0.86 mi. 11/25/2015 $1,500,000
2050 Commerce Drive 1.97 mi. 4/21/2017 $1,575,000
410 South Maple 2.06 mi. 3/27/2017 $1,300,000
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Ann Arbor Real Estate Market in 48104
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Mortgage information provided by:
Josie Allott
Mortgage Loan Originator
Direct Phone (248) 318-6931
NMLS# 718436
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The approximate monthly principal & interest payment for this property would be $7,393.29.

This payment is based on a 30-year loan at a fixed rate of 4.625 % - APR 4.732 % with a down payment of $74,750. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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500 Detroit Street, Ann Arbor, MI 48104 commercial offered for sale at $1,495,000.