Redevelopment
300 W. Forest | Ypsilanti, Michigan | 1- and 2-Family Residential
This historic Ypsilanti property is suitable for use by public charter schools, conversion into condominium units, or repurposing as uniquely attractive office space with shared conference and reception facilities. The city is interested in attracting artists or employing the facility as rented studio or shared gallery space, so the zoning designation is fairly flexible, and the R2 zoning is open to reasonable proposals for innovative projects. The building’s choice location in Ypsilanti’s renowned historic district lends character and distinction to the property, making a tear-down undesirable.
Working in Ypsilanti, a Redevelopment Ready Community
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Ypsilanti was certified by the Michigan Suburbs Alliance as a Redevelopment Ready Community in March 2006. Achieving this distinction required the city to conduct a thorough analysis of its internal redevelopment processes and resolve weaknesses, inefficiencies and complexities with the help of certified planning consultants. Improvements were guided by the Redevelopment Ready Communities Best Practices, which were developed by a committee made up of representatives from development, real estate, academia, and state and local government. The result is an open and inviting redevelopment climate in the city of Ypsilanti.
Address: 300 W. Forest Ypsilanti, MI 48197
Current ownership: Ave Maria College
Sale price: $1,800,000
Tax ID number: 11-11-04-362-016
Zoning: R2 - one and two-family residential
Estimated annual taxes: $70,000
Size of parcel: 2.91 acres
Current land use: school/college
Financial incentives are applicable to this property.
- Built in 1940s
- Includes 4050 square foot adminstrative offices building and 16,800 square feet of classrooms, library and gymnasium
- 1 story
- 25-30 parking spaces
- Alarm system
- Walking distance to Eastern Michigan University Campus, Depot Town and downtown
All utilities, including internet and cable TV. No known environmental conditions.
- High visibility. Corner frontage on arterial street Forest Avenue (9000-10,000 vehicles/day) and Adams Street.
- County Border to Border Trail planned to run along Forest Avenue.
- Walking distance to downtown, Depot Town, Eastern Michigan University Campus.
- Immediately adjacent properties include single- and multi-family residential.
- Surrounding properties include Eastern Michigan University Campus (one block west) and structures within Ypsilanti Historic District.
- Rear of property open space. County Drain easement is near the rear property line.
Realtor: Mike Rohde, Real Estate One
(734) 662-8600 x 428
City Contact: Richard Murphy, Planner I
(734) 483-9646
