Big Boy Restaurant

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Big Boy Restaurant

Type: Sale

2800 Washtenaw Ave Ypsilanti MI Washtenaw County

Property Type: Restaurant

Date Available: Immediately

Sales Price: $895,000

Contact Person(s): Gordon S. Hyde
& Michael R. Lippitt

(248) 488-2620

Description:

For Sale – Big Boy Restaurant Property

The subject property is strategically located half-way between Golfside Drive and Hewitt Road on Washtenaw Avenue in the heart of Ypsilanti’s dominant retail corridor. The site is situated in front of Fountain Plaza Shopping Center with easements to same. The property benefits from its close proximity (less than one mile) from Eastern Michigan University (19,123 students), St. Joseph Mercy Hospital (8,000 employees), Washtenaw Community College (12,264 students) and is one mile east of the US-23 Interchange at Washtenaw Avenue. The site is surrounded by dense residential neighborhood with over 13,000 people in one mile and 64,000 people in three miles with median household incomes above $60,000.00. Traffic on Washtenaw Avenue is high with over 25,000 cars per day. The site has excellent visibility, signage and 82 designated parking spaces with shared parking in the rear.

Property Taxes: $21,079.07

Building Size: 5,109 SF

Lot Size: 1.44 AC

Lot Dimensions: 195' (frontage along Washtenaw Ave)

Zoning: B-3

Traffic Count: Washtenaw Ave = 25,200 cpd
Golfside Rd = 12,800 cpd

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 13,029 64,662 180,489
Avg. HH Income: $59,730 $73,880 $83,212

LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.