375 E North St
Chelsea, MI 48118
Retail Property For Sale
EXECUTIVE SUMMARY
The Warehouse Building is nestled at the rear of the Clocktower Complex with ample parking. Sprawling over 57,000 square feet it has been recently redeveloped into a successful mixed-use property, offering The Grateful Crow, a well-loved fusion restaurant, PAX Gymnastics, Hatch Stamping, and additional tenants.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
57,263 SF
Building Class
B
Year Built/Renovated
1906/2020
Price
$7,295,000
Price Per SF
$127.39
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.95
Lot Size
1.38 AC
Zoning
C5 - Commercial
Parking
100 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
492’ on East North Street
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 06-12-111-006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,293,400 |
