Redevelopment Opportunity / Investment for Sale

3055 Plymouth Ann Arbor, MI 48105

3055 Plymouth, Ann Arbor, MI, 48105
3055 Plymouth, Ann Arbor, MI, 48105 3055 Plymouth, Ann Arbor, MI, 48105 3055 Plymouth, Ann Arbor, MI, 48105 3055 Plymouth, Ann Arbor, MI, 48105 3055 Plymouth, Ann Arbor, MI, 48105
FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$4,750,000
Last Verified:
Oct 25, 2024

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Highlights


Description

Newly rezoned to TC1 (Transit Corridor), this location presents as a redevelopment and/or investment opportunity (commercial/multi-family) on busy Plymouth Road.

The Orchard Professional Building is currently 92% occupied and is a modern two story multi-tenant office building. Abundant parking. Building signage available. Basement storage.

It is located on busy Plymouth between Nixon and Green Roads on an AATA bus line. One mile from US-23. Two miles from downtown Ann Arbor.

TC1 Transit Corridor

A. General Intent Statement
This district is intended along existing transit corridors with regular fixed service
provided by the Ann Arbor Area Transportation Authority primarily on established
commercial and office sites, often with deep front setbacks, vast surface parking lots and
lower floor area ratios than the previous zoning designation allowed. This district has
been created to facilitate, encourage, and support redevelopment and infill development
to realize mixed-use developments and achieve mixed-use corridors that support and
sustain transit service as well as encourage affordable housing, enable more housing
choices, more sustainable forms of development, with reduced resource and energy
needs. Pedestrian-friendly designs are critically important in this district as all transit
users of any mode begin and end their trips as pedestrians. Application of this district
will further the goals expressed in all elements of the City’s master plan, particularly the
Sustainability Framework, the Land Use Element, the Climate Action Plan, and the
Comprehensive Transportation Plan.

B. Specific Purpose Statements
When approving a petition to rezone a site from its current designation to TC1, the
Planning Commission and City Council should consider the following specific purpose
statements:
1. This district may replace the O, RE, ORL, C2B, C3, P, R5 and M1
districts. It should only replace other zoning designations in unique and
rare instances where another zoning district is entirely surrounded by
the specifically mentioned districts.
2. This district should be located proximate to a transit corridor, meaning a
Street with existing fixed transit service. All areas of parcels zoned TC1
should be no more than ½ mile from a transit stop.

The Orchard Professional Building is a modern two story multi-tenant office building. Abundant parking. Building signage available. Basement storage.

Located on busy Plymouth between Nixon and Green Roads. One mile from US-23. Two miles from downtown Ann Arbor.

On Plymouth Road between Nixon and Green Road. One mile from US-23, easy access to M-14 and I-94. Two miles from downtown Ann Arbor.


Year Built: 1984
Building Size: 18204sq ft
Building Class: B
Lot Size: 2.9 acres


Documents

3055 Plymouth Lease Brochure
Sale Brochure - 3055 Plymouth

Units for Lease

200
Space Available: 1650 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $21.00

Map of 3055 Plymouth, Ann Arbor, MI, 48105

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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