Mack and Mack Building sold in Downtown Ypsilanti

February 11, 2008 by  
Filed under News


Mack and Mack Building in Downtown Ypsilanti purchased by Eric and Karen Maurer.

(February 11, 2008) Depending on when you moved to Ypsilanti, you may call the building the Mack and Mack or perhaps you called it the Valencia Gym. Either way, you can now call it sold.

Eric and Karen Maurer of Maurer Management have purchased the long empty 22,000 s.f. building at 211 to 215 West Michigan Avenue in Downtown Ypsilanti. The building sits between Bombadill’s Coffee Shop and TC’s Speakeasy Bar and Grill.

The Maurer’s are one of the largest property owners and investors in Ypsilanti. Besides owning a number of residential buildings in the Midtown and EMU area, they also own three other buildings in Downtown Ypsilanti including the Kresge building and lofts at 200 W. Michigan and 128-130 W. Michigan Avenue with the What Is That Gallery having just opened over the weekend.

Karen Maurer said, “We are very excited about this project. Our intent is to do the same thing we did at 200 W. Michigan with upscale lofts and retail on the first floor.”

The building has been for sale for nearly 6 years and many see this as the missing link in the final build out of downtown Ypsilanti. With Spark planning to locate a business incubator at the Smith Building, the Mack and Mack building was one of the last large parcels available downtown.

The Mongolian BBQ Restaurant is still planning to open this year in the Kresge Building. David Curtis, who is a partner in J. Neill’s Mongolian BBQ, said they are installing the kitchen this month and are making great progress. Passer-byers will see the spectacular tin ceiling that was recently installed in the restaurant.

With this most recent purchase, the Maurer’s are now the largest property owners in Downtown Ypsilanti.

Comments

2 Comments on "Mack and Mack Building sold in Downtown Ypsilanti"

  1. jibjab on Mon, 11th Feb 2008 8:26 pm 

    What was the final price…?

  2. Steve Pierce on Tue, 19th Feb 2008 12:53 pm 

    $300,000 is what I head heard. – Steve

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