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Downtown Taproom with Production

100 S 4th Ave Ann Arbor, MI 48104

100 S 4th Ave, Ann Arbor, MI, 48104
$425,000
For Sale
$425,000

Fully furnished 2,900sf taproom with dedicated production areas, patio, and extensive on-site brewing equipment.

Property Size2,900 SF
Price / SF$146.55
Days on Market62

Property Features for 100 S 4th Ave

General Information

Standard status
Active
Size
2,900 SF
Property subtype
Retail
Listing agency Swisher Commercial
Listed by Jeffrey Evans
Source Cpix.resimplifi
Added: May 22 Updated: Jul 22 at 9:44AM Checked: Jul 22 at 9:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Swisher Commercial


Investment Insights

Based on property information with market context.

A fully furnished, light-filled taproom built for both guest service and production, offering a flexible layout that supports taproom operations, private or community events, and expanded production. The space includes a seating area and production areas, plus separate shared bathrooms. A glass roll-up door within the seating area provides direct interaction with an active front-of-taproom setting for events.

The property is located in downtown Ann Arbor, one block off Main Street and two blocks from Kerrytown. The front includes a glass roll-up door that facilitates daytime deliveries and provides an inviting storefront experience for sidewalk patio seating.

Included with the sale is the operating infrastructure and readiness to continue service, including brewing equipment such as five 15BBL jacketed bright beer tanks, five 7BBL single wall serving tanks, a large walk-in cooler with direct taps, and a Wild Goose WG1 canning line, along with a keg washer and glycol chiller. Licenses included are described as current, including a small winemakers license, brewery license, sidewalk patio permits, health department, music and movie licensing, and Main Street Social District licensing, plus membership to multiple downtown business associations. A secure lease runs through February 2028 with two additional five-year options.

Key Highlights

  • 2,900 SF fully furnished modern taproom with separate shared bathrooms, featuring dedicated taproom and production areas
  • On‑site brewing system includes five 15BBL jacketed bright beer tanks, walk‑in cooler with direct taps, five 7BBL serving tanks
  • Canning and conditioning equipment includes Wild Goose WG1 canning line, keg washer, and glycol chiller

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $53.9k $18.60
− Vacancy −$3.0k −$1.02
EGI $51.0k $17.58
− OpEx −$12.7k −$4.39
NOI $38.2k $13.18
2,900 SF · lease $18.60/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$546.1K
$477.9K – $637.2K (±1% cap)
NOI $38,230 @ 7.0% cap · market cap 9.00%
Second Best
Industrial
$211.6K
$185.1K – $246.9K (±1% cap)
NOI $14,811 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$640.5K
$560.4K – $747.2K (±1% cap)
NOI $44,834 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Courthouse Square Senior ... Apartment Building StudioStudio downtown (Bike/Boat/Book/etc) Store Christian J. Rasmussen, ... Physician IVEY Hair Salon Bløm Mead + Cider Bar & Pub

Suggested Use

Electrical Service HVAC Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Brewery - Fully furnished 2,900sf taproom with dedicated production areas, patio, and extensive on-site brewing equipment.
Where is this brewery located?
The property is located at 100 S 4th Ave Ann Arbor, MI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,900 SF fully furnished modern taproom with separate shared bathrooms, featuring dedicated taproom and production areas; On‑site brewing system includes five 15BBL jacketed bright beer tanks, walk‑in cooler with direct taps, five 7BBL serving tanks; Canning and conditioning equipment includes Wild Goose WG1 canning line, keg washer, and glycol chiller
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