Downtown Taproom with
For Sale
$425,000
100 S 4th Ave, Ann Arbor, MI 48104
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 Market121
Property Features for 100 S 4th Ave
General Information
Standard status
Active
Size
2,900 SF
Property subtype
Retail
Zoning
D1 (Downtown Core)
Additional Details
Furnished
Yes
Business Included
Yes
Liquor License
Yes
Listing Agency:
Swisher Commercial
Listed By:
Jeff Evans · License #MI #6506045981
(734) 926-0222
Source:
Swishercommercial
Added: Jun 23
Changed: Oct 3
Last Checked: Oct 20 at 5:39PM
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
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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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,230
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$764,600
$764.6K
Cap Rate 7%
$546,143
$546.1K
Cap Rate 9%
$424,778
$424.8K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$53.9K $18.60/SF
− Vacancy
−$3.0K −$1.02/SF
EGI
$51.0K $17.58/SF
− OpEx
−$12.7K −$4.39/SF
NOI
$38.2K $13.18/SF
Area
Ann Arbor, MI
Vacancy
5.50%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$764,600
Cap Rate 7%
$546,143
Cap Rate 9%
$424,778
Alternative Uses
Best Use
Specialty Retail
$546.1K
$477.9K – $637.2K
NOI $38,230 @ 7.0% cap · market cap 9.00%
Second Best
Industrial
$211.6K
$185.1K – $246.9K
NOI $14,811 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$640.5K
$560.4K – $747.2K
NOI $44,834 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
4,422
Businesses Nearby
Explore this area
Business Placement
Demographics for 48104, MI
41,588
Population
19,173
Households
2.2
Avg Household Size
27
Median Age
82%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
5,332
Density / Sq Mi
$63,341
Median Household Income
$16,073
Median Earnings
$1,548
Median Rent
$481,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
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
