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    221 S Main St Ann Arbor, MI 48104

    For Lease
    $55 SF/Yr ($6,746 /Mo)

    Desirable downtown location with high visibility and foot traffic.

    Property size:
    1,472 SF
    Lot size:
    0.13 Acres

    Property Features for 221 S Main St

    General Information

    Size
    1,472 SF
    Lot size
    0.13 Acres

    Source: Colliers - Ann Arbor Agent James H. Chaconas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space, Ann Arbor

    This retail space is located in a desirable downtown Ann Arbor location, offering 1,472 square feet of street-level space. The storefront features large display windows, an open floor plan, and historic details. Basement storage is available. Situated just off the corner of South Main Street, the high-visibility location is surrounded by established retail, restaurants, and public parking, making it ideal for attracting steady foot traffic. The intended use of the property is for retail business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Blanchard & Walker PLLC Employment Attorney David M. Blanchard, ... Employment Attorney Deborah La Belle ... Attorney Carole M. Stanyar Attorney Streeter Patricia Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    University Flower Shop, Tom Thompson Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7482199
    Latitude
    42.2797273

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    FAQs

    What type of property is this?
    Storefront property - Desirable downtown location with high visibility and foot traffic.
    Where is this storefront property located?
    The property is located at 221 S Main St Ann Arbor, MI.
    What is the lease rate?
    The lease rate is $55 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location just off S Main Street in desirable downtown Ann Arbor.; - 1,472 SF of street-level retail space.; - Surrounded by established retail, restaurants, and public parking, ensuring steady foot traffic.
    (734) 994-3100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    221 S Main St Ann Arbor, MI 48104
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