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    405 S Main St Ann Arbor, MI 48104

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    For Lease
    Contact for pricing

    New construction retail space near the University of Michigan campus.

    Property size:
    6,000 SF
    Lot size:
    1.15 Acres

    Property Features for 405 S Main St

    General Information

    Size
    6,000 SF
    Lot size
    1.15 Acres

    Source: MSC Retail - Philadelphia Agent Matthew Stein

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

    Overview

    University of Michigan Retail Space

    This is a new construction, mixed-use project featuring approximately 6,000 square feet of ground floor retail space. It is centrally located near the University of Michigan, proximate to the downtown retail corridor, academic buildings, and both on and off-campus residential student housing. Tenant delivery is estimated for Fall 2022, with immediate delivery available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Standard at Ann Arbor Apartment Building

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7487467
    Latitude
    42.2842204

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    FAQs

    What type of property is this?
    Retail space - New construction retail space near the University of Michigan campus.
    Where is this retail space located?
    The property is located at 405 S Main St Ann Arbor, MI.
    What are key features of this property?
    This property features: - Immediate delivery available; - New construction property; - Purpose-built student housing
    (215) 568-2600
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    405 S Main St Ann Arbor, MI 48104
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    Ann Arbor, MI 48104
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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
    405 S Main St Ann Arbor, MI 48104
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