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Kerrytown Retail/Restaurant Investment Opportunity
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300 Detroit St, Ann Arbor, MI 48104

Premier retail/restaurant investment in Ann Arbor's cherished Kerrytown neighborhood.

Property Size3,744 SF
Price / SF$632.75
Days on Market206

Property Features for 300 Detroit St

General Information

Standard status Active
Size 3,744 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN

Building Details

Tenancy Single
Listing Agency: Wickfield Properties
Listed By: Eric Rudland · License #MI 6501438609
Source: Crexi
Added: Jan 29 Changed: Aug 17 Last Checked: Aug 21 at 2:26PM

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 Wickfield Properties

Investment Insights

Based on property information with market context.

This retail and restaurant investment opportunity is located in Ann Arbor's Kerrytown neighborhood, characterized by a historic brick streetscape and an eclectic mix of independent retailers, specialty food purveyors, and cultural attractions. The district attracts local residents, University of Michigan students and faculty, and regional visitors year-round, creating a diversified demand base for retail and dining uses. The property offers investors a combination of tenant credit supported by an established local brand, an attractive walkable location, and long-term cash flow with minimal landlord responsibilities under the NNN lease. The property is suitable for investors seeking exposure to downtown Ann Arbor’s retail dining sector with predictable income and value-add through long-term ownership. The property has a size of 3744 square feet.

Key Highlights

  • Premier retail/restaurant investment opportunity in Ann Arbor's highly desirable Kerrytown neighborhood.
  • Strong tenant credit supported by an established local brand.
  • Attractive, walkable location in a high‑barrier‑to‑entry market.

Property Analytics

Current Use

Detroit Street Filling ... Restaurant Native Plant Nursery Garden Center

Suggested Use

Top Pick Electrical Service HVAC Service Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,238
Businesses Nearby

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Premier retail/restaurant investment in Ann Arbor's cherished Kerrytown neighborhood.
Where is this retail space located?
The property is located at 300 Detroit St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $2,369,000.
What are key features of this property?
This property features: Premier retail/restaurant investment opportunity in Ann Arbor's highly desirable Kerrytown neighborhood.; Strong tenant credit supported by an established local brand.; Attractive, walkable location in a high‑barrier‑to‑entry market.
More about this property
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