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Adult-Use Retail Space
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603 E WILLIAM ST, Ann Arbor, MI 48104

Second-floor retail space with an adult-use retailer license and leasehold rights in a mixed-use building.

Property Size1,725 SF
Price / SF$115.94
Days on Market12

Property Features for 603 E WILLIAM ST

General Information

Standard status Active
Size 1,725 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN

Building Details

Units 1
Tenancy Single
Listing Agency: C3 CRE, LLC
Listed By: Corbin Yaldoo · License #MI 6502431997
Source: Crexi
Added: Aug 10 Changed: Aug 18 Last Checked: Aug 20 at 6:41AM

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 C3 CRE, LLC

Investment Insights

Based on property information with market context.

This 1,725-size retail space is located on the second floor of a mixed-use building and includes an Adult-Use Retailer License and leasehold rights. The offering is for the operating retail business and related rights; real estate is not included. Prominent building signage is also part of the property’s physical presentation.

The space is at 603 E WILLIAM ST in downtown Ann Arbor, adjacent to the University of Michigan Diag and Central Campus. The surrounding area includes national and local retailers, restaurants, theaters, and museums. The property information also identifies pedestrian activity and daytime foot traffic in the immediate setting.

Key Highlights

  • Adult‑Use Retailer License included
  • Leasehold rights included; real estate not included
  • 1,725‑size second‑floor retail space

Property Analytics

Current Use

Treehouse 603 (Bike/Boat/Book/etc) Store

Suggested Use

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

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

4,508
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 - Second-floor retail space with an adult-use retailer license and leasehold rights in a mixed-use building.
Where is this retail space located?
The property is located at 603 E WILLIAM ST Ann Arbor, MI.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Adult‑Use Retailer License included; Leasehold rights included; real estate not included; 1,725‑size second‑floor retail space
(248) 231-9000 Call to check price and availability
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