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Two-Story Campus Investment Property
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709 N University Ave, Ann Arbor, MI 48105

3,380 SF property near University of Michigan's Central Campus.

Property Size3,380 SF
Price / SF$650.89
Days on Market166

Property Features for 709 N University Ave

General Information

Standard status Active
Size 3,380 SF
Property subtype Retail
Zoning D1
Occupancy 100%
Lease Type NNN
Investment Type Net Lease

Building Details

Year Built 1930
Buildings 1
Stories 2
Listing Agency: Colliers - Ann Arbor, Michigan
Listed By: Jim Chaconas · License #MI 6502358011
Source: Crexi
Added: Feb 26 Changed: Aug 9 Last Checked: Aug 11 at 10:19AM

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 Colliers - Ann Arbor, Michigan

Investment Insights

Based on property information with market context.

This 3,380 square-foot, two-story property is available for investment or owner-user purposes. Currently leased to Bruegger’s Enterprises until January 31, 2027, the property is located on N University Ave, near S State Street and the University of Michigan’s Central Campus. It features two deeded parking spaces at the rear of the building. The property is surrounded by established retail and is adjacent to the future Legends Global Merchandise, the Official Retail Partner for the University of Michigan Athletics. This location presents an opportunity for a café or restaurant user seeking a campus presence, or for a NNN investment.

Key Highlights

  • Prime location near the University of Michigan's Central Campus and S State Street.
  • Currently leased to Bruegger's Enterprises until January 31, 2027, offering immediate investment income.
  • Suitable for owner‑user (café/restaurant) or NNN investment.

Property Analytics

Current Use

Bruegger's Bagels (Bike/Boat/Book/etc) Store

Suggested Use

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

6,343
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48105, MI

38,883
Population
16,773
Households
2.3
Avg Household Size
30
Median Age
82%
College-Educated
98%
High-School Grad
49.5 sq mi
ZIP Area
786
Density / Sq Mi
$94,737
Median Household Income
$45,516
Median Earnings
$1,603
Median Rent
$485,600
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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Similar Off Market Nearby

  • Revive & Replenish 619 E University Ave, Ann Arbor, MI 48104
  • Blue Market 540 Thompson St, Ann Arbor, MI 48104
  • Blue Café 600 E Madison St, Ann Arbor, MI 48109
  • Moon Cafe 812 S State St, Ann Arbor, MI 48104
  • Great Lakes Coffee 701 packard st, ann arbor, mi 48104

Frequently Asked Questions

What type of property is this?
Coffee shop - 3,380 SF property near University of Michigan's Central Campus.
Where is this coffee shop located?
The property is located at 709 N University Ave Ann Arbor, MI.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Prime location near the University of Michigan's Central Campus and S State Street.; Currently leased to Bruegger's Enterprises until January 31, 2027, offering immediate investment income.; Suitable for owner‑user (café/restaurant) or NNN investment.
(734) 994-3100 Call to check price and availability
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