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

Two-story storefront property leased through January 31, 2027, with two deeded parking spaces at the rear.

Property Size3,380 SF
Price / SF$0.01
Days on Market202

Property Features for 709 N University Ave

General Information

Standard status Active
Size 3,380 SF
Total Parking Spaces 2
Property subtype Retail
Zoning D1

Additional Details

Asking Price $2,200,000

Building Details

Building Size 3,380 SF
Year Built 1930
Stories 2
Listing Agency: Colliers - Ann Arbor
Listed By: James H. Chaconas
Source: Cpix.resimplifi
Added: Feb 19 Changed: Sep 8 Last Checked: Sep 9 at 5:29AM

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

Investment Insights

Based on property information with market context.

This two-story storefront campus property contains 3,380 SF and is currently leased through January 31, 2027. It is set up for an investor seeking stable, long-term occupancy while also offering future flexibility for an owner-user.

Located at 709 N University Ave near S State Street, the property is steps from the University of Michigan’s Central Campus. It is positioned to benefit from campus foot traffic and surrounding retail activity.

The building includes two deeded parking spaces located at the rear, supporting day-to-day customer access. The site is adjacent to the future Legends Global Merchandise, the Official Retail Partner for Michigan Athletics, adding additional retail momentum in the immediate area.

Key Highlights

  • 3,380 SF two‑story storefront campus property
  • Leased through January 31, 2027
  • Steps from the University of Michigan’s Central Campus

Property Analytics

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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
Under-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • Tom Thompson Flowers 504 s main st, ann arbor, mi 48104
  • University Flower Shop 7 Nickels Arcade, Ann Arbor, MI 48104

Frequently Asked Questions

What type of property is this?
Storefront property - Two-story storefront property leased through January 31, 2027, with two deeded parking spaces at the rear.
Where is this storefront property located?
The property is located at 709 N University Ave Ann Arbor, MI.
What are key features of this property?
This property features: 3,380 SF two‑story storefront campus property; Leased through January 31, 2027; Steps from the University of Michigan’s Central Campus
More about this property
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