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    111 Main St Ann Arbor, MI 48104

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    Prime Ann Arbor location, 4,666 SF office

    Property size:
    4,666 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 4,666 square foot office building is ideally situated at 111 N Main St in Ann Arbor, Michigan, within the D1-Downtown Core District. Built in 1960, this vacant property offers a unique opportunity for owner-users. The main level boasts a formal reception area, private offices, conference rooms, restrooms, and a spacious open workspace. The second floor, bathed in natural light, provides a downtown view, a second reception area, private offices, restrooms, a conference room, and a large kitchen/break area. Adding significant value, the basement offers approximately 2,333 square feet of additional storage space, available at $10 per square foot gross. Parking is accommodated by up to six rear parking spaces, allowing for two cars deep. The 0.76-acre lot is zoned D1, but a Grant of Easement ensures unobstructed light, wind, and air for neighboring properties, preventing vertical redevelopment. This property's central location offers easy access to established businesses, retail, multi-family developments, ample public parking, Kerrytown, the University of Michigan, and M-14. The property's location and features make it an attractive investment for a variety of businesses. This is a rare opportunity to acquire a well-located, established office building in the heart of Ann Arbor. The property is vacant and ready for immediate occupancy. The parcel number is 09-09-29-141-003.

    Property Features for 111 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,666 SF
    Lot Size
    33,106 SF

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    2

    HighLights

    • 4,666 SF two‑story office building in Ann Arbor's D1 Downtown Core District.
    • Vacant and ready for immediate occupancy.
    • Main and second floor offer private offices, conference rooms, restrooms, and open workspace; second floor includes a kitchen/break area.
    • Basement provides 2,333 SF of storage space, leased at $10/SF gross.
    • Six rear parking spaces (two cars deep) on a 0.76‑acre lot (Parcel # 09‑09‑29‑141‑003), zoned D1 with a Grant of Easement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Liberty Title Insurance ... Title Company Zing Title Consultant Misty Mountain Cannabis Cannabis Store Oslo Movement Personal Trainer Stay Well Sports Physical Therapist

    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
    -83.748526100548
    Latitude
    42.281853958584

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Ann Arbor location, 4,666 SF office
    Where is this office property / space located?
    The property is located at 111 Main St Ann Arbor, MI.
    What are key features of this property?
    This property features: 4,666 SF two-story office building in Ann Arbor's D1 Downtown Core District.; Vacant and ready for immediate occupancy.; Main and second floor offer private offices, conference rooms, restrooms, and open workspace; second floor includes a kitchen/break area.
    (734) 994-3100
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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
    111 Main St Ann Arbor, MI 48104
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