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    730 Main St Ann Arbor, MI 48104

    Sponsored
    For Sale
    $1,999,999

    Downtown Ann Arbor redevelopment opportunity

    Property size:
    2,140 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,140 sq ft commercial property, located at 730 N Main Street in Ann Arbor, MI 48104, presents a unique investment opportunity. Built in 1948, this single-story, Class B building sits on a 0.13-acre lot and is zoned C1, allowing for diverse redevelopment options. Its prime location on Main Street offers unparalleled visibility and high foot traffic, benefiting from proximity to the University of Michigan Hospital and Central Campus. The existing convenience store business, including a liquor license, is also for sale, presenting a chance to revitalize an established operation or embark on a new venture. Easy access to major highways US-23 and M-14 adds to its appeal. With an asking price of $1,999,999 ($934.58/sq ft), this property is ideal for investors seeking to capitalize on Ann Arbor's thriving downtown market. The property's versatility and location make it a compelling investment for those seeking to shape the future of Ann Arbor's commercial landscape. This is a rare chance to acquire a piece of Ann Arbor's vibrant downtown core.

    Property Features for 730 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,140 SF
    Class
    B
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1948
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Revitalize existing convenience store (liquor license included) or develop new project.
    • C1 zoning allows diverse redevelopment options.
    • High‑visibility corner location on Main Street in Ann Arbor.
    • Excellent access to US‑23 and M‑14 highways.
    • Proximity to University of Michigan Hospital and Central Campus.
    Property Profile Location Intelligence

    Current Use by Public Records

    Summit Party Store Convenience Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7146001
    Latitude
    42.2660881

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    FAQs

    What type of property is this?
    Individual retail property - Downtown Ann Arbor redevelopment opportunity
    Where is this individual retail property located?
    The property is located at 730 Main St Ann Arbor, MI.
    What is the asking price?
    The asking price for this property is $1,999,999.
    What are key features of this property?
    This property features: Revitalize existing convenience store (liquor license included) or develop new project.; C1 zoning allows diverse redevelopment options.; High-visibility corner location on Main Street in Ann Arbor.
    Request Owner's contact information
    730 Main St Ann Arbor, MI 48104
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    Ann Arbor, MI 48104
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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
    730 Main St Ann Arbor, MI 48104
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