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    1300 University Ave Ann Arbor, MI 48104

    For Lease
    $35 SF/Yr

    Prime Downtown Ann Arbor location, 1,585 sq ft.

    Lot size:
    235,070 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,585-square-foot retail or restaurant space is ideally situated in Ann Arbor's vibrant downtown core, at 1300 S University Ave, near Church Street. Located in a Class A building constructed in 2012, this single-tenant space boasts a desirable Downtown Core District zoning. The property is part of a larger 235,070-square-foot building and benefits from high ceilings and an industrial aesthetic. Its prime location offers excellent street frontage and ample storefront windows, ensuring high visibility. The property is surrounded by a thriving mix of established businesses, including Beyond Juice & Eatery, No Thai!, 7-Eleven, Good Time Charley's, Joe's Pizza, and Soul Cycle, ensuring high foot traffic. Its proximity to the University of Michigan campus, Landmark Ann Arbor student apartments, Vic Village student housing, and a future student housing development guarantees a consistent customer base. Convenient on-street parking is available, with additional parking options at the nearby Forest Street Parking Structure. This is a truly exceptional opportunity for a business seeking a high-traffic, high-visibility location in the heart of Ann Arbor. The property's APN is 09-09-28-309-040.

    Property Features for 1300 University Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    235,070 SF
    Class
    A
    Total Rate
    685620.83

    Building Details

    Year Built
    2012
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    1,585 SF
    Rate per SF
    $35
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Beyond Juicery + Eatery Juice Shop Landmark Apartments Apartment Rental Agency Western Union Money Transfer Service 7-Eleven Convenience Store No Thai! South ... Thai Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.732695693178
    Latitude
    42.275044575178

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    FAQs

    What type of property is this?
    Restaurant - Prime Downtown Ann Arbor location, 1,585 sq ft.
    Where is this restaurant located?
    The property is located at 1300 University Ave Ann Arbor, MI.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    Request Owner's contact information
    1300 University Ave 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
    1300 University Ave Ann Arbor, MI 48104
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