3949 State St Ann Arbor, MI 48108
This exceptional Ann Arbor property, located at 3949-3957 S. State Street, offers flexible industrial and mixed-use space, ideal for a variety of businesses. The building boasts units ranging from 2,000 to 5,800 square feet, perfect for contractors needing grade-level access via approved overhead doors. Zoned C3 – Fringe Commercial, the property allows for diverse uses including artist studios, entertainment venues, indoor/outdoor recreation facilities, auto sales/rental, outdoor sales, restaurants, wholesale building materials suppliers, childcare centers, trade schools, and more. The convenient location on busy State Street Road, directly accessible from I-94, ensures high visibility and traffic. This high-traffic area benefits from proximity to established businesses such as Costco, Taco Bell, Tim Hortons, and a top-performing Jimmy John's, guaranteeing significant foot and vehicle traffic. Approved drive-thru access further enhances the property's operational flexibility. This is a rare opportunity to acquire a versatile and strategically located industrial space in a thriving Ann Arbor market. The property is available for sale. Contact for pricing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.