Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    327-331 Main St Ann Arbor, MI 48104

    • Retail properties
    • 13,481 SF
    • 0.19 lot acres
    For Sale
    View listing
    $6,500,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 327-331 Main St

    Lot size
    0.19 lot acres
    Property size
    13,481 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7483
    Latitude
    42.2788

    Comparable in this City

    • Value Estimation by Request

      207 Ashley St

      Restaurants
      207 Ashley St, Ann Arbor, MI 48104
      View Details
    • Value Estimation by Request
      4,428 SF

      Ann Arbor

      Restaurants • 4,428 SF
      0 Ann Arbor, Ann Arbor, MI 48104
      View Details
    • Value Estimation by Request
      10,481 SF

      327-331 Main St

      Restaurants • 10,481 SF
      327-331 Main St, Ann Arbor, MI 48104
      View Details
    • Value Estimation by Request
      120,565 SF

      3135-3279 Washtenaw Ave

      Retail properties • 120,565 SF
      3135-3279 Washtenaw Ave, Ann Arbor, MI 48104
      View Details
    • Value Estimation by Request
      1,400 SF

      334 Ashley St

      Office space • 1,400 SF
      334 Ashley St, Ann Arbor, MI 48104
      View Details
    • Value Estimation by Request
      23,309 SF

      255 Liberty St

      Retail properties • 23,309 SF
      255 Liberty St, Ann Arbor, MI 48104
      View Details

    Similar Nearby for Sale

    • $6,500,000
      13,481 SF

      Downtown Ann Arbor Restaurant Site

      Prime Ann Arbor location, development opportunity.
      327-331 Main St, Ann Arbor, MI 48104
      View Details
    • Contact for pricing
      7,648 SF

      Ann Arbor Retail Condo Opportunity

      Prime Downtown Location, Multi-Use Potential
      201 Washington St, Ann Arbor, MI 48104
      View Details
    • Contact for pricing
      86 SF

      Arbor Hills Retail Opportunity

      Retail space available in a premier Ann Arbor shopping destination.
      3010 Washtenaw Ave, Ann Arbor, MI 48104
      View Details
    • $1,600,000
      2,170 SF

      Prime Corner Retail Opportunity

      Excellent visibility, high-ceiling interiors, and fully equipped kitchen.
      221 W Liberty St, Ann Arbor, MI 48104
      View Details
    • $1,999,999
      2,140 SF

      Ann Arbor Main Street Gem

      Downtown Ann Arbor redevelopment opportunity
      730 Main St, Ann Arbor, MI 48104
      View Details
    • $649,900
      2,320 SF

      Cocktail and Coffee Lounge Opportunity

      Established cocktail and coffee lounge for sale in Ann Arbor.
      413 E Huron St, Ann Arbor, MI 48104
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr
      12,000 SF

      Downtown Ann Arbor Office Space

      Prime location, flexible suites, 12,000 sq ft.
      217 Washington St, Ann Arbor, MI 48104
      View Details
    • $35 SF/Yr
      235,070 SF

      Ann Arbor Retail Space for Lease

      Prime Downtown Ann Arbor location, 1,585 sq ft.
      1300 University Ave, Ann Arbor, MI 48104
      View Details
    • $25 SF/Yr
      4,782 SF

      Mixed-Use Building Near Downtown

      Retail and office spaces in high-traffic Ann Arbor location.
      615 S Main St, Ann Arbor, MI 48104
      View Details
    • $17 SF/Yr
      51,285 SF

      Arlington Square: Ann Arbor Office Space

      Prime Ann Arbor office & retail, multiple spaces available.
      3250 Washtenaw Ave, Ann Arbor, MI 48104
      View Details
    • $27 SF/Yr
      1,220 SF

      New Construction Retail Space Available

      New construction retail space with drive-thru and ample parking.
      3949-3957 S State St, Ann Arbor, MI 48104
      View Details
    • Contact for pricing
      6,000 SF

      University of Michigan Retail Space

      New construction retail space near the University of Michigan campus.
      405 S Main St, Ann Arbor, MI 48104
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    327-331 Main St
    Ann Arbor, MI 48104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.