327-331 Main St Ann Arbor, MI 48104
- Retail properties
- 10,481 SF
Current Use by Public Records
- Retail properties
Property Details for 327-331 Main St
- Property size
- 10,481 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional retail opportunity presents a newly proposed development at 327-331 S Main Street in the vibrant heart of Downtown Ann Arbor, Michigan. The property boasts a total of 10,481 square feet, currently entirely vacant and available for lease. Multiple tenancy options exist, with spaces ranging from a minimum of 2,650 square feet to a maximum contiguous space of 8,027 square feet. The 0.185-acre lot is zoned D1 (Downtown Core), reflecting its prime location within Ann Arbor's bustling commercial district. This area is renowned for its upscale restaurants, unique cafes, and thriving marketplace, attracting a diverse clientele. The property's strategic location benefits from the proximity to the University of Michigan, with its substantial student population exceeding 49,000 undergraduates and graduate students. Furthermore, its less than one-mile distance from Michigan Stadium, the largest stadium in the United States, ensures high foot traffic and visibility, particularly during major events. This presents a unique chance to establish a thriving business within a dynamic and high-demand location, capitalizing on the significant student and tourist traffic. The property's size and flexible lease options cater to a variety of restaurant concepts and business needs. This is an unparalleled opportunity to secure a prominent presence in one of Michigan's most desirable commercial areas. The 48104 zip code further underscores the desirability and high-value nature of this location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ann Arbor
- County
- Washtenaw
- State
- Michigan
- Longitude
- -83.7483
- Latitude
- 42.2788
