202 Miller Ave Ann Arbor, MI 48103
- Commercial real estate
- 0.07 lot acres
Current Use by Public Records
- Information Entropy Dispensary - Downtown / Cannabis Store / Alternative Medicine Practitioner
- Information Entropy Downtown / Cannabis Store
Property Details for 202 Miller Ave
- Year built
- 1925
- Lot size
- 0.07 lot acres
- Zone code
- D2
- Property type
- Commercial real estate
- APN
- 09-09-29-150-005
- APU
- 90929150005
Description
This exceptional Class A retail property, a fully operational and approved cannabis provisioning center, is offered for sale at $5,000,000. Located in the heart of downtown Ann Arbor at 202 Miller Ave, this 1,172 square foot space boasts a prime location just one block from Main Street, at the corner of Miller Avenue and North Ashley Street. The building, situated on a 0.67-acre lot (APN 09-29-150-005), underwent a complete renovation in 2020, featuring modern amenities and a sophisticated design by Damian Farrell Design Group PLLC. Custom cabinetry and fittings by Object Space Studio enhance both aesthetics and functionality. The spacious layout ensures a comfortable customer experience. This thriving business benefits from a strong, steady clientele and a desirable location with high visibility. Ample parking is available on-site, supplemented by street parking and a municipal parking structure across the street. Its convenient location near major highways (US-14, US-23, and I-94) ensures easy access for a wide customer base. The property is zoned C2B and includes a single building with one story. A lease-back option for the building is available. This presents a unique opportunity to acquire a well-established, high-performing business in a vibrant and growing market. The property's proximity to Ann Arbor City Hall, police and fire departments, and city and county courthouses guarantees consistent foot traffic.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ann Arbor
- County
- Washtenaw
- State
- Michigan
- Longitude
- -83.7498
- Latitude
- 42.2835
- CBSA code
- 11460
- CBSA name
- ANN ARBOR, MI METROPOLITAN STATISTICAL AREA