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Property profile & analytics

111 Main St Ann Arbor, MI 48104

  • Commercial real estate
  • 0.08 lot acres
For Lease
Last Sale
Oct 18, 2021
$855,625
Value Estimations
$855,000
Cap Rate Potential
Location Intelligence
Property ID
US43-1097050
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Liberty Title Insurance and Real Estate Closing Services - Ann Arbor Michigan - Main Street / Title Company / Escrow Service
  • Zing Title / Consultant
  • Misty Mountain Cannabis / (Bike/Boat/Book/etc) Store
  • Oslo Movement / Gym & Fitness Center
  • Stay Well Sports / Physician

Property Details for 111 Main St

Year built
1960
Lot size
0.08 lot acres
Zone code
D1
Property type
Commercial real estate
APN
09-09-29-141-003
APU
90929141003

Description

This two-story, 4,666 square foot office building, built in 1960, is available for lease in Ann Arbor's vibrant downtown core. Located on N Main Street, just north of E Huron Street, this single-tenant property boasts a highly desirable location near numerous businesses, retail shops, and residential areas. The building offers convenient access to ample public parking, Kerrytown, the University of Michigan, and M-14. The main floor features a reception area, private offices, conference rooms, restrooms, and a spacious open workspace. The second floor, bathed in natural light, provides a downtown view, a second reception area, additional private offices, restrooms, a conference room, and a large kitchen/break area. A significant benefit is the approximately 2,333 square feet of basement storage space available for lease at an additional $10 per square foot gross. Six rear parking spaces are available, allowing for up to twelve vehicles. The property is zoned Downtown Core District; however, a Grant of Easement protects against vertical redevelopment, ensuring continued light, air, and wind access. This unique opportunity offers a blend of classic charm and modern functionality in a highly sought-after location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $835,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Ann Arbor
County
Washtenaw
State
Michigan
Longitude
-83.7489
Latitude
42.2819
CBSA code
11460
CBSA name
ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,539
$0.00
$0.00
$660,300
-
$0.00
$0.00
$1,320,600
More about this property
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