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Property profile & analytics
OFF-MARKET
Office Units

334 Ashley St Ann Arbor, MI 48104

1,400 SF 0.25 ac lot Built 1901
Property ID
US43-1181838
Property summary
AI-generated overview

This exceptional 1,400 square foot commercial property, located at 334 S Ashley St in Ann Arbor, Michigan, presents a unique leasing opportunity. Situated in the heart of downtown, this single-tenant space boasts high visibility and convenient access, directly across from a public parking lot and within walking distance of numerous popular restaurants and businesses. The building, constructed in 1901 and featuring three stories, offers a blend of historic charm and modern upgrades. Recent renovations (2021-2022) include recessed lighting, new wiring, and foamed insulation joists, ensuring an energy-efficient and contemporary environment. The property sits on a 0.25-acre lot and includes two parking spaces. Zoned CM R-5, this versatile space is suitable for various uses, including traditional office, executive office, coworking, medical office, or creative office. The property is not historically designated, allowing for flexible interior modifications. This is an exceptional opportunity to establish a business in a thriving downtown Ann Arbor location, adjacent to an active cannabis provision center. The property's size is 1,400 square feet.

Property profile
Verified
Property type Office Units
Year built 1901
Total area 1,400 SF
Lot 0.25 ac (10,890 SF)
UPID US43-1181838
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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