413 Huron St Ann Arbor, MI 48104

Property Details for 413 Huron St

Lot size

0.74 lot acres

Zone code

D1

Property type

Commercial real estate

APN

09-09-29-106-082

APU

90929106082

Description

This exceptional turnkey business opportunity presents a thriving coffee shop located in the heart of Ann Arbor's vibrant downtown at 413 E Huron Street, Suite C, within the Foundry Lofts building. Spanning 2,320 square feet, this established establishment comfortably seats 74 patrons and boasts a welcoming patio area. The menu features a diverse selection of coffee, espresso, tea, baked goods, breakfast sandwiches, and an extensive alcoholic beverage list including draft beers, liquors, and wine. The sale includes a transferable Class C liquor license, permitting outdoor service, Sunday sales, and the sale of spirits and mixed drinks. A significant advantage is the existing 10-year lease with a 5-year renewal option, ensuring long-term stability. The property showcases a meticulously designed interior, a state-of-the-art kitchen, and high-quality beverage equipment. Its prime location in Ann Arbor, consistently ranked among the nation's most desirable places to live, provides unparalleled access to a large and engaged customer base. This presents a unique chance to acquire a well-established, profitable business with significant growth potential in a highly sought-after market. The asking price is $1,299,000.