120-122 N 4th Ave - Storefront Retail/Office FOR SALE


Ann Arbor, MI 48104- Downtown Ann Arbor
$2,400,000 USD
734-994-3100
120-122 N 4th Ave, Ann Arbor, MI for Sale
$2,400,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | Request Cap Rate

120-122 N 4th Ave
Ann Arbor, MI 48104
Downtown Ann Arbor


HIGHLIGHTS

  • 100% Occupancy
  • Located in Kerrytown near Downtown Ann Arbor
  • Parking Available for Tenants

OVERVIEW

This ±5,720 SF commercial property offers a fully 100% occupied investment opportunity with three units, including two on the main level and one on the upper level. All tenants are separately metered. A rear parking lot provides added convenience for tenant use. Positioned on the high visibility corner of E Ann St. and N 4th Ave within the thriving Kerrytown Market & Shops district, the property is surrounded by established retail and business destinations. Located in the Historic District and zoned D1 – Downtown Core District, it benefits from an environment that supports vibrant mixed use development. Additional information is available upon execution of a confidentiality agreement.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$420 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

D1

APN/PARCEL ID

09-29-126-001

ASK ABOUT THIS PROPERTY

Jim ChaconasColliers InternationalMore Info
734-994-3100

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Jim ChaconasColliers InternationalMore Info
734-994-3100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.