300 Detroit St - Restaurant FOR SALE


Ann Arbor, MI 48104- Old Fourth Ward
$2,369,000 USD
517-812-0628
300 Detroit St, Ann Arbor, MI for Sale
$2,369,000 USD
Restaurant - FOR SALE
1/3
null | 6% Cap Rate

300 Detroit St
Ann Arbor, MI 48104
Old Fourth Ward


OVERVIEW

Kerrytown is one of Ann Arbor’s most cherished neighborhoods, characterized by its historic brick streetscape, eclectic mix of independent retailers, specialty food purveyors, and cultural attractions. The district draws a blend of local residents, University of Michigan students and faculty, and regional visitors year-round, creating a resilient and diversified demand base for retail and dining uses. 300 Detroit Street offers investors a unique combination of strong tenant credit supported by an established local brand, attractive walkable location in a high-barrier-to-entry market, and durable long-term cash flow with minimal landlord responsibilities under the NNN lease. This property is ideal for investors seeking exposure to downtown Ann Arbor’s retail dining sector with predictable income and significant value-add through long-term ownership.

FOR SALE DETAILS

PRICE

$2,369,000 USD

PRICE/SF

$633 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

C2B/R

APN/PARCEL ID

09-29-124-004

ASK ABOUT THIS PROPERTY

Eric RudlandWickfield Commercial Real EstateMore Info
517-812-0628

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Eric RudlandWickfield Commercial Real EstateMore Info
517-812-0628

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