709 N University Ave - Fast Food FOR SALE


Ann Arbor, MI 48104- Downtown Ann Arbor
$2,200,000 USD
734-994-3100
709 N University Ave, Ann Arbor, MI for Sale
$2,200,000 USD
Fast Food - FOR SALE
1/3
null | Request Cap Rate

Feb '27


709 N University Ave
Ann Arbor, MI 48104
Downtown Ann Arbor


OVERVIEW

This exceptional 3,380 SF two-story campus property offers a rare opportunity for both investors and owner-users in the heart of Ann Arbor. Currently leased through January 31, 2027, the asset provides stable income with future flexibility. Ideally positioned on N University Avenue near S State Street and just steps from the University of Michigan’s Central Campus, the property benefits from exceptional foot traffic, strong retail synergy, and the convenience of two deeded parking spaces located at the rear of the building. Surrounded by established retailers and adjacent to the future Legends Global Merchandise, the Official Retail Partner for Michigan Athletics, this location is perfectly suited for a café or restaurant operator seeking a premier campus presence or for an investor pursuing a strong NNN opportunity. Offered at $2,200,000, this is a standout acquisition in one of the Midwest’s most dynamic college markets.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$1,446 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,578 SF

ZONING

C2A

APN/PARCEL ID

09-28-322-006

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.