812-814 S State St - Storefront Retail/Residential FOR SALE


Ann Arbor, MI 48104- Central Ann Arbor
$1,945,000 USD
734-994-3100
812-814 S State St, Ann Arbor, MI for Sale
$1,945,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

812-814 S State St
Ann Arbor, MI 48104
Central Ann Arbor


OVERVIEW

This fully occupied ±2,545 SF mixed-use property offers a strong blend of retail, restaurant, and residential tenancy in one of Ann Arbor’s most sought-after campus-area locations. The building features a 595 SF retail suite, an 825 SF space slated for a forthcoming restaurant, and a 1,125 SF student apartment—providing immediate income stability and diversified revenue streams. Situated just minutes from the University of Michigan’s Central Campus, The Big House, and surrounded by extensive student housing and multi-family developments, the property benefits from constant foot traffic and a built-in customer base. Zoned C1A—Campus Business District—the site supports a range of neighborhood commercial uses and allows for residential development. Additional information is available upon execution of a Confidentiality Agreement.

FOR SALE DETAILS

PRICE

$1,945,000 USD

PRICE/SF

$973 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

C1A

APN/PARCEL ID

09-32-100-002

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.