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120-122 N 4th Ave
Ann Arbor, MI 48104
Retail Property For Sale
Investment Highlights
- 100% Occupancy
- Parking Available for Tenants
- Located in Kerrytown near Downtown Ann Arbor
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,720 SF
Building Class
C
Year Built
1910
Price
$2,400,000
Price Per SF
$419.58
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.31
Lot Size
0.10 AC
Zoning
D1 - Located in the Historic District and zoned D1 – Downtown Core District
Parking
8 Spaces (1.4 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Property Taxes
| Parcel Number | 09-29-126-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $733,400 |
Property Taxes
Parcel Number
09-29-126-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$733,400
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