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709 N University Ave 3,380 SF Retail Building Ann Arbor, MI 48104 $2,200,000 ($650.89/SF)

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Executive Summary

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 University of Michigan’s Central Campus, the property benefits from exceptional foot traffic and strong retail synergy. 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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,380 SF
Building Class
C
Year Built
1930
Price
$2,200,000
Price Per SF
$650.89
Tenancy
Single
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.08 AC
Zoning
C2A - D-1
Frontage
24’ on N University Ave

Amenities

  • Bus Line
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (79)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Buffalo Wild Wings
Noodles & Company
Pure Barre
Starbucks
Huntington National Bank
PNC Bank
SoulCycle
Panchero's
BurgerFi
Palio

Property Taxes

Property Taxes

Parcel Number
09-28-322-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$631,000
  • Listing ID: 39586861

  • Date on Market: 2/26/2026

  • Last Updated:

  • Address: 709 N University Ave, Ann Arbor, MI 48104

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