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812-814 S State St
Ann Arbor, MI 48104
Retail Property For Sale


EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,000 SF
Building Class
C
Year Built
1940
Price
$1,945,000
Price Per SF
$972.50
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.04 AC
Zoning
C1A
Frontage
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 09-32-100-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $362,000 |
PROPERTY TAXES
Parcel Number
09-32-100-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$362,000
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