For Lease
$60/SF/YR

1116 University Ave Ann Arbor, MI 48104

Prime Ann Arbor location, 2,033 sq ft

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 2,033 square foot retail space is situated within Vic Village South, a brand-new, thirteen-story mixed-use development in the heart of the University of Michigan's central campus. The building, designed by Hobbs + Black Architects, boasts 127 units and 210 beds, ensuring a high volume of potential customers. This vibrant location at the intersection of East and South University Avenues offers unparalleled foot traffic, benefiting from its proximity to the Diag, a central green space on campus. The space features a stunning corner patio and retail entrance inspired by the Diag's arched walkways. The area is densely populated with student housing, including Vic Village South and other apartment complexes, along with established businesses such as Joe's Pizza, SoulCycle, Pizza House, No Thai!, and Beyond Juicery + Eatery. Convenient public street and garage parking are available nearby on Forest Avenue and Church Street. The property's central location provides easy access to South State Street, downtown Ann Arbor, Michigan Medical, Washtenaw Avenue, Washtenaw Community College, and Eastern Michigan University. The space is part of a larger 23,862 square foot building constructed in 2024 and is zoned for Downtown Core District use. Please note that restaurant restrictions apply. This is a unique opportunity to establish a thriving business in a high-demand area. The property's APN is 09-09-28-311-026.

Highlights

  • 2,033 SF of brand-new retail space available in a vibrant Ann Arbor location.
  • Located within Vic Village South, a 13-story, 127-unit student apartment high-rise.
  • Situated at the corner of E University Ave and S University Ave, offering high foot traffic and visibility.
  • Part of a mixed-use development with nearby established retail, student housing, and residential areas.
  • Zoned for Downtown Core District use; restaurant restrictions apply.

Property Details for 1116 University Ave

Property type
Retail properties
RSF (Rentable sq. ft)
23,862 SF
Year Built
2024
Buildings
1
Stories
13

Unit(s) available at that property

Space
Suite A
Size
2,033 SF
Rate per SF
$60

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.27500986188
Longitude
-83.734994040602

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FAQs

What type of property is this?
Retail property - Prime Ann Arbor location, 2,033 sq ft
Where is the retail property located?
The property is located at 1116 University Ave Ann Arbor, MI.
What is the lease rate?
The lease rate is $60/SF/YR.
What are key features of this property?
This property features: 2,033 SF of brand-new retail space available in a vibrant Ann Arbor location.; Located within Vic Village South, a 13-story, 127-unit student apartment high-rise.; Situated at the corner of E University Ave and S University Ave, offering high foot traffic and visibility.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
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Contacts

Jim Chaconas
Jim Chaconas
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University Ave
Ann Arbor, MI 48104

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University Ave
Ann Arbor, MI 48104

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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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1116 University Ave
  • Jim Chaconas
    Jim Chaconas
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