For Sale
$5,000,000

202 Miller Ave Ann Arbor, MI 48103

Downtown Ann Arbor, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional Class A retail property, a fully operational and approved cannabis provisioning center, is offered for sale at $5,000,000. Located in the heart of downtown Ann Arbor at 202 Miller Ave, this 1,172 square foot space boasts a prime location just one block from Main Street, at the corner of Miller Avenue and North Ashley Street. The building, situated on a 0.67-acre lot (APN 09-29-150-005), underwent a complete renovation in 2020, featuring modern amenities and a sophisticated design by Damian Farrell Design Group PLLC. Custom cabinetry and fittings by Object Space Studio enhance both aesthetics and functionality. The spacious layout ensures a comfortable customer experience. This thriving business benefits from a strong, steady clientele and a desirable location with high visibility. Ample parking is available on-site, supplemented by street parking and a municipal parking structure across the street. Its convenient location near major highways (US-14, US-23, and I-94) ensures easy access for a wide customer base. The property is zoned C2B and includes a single building with one story. A lease-back option for the building is available. This presents a unique opportunity to acquire a well-established, high-performing business in a vibrant and growing market. The property's proximity to Ann Arbor City Hall, police and fire departments, and city and county courthouses guarantees consistent foot traffic.

Highlights

  • Established cannabis provisioning center with approved license.
  • Leaseback option available for building owner.
  • Strong, steady clientele and market presence.
  • High-visibility corner location at Miller Ave & N. Ashley St, one block from Main St.
  • Desirable downtown location with ample parking (on-site & street, plus municipal structure nearby).
  • Fully renovated in 2020.

Property Details for 202 Miller Ave

Property type
Retail properties, Retail space
Square Feet
1,172 SF
Class
A
Year Renovated
2020
Buildings
1
Stories
1
Lot Size (sq. ft)
29,185 SF
Units
1

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.2834877
Longitude
-83.7498497

FAQs

What type of property is this?
Retail property - Downtown Ann Arbor, High-Traffic Location
Where is the retail property located?
The property is located at 202 Miller Ave Ann Arbor, MI.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Established cannabis provisioning center with approved license.; Leaseback option available for building owner.; Strong, steady clientele and market presence.
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.
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202 Miller Ave
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