For Sale
$6,500,000

327-331 Main St Ann Arbor, MI 48104

Prime Ann Arbor location, development opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 13,481 square foot development opportunity is situated on a 0.185-acre lot at 327-331 S Main Street in the heart of Ann Arbor, Michigan, zip code 48104. The property boasts a D1 (Downtown Core) zoning designation, allowing for a variety of uses. The asking price is $6,500,000, translating to $475.11 per square foot. This prime location within Ann Arbor's vibrant downtown core offers unparalleled access to a dense population of residents, students, tourists, and University of Michigan affiliates. The area is known for its upscale restaurants, cafes, boutiques, and proximity to Michigan Stadium. The property is ideal for a multi-tenant restaurant development, given its size and zoning. The lease type is NNN (Net, Net, Net), offering a predictable and potentially lucrative investment. This is a rare chance to acquire a significant development site in one of Michigan's most desirable and dynamic urban centers. The property's location on South Main Street ensures high visibility and accessibility, making it an attractive proposition for any discerning investor seeking a high-return opportunity in a thriving market. This is a truly unique opportunity to establish a landmark presence in the heart of Ann Arbor.

Property Details for 327-331 Main St

Property type
Retail properties, Restaurants
Square Feet
13,481 SF
Lot Size (sq. ft)
8,059 SF

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.2787662
Longitude
-83.7482792
327-331 Main St, Ann Arbor, Michigan

FAQs

What type of property is this?
Retail property - Prime Ann Arbor location, development opportunity.
Where is the retail property located?
The property is located at 327-331 Main St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $6,500,000.
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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327-331 Main St
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