116 4Th AveAnn Arbor, MI 48104

  • Commercial real estate
  • 0.05 AC

Property Details for 116 4Th Ave

Year built
1925
Lot size
0.05 AC
Zone code
D1
Property type
Commercial real estate
APN
09-09-29-126-004
APU
90929126004

Description

This exceptional Ann Arbor commercial property, located at 116 N 4th Ave, offers multiple executive office suites for lease. The building totals 2,967 square feet, currently entirely vacant and ready for immediate occupancy. The flexible layout allows for various configurations, with spaces ranging from a minimum of 1,366 square feet to a maximum contiguous space of 1,601 square feet. Ideal for businesses seeking a prestigious address in a vibrant downtown location, this property is perfectly suited for a variety of professional uses. Situated in Washtenaw County, Michigan, with a 48104 zip code, this location provides easy access to major transportation routes and a wealth of amenities. The property is classified as both retail and office space, offering a versatile environment for businesses seeking a blend of functionality and style. The entire building is available for lease, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to occupy individual suites. This is a rare opportunity to secure prime commercial real estate in the heart of Ann Arbor. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $435,388
    Hospitality
    $398,813
    Educational
    $331,808
    Medical
    $343,219
    Retail
    $516,146

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.282
Longitude
-83.7469
CBSA code
11460
CBSA name
ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$43,605
-
-
$665,000
-
-
-
$1,330,000

FAQs

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