338 Ashley StAnn Arbor, MI 48104
- Commercial real estate
- 1,008 SF
Property Details for 338 Ashley St
- Year built
- 1901
- Lot size
- 0.06 AC
- Property size (Sq ft)
- 1,008 SF
- Zone code
- D2
- Property type
- Commercial real estate
- APN
- 09-09-29-409-012
- APU
- 90929409012
Description
A fully-equipped, 1,044 sq ft retail space in downtown Ann Arbor, Michigan, is available for lease. Located at 338 S Ashley St, this Class A property boasts a prime location near popular restaurants and attractions. Built in 1901 and extensively renovated in 2022, the two-story building features modern amenities including a new AC unit, updated wiring, and a secure design with multiple security features. The space is zoned R-5 and includes a 0.246-acre lot. High visibility and easy access make this an exceptional opportunity for a variety of businesses. The property is currently furnished for a cannabis provisioning center, offering a turnkey solution for immediate occupancy. Features include a 2018 roof, security cameras, reinforced storage, and beautiful hickory wood floors. This single-tenant space offers a unique blend of historical charm and modern functionality. The adjacent city-approved consumption lounge is also available for lease.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $197,512
- Hospitality
- $180,920
- Educational
- $150,523
- Medical
- $155,700
- Retail
- $234,147
Location Insight
- City
- Ann Arbor
- County
- Washtenaw
- State
- Michigan
- Latitude
- 42.2784
- Longitude
- -83.7502
- CBSA code
- 11460
- CBSA name
- ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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