1116 University AveAnn Arbor, MI 48104

Property Details for 1116 University Ave

Year built

1930

Lot size

0.04 AC

Zone code

C2A

Property type

Commercial real estate

APN

09-09-28-311-026

APU

90928311026

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $341,335

  Hospitality

  $312,661

  Educational

  $260,130

  Medical

  $269,077

  Retail

  $404,647

Location Insight

City

Ann Arbor

County

Washtenaw

State

Michigan

Latitude

42.2747

Longitude

-83.7352

CBSA code

11460

CBSA name

ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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