High Cash Flow Investment Property Listing Details & Market Data

111 S Main St, Ann Arbor, MI 48104

  • For Sale $8,100,000
  • Property Type Other
  • Year Built 1901
  • Year Renovated 2018
  • Date Updated Apr 6, 2024

Prime 13,750 SF 4-story investment in downtown Ann Arbor, high cash flow. Cannabis anchor tenant Misty PC II LLC on South Main Street. Elevator access, modern amenities, 3 additional tenants, spacious layouts, exposed beams, hardwood floors, brick walls, natural light. Street-level and lower level leased to Misty PC II LLC, 2nd floor to Stay Well Sports, 3rd floor to Workantile, and the 4th floor to a private office with rooftop deck. D-1 Zoning allows vertical growth of up to 20 stories. Positioned on Main Street, no historic district restrictions. Near major thoroughfares, public parking, University of Michigan, Kerrytown. Additional details upon confidentiality agreement.

First Merchants Bank will finance the property.

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Attachments

Contacts

broker

Jim Chaconas

Location

Getting Around

  • Walk Score ®

    Walker's Paradise (100)
  • Transit Score ®

    Excellent Transit (73)
  • Bike Score ®

    Biker's Paradise (94)
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  • City Ann Arbor, MI
  • Neighborhood Downtown Ann Arbor
  • Zip Code 48104
  • Market Detroit

Points of Interest

  • Ann Arbor

    0.55 miles

  • BP

    0.18 miles

  • Mobil

    0.22 miles

  • Clark

    0.49 miles

  • Speedway

    1.47 miles

  • Marathon

    1.62 miles

  • Shell

    1.66 miles

  • Circle K

    1.69 miles

  • Sunoco

    1.71 miles

  • Shell

    1.79 miles

  • BP

    1.87 miles

  • Fourth & Washington parking structure

    0.05 miles

  • First & Huron parking lot

    0.10 miles

  • Ann & Ashley parking structure

    0.13 miles

  • South Ashley parking lot

    0.17 miles

  • Post Office Parking

    0.17 miles

  • Fourth & William parking structure

    0.18 miles

  • North 4th and Catherine Lot

    0.19 miles

  • South Fifth Ave parking lot

    0.23 miles

  • Liberty Square

    0.30 miles

  • U-M Lot W-11

    0.35 miles

  • Vinology

    0.02 miles

  • First Bite

    0.02 miles

  • bd's Mongolian Grill

    0.04 miles

  • Cafe Felix

    0.05 miles

  • The Ravens Club

    0.05 miles

  • Amadeus

    0.06 miles

  • Frita Batidos

    0.06 miles

  • The Earle

    0.06 miles

  • Grizzly Peak Brewing Company

    0.07 miles

  • Sottini's Sub Shop

    0.08 miles

  • Community High School

    0.28 miles

  • Bach Elementary School

    0.46 miles

  • Saint Thomas School

    0.50 miles

  • Slauson Middle School

    0.67 miles

  • Mack School

    0.72 miles

  • Ross School of Business

    0.83 miles

  • Eberwhite Elementary School

    1.05 miles

  • Angell School

    1.14 miles

  • Burns Park Elementary School

    1.40 miles

  • Ann Arbor STEAM

    1.46 miles

  • Green Apple Garden Upper Playschool

    0.33 miles

  • Gretchen's House

    0.87 miles

  • Towsley Chidren House

    0.92 miles

  • Gretchen's House

    1.52 miles

  • The Discovery Center

    1.69 miles

  • Gretchen's House

    2.55 miles

  • Stony Creek Preschool

    2.65 miles

  • Little Lamb Nursery & Kindergarten

    3.23 miles

  • Annie's Children's Center

    3.46 miles

  • Little Folk's Corner

    4.16 miles

Contact Listing Broker

broker

Jim Chaconas