Explore this investment property featuring a Little Caesars franchise and a boxing gym, offered at $650,000. The 3,348 sq. ft. building generates a net income of approximately $42,000 annually, with the pizzeria contributing $3,300 in monthly rent. The Little Caesars is secured with a five-year lease and options to renew for up to 15 years, with annual rent increases. The boxing gym operates on a month-to-month lease, providing flexibility and potential for increased rental income. All operating expenses are covered by the tenants. This property represents a solid investment opportunity with growth potential.
Discover a rare investment opportunity in downtown Ann Arbor with this versatile property located on Main Street. Situated just minutes away from the hospital and the University of Michigan Central Campus, this location offers unparalleled visibility and accessibility. Whether you're looking to revitalize the existing business or embark on a new development project in one of Michigan's most sought-after locations, this Main Street property presents a compelling opportunity. Don't miss out on the chance to shape the future of downtown Ann Arbor's commercial landscape. Contact us today to learn more about this unique offering. �Location: Prime spot on Main Street, ensuring high visibility and foot traffic in the heart of downtown Ann Arbor. Easy access to major highways US-23 and M-14. �Proximity: Close proximity to the University of Michigan Hospital and Central Campus, providing a steady flow of potential customers and convenience for patrons. �Zoning Flexibility: Zoning allows for a variety of uses, making it an ideal candidate for redevelopment into retail, office space, or restaurant. �Business Opportunity: Established liquor store with a solid customer base and significant growth potential. With some renovations and strategic marketing, this business can capitalize on its prime location. Both Business and Real Estate are for sale (including Liquor License) �Real Estate Potential: Includes the commercial property, offering a canvas for visionary developers or investors looking to capitalize on Ann Arbor's vibrant downtown market.
Turnkey Adult-Use Provisioning Center available for sale -Real Estate not included. Offering an Adult-Use Retail License and Leasehold Rights, with the potential ability to add a Social Consumption Lounge. The lease is priced at $10,284 per month gross, plus utilities.� Situated in the heart of downtown Ann Arbor in a walkable neighborhood near the Diag and Michigan Stadium offering maximum exposure. Located in a walkable neighborhood near local and national retailers that are staples in the community, and has ample public parking options, plus seven (7) on site parking spaces.
Grocery Store & Meat Market on busy Packard Rd in the heart of Ann Arbor for sale! Well established business, walk-in cooler, 7 door cooler & glass deli display included, front & back parking lots, all equipment and inventory included with sale, owner is retiring, nice curb appeal, great business opportunity, all data apx.
Fantastic opportunity to own a well-established restaurant serving Korean cuisine in a prime Ann Arbor location. Nicely decorated interior dining area and plenty of parking. Turn-key operation with a good profit margin.
Ann Arbor is located in Michigan. Ann Arbor, Michigan has a population of 119,303. Ann Arbor is less family-centric than the surrounding county with 32.39% of the households containing married families with children. The county average for households married with children is 33.1%.
The median household income in Ann Arbor, Michigan is $61,247. The median household income for the surrounding county is $65,618 compared to the national median of $57,652. The median age of people living in Ann Arbor is 27.5 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 17.1 degrees. The average rainfall is approximately 34.4 inches per year, with 57.3 inches of snow per year.