High Cash Flow Investment Property

For Sale

111 S Main St, Ann Arbor, MI 48104

This Ann Arbor property for sale is located at 111 S Main St. The current listed sale price for High Cash Flow Investment Property is $8,100,000.

Contacts

broker

Jim Chaconas

Property Details

  • Property Type Other
  • Year Built 1901
  • Year Renovated 2018
  • Date Updated May 11, 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

Getting around

  • 100/100

    Walk Score ®

  • 73/100

    Transit Score ®

  • 94/100

    Bike Score ®

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Location

  • 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

  • Residence Inn Ann Arbor Downtown

    0.08 miles

  • Burnt Toast Inn

    0.32 miles

  • Graduate Ann Arbor

    0.35 miles

  • Bell Tower Hotel

    0.44 miles

  • Ann Arbor Bed and Breakfast

    0.56 miles

  • Cadgwith Too

    0.65 miles

  • Library Bed and Breakfast

    0.74 miles

  • Stone Chalet Bed and Breakfast Inn

    1.59 miles

  • Wyndham Garden Ann Arbor

    2.06 miles

  • Hampton Inn & Suites

    2.12 miles

  • People's Food Co-op

    0.16 miles

  • Kerrytown Market

    0.26 miles

  • Target

    0.41 miles

  • Gordon Food Service

    1.46 miles

  • Arbor Farms Market

    1.56 miles

  • ALDI

    1.59 miles

  • By The Pound

    1.64 miles

  • Plum Market

    1.72 miles

  • Kroger

    1.74 miles

  • TJ Maxx

    1.74 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jim Chaconas