209 S Main St

209 S Main St , Ann Arbor, Michigan, 48104 | 6,996 sq.f | $ 3,900,000

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About This Restaurant

Investment Highlights

Prime downtown location Turn-key operation Exposed brick walls and original hardwood floors High foot traffic Two levels of dining and a third level for private events Bars and restrooms on each level

Executive Summary

Spectacular turn-key restaurant in downtown Ann Arbor. Perfectly located on Main Street between Liberty Street and Washington Streets, walking distance to the University of Michigan campus and athletics venues.Property highlights:- Exposed brick walls and original hardwood floors- First and second level dining areas with open floor plans and plenty of seating options- Exceptional sunlight, lots of windows, thirteen to twenty-eight foot ceilings, and four restrooms- Each level offers large bars- Mezzanine level has private dining and meeting space- Kitchens are located on the first floor and the basement with a food prep kitchen on the second level- Basement also offers a large dumb waiter lift to the main level, plenty of storage, refrigeration, and a restroomAffluent University of Michigan Main Street has outdoor seating and incredible walking traffic. Local traffic from students, families, and Ann Arbor residents. Other traffic includes business travelers, tourists, hospital visitors, staff, sports enthusiasts, art fair and other festival attendees

Property Details

  • Sale Type    Investment or Owner User
  • Sale Condition    High Vacancy Property
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Restaurant Storefront Retail/Residential
  • Building Size    6,996
  • Building Class    C
  • Year Built/Renovated    1901/2019
  • Price    3,900,000
  • Price Per SF    557
  • Tenancy    Single
  • Building Height    3 Stories
  • Building FAR    2.68
  • Land Acres    0.06 AC

Amenities

  • Bus Line
  • Signage

Nearby Amenities & Transportation

Retail Palio
Retail Starbucks
Retail Old National Bank
Retail Chase Bank
Retail PNC Bank
Retail Ruth?s Chris Steak House
Retail Huntington National Bank
Retail Ymca
Retail Pure Barre
Retail TD Ameritrade

Property Taxes

Parcel Number 09-29-131-017 Improvements Assessment $0
Land Assessment $0 Total Assessment $1,371,500
Date Created: 2024-07-16 04:16:18 Last Updated: 2024-07-16 04:16:18
Address: 209 S Main St , Ann Arbor, Michigan, 48104