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709 N University Ave 3,380 SF Retail Building Ann Arbor, MI 48104 $3,007,510 CAD ($889.80 CAD/SF)



Executive Summary
This exceptional 3,380 SF two-story campus property offers a rare opportunity for both investors and owner-users in the heart of Ann Arbor. Currently leased through January 31, 2027, the asset provides stable income with future flexibility. Ideally positioned on N University Avenue near S State Street and just steps from the University of Michigan’s Central Campus, the property benefits from exceptional foot traffic, strong retail synergy, and the convenience of two deeded parking spaces located at the rear of the building. Surrounded by established retailers and adjacent to the future Legends Global Merchandise, the Official Retail Partner for Michigan Athletics, this location is perfectly suited for a café or restaurant operator seeking a premier campus presence or for an investor pursuing a strong NNN opportunity. Offered at $2,200,000, this is a standout acquisition in one of the Midwest’s most dynamic college markets.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,380 SF
Building Class
C
Year Built
1930
Price
$3,007,510 CAD
Price Per SF
$889.80 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.08 AC
Zoning
C2A - D-1
Frontage
24’ on N University Ave
Amenities
- Bus Line
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (79)
Bike Score®
Very Bikeable (83)
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-28-322-006 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $862,975 CAD |
Property Taxes
Parcel Number
09-28-322-006
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$862,975 CAD
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709 N University Ave
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