111 S Main St., Ann Arbor

PROPERTY TYPE: Retail/Office
Sale or lease: SALE
Square footage: 13,750 SF
Price: $8,100,000

Prime 13,750 SF 4-story investment in downtown Ann Arbor, high cash flow. Cannabis anchor tenant Misty Mountain Cannabis 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 a 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.