338 S Ashley Street
Ann Arbor, MI, 48104 $ 4,500
Baths0.0 Monthly Estimate*
$ 30
Studio
for $4,500. This building was built in 1901 on a lot size of 0.06.
We are excited to present an exceptional leasing opportunity in the heart of downtown Ann Arbor at 338 S Ashley Street, with an active marijuana dispensary license, situated next to a city-approved consumption lounge(also available for rent). Currently furnished for a Dispensary, move in today and have your business running by tomorrow. This prime location offers high visibility and easy access, directly across from the S Ashley Street Lot and within walking distance to popular local destinations such as Fleetwood Diner, Kosmos, Krazy Jim's Blimpy Burger, The Beer Grotto, Bill's Beer Garden, and many more Ann Arbor staples. The property is not historical, allowing you the freedom to make any alterations without restrictions. Featuring a roof from 2018, wiring for video and audio security (8-9 cameras on the main level, 3 in the basement, 6 upstairs), and extensive security features including glass block basement windows, Abus window locks, code doors, fob entrance, Ring camera at the delivery door, reinforced storage area, latching hardware doors, and locking glass display shelves, this space is both modern and secure. Additional features include a newer AC temperature regulator in the basement, new wiring and panel, inventory options, a furnace in the attic, and beautiful 3-inch hickory wood floors. This is a rare opportunity to establish your business in a vibrant and dynamic neighborhood. Interior Photos and Offering memorandum available upon request. Contact us today to schedule a viewing and explore the possibilities this property has to offer.
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Commercial ActiveRetail, Marijuana Approved. Adjacent Property appr
FeaturesGeneralSewer Public Sewer (Sewer-Sanitary)
Possession At Close
current use Retail Marijuana Approved. Adjacent Property approved by the City of Ann Arbor as a Marijuana Consumption Lounge. Agent has detailed information.
Zoning Commercial
Year Built 1901
Property Type Commercial
Subdivision Name ORIGINAL PLAT OF ANN ARBOR
Accessibility Features Accessible Approach with Ramp
Transaction Type Lease
Status Active
Short Sale No
Construction Materials Other
Cumulative Days on Market 13
MLS Area Ann Arbor
Directions I-94 to Ann Arbor-Saline Rd. North. Until it becomes Main Street. Turn West on W. Liberty. Turn South on S. Ashley. House in on the West side of the street.
City Ann Arbor
Terms Offered Triple Net Lease
School District Ann Arbor
Land Contract 0
Ownership Status Private Owned
Street Name ASHLEY
Total Sq Ft 0
DOM 13
Legal Description N 26 FT OF E 100 FT LOT 4 B3S R2E ORIGINAL PLAT OF ANN ARBOR
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ExteriorWaterfront 0
Lot Size Area 0.06
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 26.00 x 100.00
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Internal OnlyOriginating MLS Realcomp II Ltd
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* Excluded FeaturesList By@Properties Christies Intl Re Ann ArborBroker
Affordability Calculator
- Monthly Principal & Interest
- $30
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Ann Arbor, MI
Average List Price $373,334
Percent of Sale Price 8,196%
About Ann Arbor, MI 119,763 Population
5% Since 2002
$ 64,208 Median Income
30.65 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
848330 Elementary School
848975 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/16/2024 | $4,500 | | Listed Price |