255 East Liberty Street

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255 East Liberty Street

ann-arbor, MI 48104
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

255 East Liberty Street is situated in the central business district of Ann Arbor, Michigan. The property is located within a high-traffic pedestrian corridor characterized by a mix of historic architecture and modern commercial storefronts. Nearby amenities include the University of Michigan campus, the Michigan Theater, and a variety of established local dining and hospitality venues. The site is accessible via multiple public transit lines and is positioned near several municipal parking structures, facilitating ease of access for local residents and regional visitors. This retail asset is suited for high-street boutique shops, specialized showrooms, or service-oriented businesses seeking visibility in a dense urban environment. The location typically attracts national retailers and independent entrepreneurs looking to leverage the area's consistent foot traffic and collegiate demographics. Ideal tenants include apparel decorators, fitness studios, or urban convenience concepts that benefit from the neighborhood's active daytime population and evening entertainment draw.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times