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333 Maynard Street
Ann Arbor, MI 48104
Asking Price
$9.70M
Asset Type
Retail
Class
Class B
What's Special
96.6% Occupied - Downtown Ann Arbor Investment <p>The Collegian Building offers 28,233 SF across five stories in a mixed‑use setting in downtown Ann Arbor. The property includes seven tenant spaces, a secure street entrance, a formal lobby, and an elevator, and is currently 96.6% occupied with six long‑standing tenants. It is locally owned, well maintained, and positioned within the Downtown Core District (D1). Its location is adjacent to the University of Michigan’s Main Campus, close to downtown amenities, and near the Maynard Parking Stru
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NOI
$80,000
Cap Rate
0.82%
DSCR
0.14
Underwater
Cash-on-Cash
-17.04%
Monthly Payment
$47,990.307
Annual Cash Flow
$-495,883.69
