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202 Miller Avenue
Ann Arbor, MI 48104
Asking Price
$995K
Asset Type
Bank Retail
Class
Class B
What's Special
Free Standing Downtown Ann Arbor Commercial Building for Sale <ul><li>Freestanding building in downtown Ann Arbor</li><li>Corner location at Miller Ave & N Ashley St</li><li>One block from Main Street</li><li>High visibility with strong foot traffic</li><li>Fully renovated in 2020</li><li>Interior design by Damian Farrell Design Group</li><li>Zoning allows for cannabis provisioning</li><li>On-site and street parking available</li><li>Municipal parking structure directly across the street</li><li>Easy access to US-23, M-14, and I-94</li></ul>
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NOI
$80,000
Cap Rate
8.04%
DSCR
1.35
Strong
Cash-on-Cash
7.01%
Monthly Payment
$4,922.717
Annual Cash Flow
$20,927.395
