Specialty Real Estate - For Sale
603 East William Street Ann Arbor, MI 48104
Details & Description
Price: $1,250,000
  • Property Type Specialty for Sale : Other Specialty
  • Lot Size Acres 0.000
  • Building Sq Ft 1,725
  • Building Price per Sq Ft $724.64
Municipal & State Approved Adult-Use Provisioning Center available for Sale – formerly operating with a turn-key buildout. The sale includes the License and Leasehold Rights. Real estate is not included. This location is turn-key and can operate immediately. All it is missing is your branding and inventory. Located on the 2nd floor of the mixed-use building, the opportunity comes with a large building sign. Prime location abutting the Diag, University of Michigan's central campus, with strong synergy in Ann Arbor’s State Street District. This location is surrounded by retail, restaurants, theaters, and museums - offering plenty of daytime traffic.Current Lease Agreement in place is $6,088 per month NNN, with 7 years remaining with two (2) five year options.
Listing Agents
Corbin Yaldoo

O: 248-220-1110
M: 248-220-1110
corbin@c3cre.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

603 East William Street

Ann Arbor, MI 48104

Former Treehouse Provisioning Center

Listing ID: 300784
$1,250,000
For Sale
  • Property Type Specialty for Sale : Other Specialty
  • Lot Size Acres 0.000
  • Building Sq Ft 1,725
  • Building Price per Sq Ft $724.64
603 East William Street Ann Arbor, MI 48104 | for Sale | Photo 1
Description

Municipal & State Approved Adult-Use Provisioning Center available for Sale – formerly operating with a turn-key buildout. 

The sale includes the License and Leasehold Rights. Real estate is not included. 

This location is turn-key and can operate immediately. All it is missing is your branding and inventory. 

Located on the 2nd floor of the mixed-use building, the opportunity comes with a large building sign. 

Prime location abutting the Diag, University of Michigan's central campus, with strong synergy in Ann Arbor’s State Street District. This location is surrounded by retail, restaurants, theaters, and museums - offering plenty of daytime traffic.

Current Lease Agreement in place is $6,088 per month NNN, with 7 years remaining with two (2) five year options.

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Detroit History of Specialty Real Estate for Sale

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Ann Arbor Area Market Trends

Listing Demographics for 603 East William Street Ann Arbor, MI 48104

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population36,118108,774161,851
Population Median Age273436
Population by Age0-9 Yrs539 (1%)7248 (6%)12846 (7%)
10-19 Yrs8412 (23%)16513 (15%)23027 (14%)
20-29 Yrs20493 (56%)38002 (34%)47430 (29%)
30-39 Yrs2286 (6%)12883 (11%)20568 (12%)
40-49 Yrs904 (2%)8509 (7%)14791 (9%)
50-59 Yrs1325 (3%)8383 (7%)14591 (9%)
60-69 Yrs1091 (3%)8510 (7%)14996 (9%)
70+ Yrs1067 (2%)8726 (8%)13601 (8%)
Median HH Income$39,821$73,368$74,280
Total Household Income< 24K4185 (36%)9237 (21%)12828 (19%)
25-49K2539 (22%)6394 (15%)10523 (16%)
50-74K1403 (12%)6056 (14%)9591 (14%)
75-99K893 (7%)4898 (11%)7427 (11%)
100-199K1729 (15%)10398 (24%)15984 (24%)
200K+740 (6%)5627 (13%)9025 (13%)
Highest Education LevelNo Diploma34612372499
Diploma or GED67136127331
Some College97352009956
Assoc. Degree26020164196
Bachelors Degree35441782127575
Higher Degree46562882743271
Total Housing Units12,69245,22669,333
--Owner-Occupied2,22119,41631,731
--Renter-Occupied9,26823,19433,647
Owner-Occupied Values< 100K483331246
100-199K9118353591
200-299K29141536994
300-399K45648527186
400-499K40036095417
500K+93546367297
Total Working Age Population35,33397,535141,190
In Work Force18,06858,73488,441
Not In Work Force17,26638,80152,749
Workforce Employed17,05156,65585,098
Workforce Unemployed1,0172,0513,303
Civlian Workforce18,06858,70788,401
Military Workforce02840
Total Households11,48942,61065,378
Family Households2,35918,16231,402
Non-Family Households9,12924,44933,976
Married Couple1,86615,23025,879
Other Family4932,9315,523
Married w/Child5165,52210,118
Single Male w/Child24357645
Single Female w/Child641,0141,895

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Michigan9,938,444-19,883,640+110,023,423+410,424,510
Washtenaw County322,895+7344,791+9376,857+12422,684

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Detroit Metropolitan Wayne County Airport (DTW) 20
Toledo Express Airport (TOL) 48
MBS International Airport (MBS) 88