Specialty Real Estate
603 East William Street Ann Arbor, MI 48104
Details & Description
Price: $1,250,000
    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
    603 East William Street Ann Arbor, MI 48104 | for Sale | Photo 1
    Building Size: 1,725 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $724.64
    Land $/SF:
    Price
    $1,250,000
    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:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for 603 East William Street in Ann Arbor?
    The asking price for 603 East William Street is $1,250,000
    What is the building size of this Specialty property in Ann Arbor, MI?
    The size of the building/unit at 603 East William Street in Ann Arbor is 1,725 square feet
    What kind of Specialty is the propery at 603 East William Street?
    The property at 603 East William Street Ann Arbor, MI 48104 is listed as a Other Specialty Specialty property
    What is the population within 1 mile of 603 East William Street in Ann Arbor?
    The population within 1 mile of 603 East William Street Ann Arbor, MI 48104 is 36,118 people.
    Who do I contact for questions about 603 East William Street?
    You should contact the listing agent, Corbin Yaldoo, for any details regarding this commercial listing.

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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