Mixed-use Investment Property in Kerrytown — Sale in Ann Arbor, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Ann Arbor, MI 48104
  • Size: 5,720 SF

Description

Retail | Building Size: 5,720 SF | Land Area: 0.10 ac

Market Context

This retail in Ann Arbor, MI is listed for sale across 5,720 SF. It has been on the market for 175 days. Compare it against other retail listings for sale in Ann Arbor, MI — view the full market.

As of Q1 2026, the Detroit retail market showed average asking rents near $17.00/SF/yr, rents up 1.3% year over year, and cap rates around 7.7%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Detroit?
About 7.7% as of Q1 2026, per multiple brokerage reports.

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