627 E University Ave, Ann Arbor

PROPERTY TYPE: Retail / multifamily
Sale or lease: sale
Available SPACE: 2,730 SF
Price: $2,000,000

Unique Central Campus opportunity featuring two properties on one parcel, including an 874 SF standalone restaurant and adjacent 1,856 SF, five-bedroom rental home. Historically home to Ray’s Red Hots, the restaurant offers an efficient footprint and established campus presence, while the residence provides a traditional student housing alternative. Surrounded by student housing, restaurants, retail and University of Michigan activity, the property offers a distinctive investment opportunity in the heart of Ann Arbor’s campus community.