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Unit Size: 2,900 SF
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Condo Use: Retail
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Price: $425,000 USD
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Sale Type: Investment
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Price/SF: $146.55 USD
Description
Located in the heart of downtown Ann Arbor, this lively, modern,
light-filled taproom is one block off of Main Street and two
blocks from Kerrytown. The 2,900sf space with separate shared
bathrooms is thoughtfully designed with areas for both taproom
and production, and flexible options for events and expanded
production operations. A glass roll-up door within the seating
area allows for private events or community events, even during
public hours. The seating area is equipped with modern birch
booths, custom cherry tables, and modern finishings. Perfectly
located to capture downtown foot traffic from game days,
farmers markets, Midnight Madness, Summer Fest, Art Fair, and
general downtown townies and tourists alike, especially as part
of the Main Street Social District.
Sale Notes
OFFERING SUMMARY
Sale Price: $425,000
Value of Included Equipment/Buildout
FF&E Cost: $270,000
Buildout Cost: $430,000
A comparable establishment of this functionality would take an
estimated 18+ months to create.
Located in the heart of downtown Ann Arbor, this lively, modern,
light-filled taproom is one block off of Main Street and two
blocks from Kerrytown. The 2,900sf space with separate shared
bathrooms is thoughtfully designed with areas for both taproom
and production, and flexible options for events and expanded
production operations. A glass roll-up door within the seating
area allows for private events or community events, even during
public hours. The seating area is equipped with modern birch
booths, custom cherry tables, and modern finishings. Perfectly
located to capture downtown foot traffic from game days,
farmers markets, Midnight Madness, Summer Fest, Art Fair, and
general downtown townies and tourists alike, especially as part
of the Main Street Social District.
With weekly events such as board game night, trivia, yoga, and
comedy, the taproom is known for its bright, stylish, and
welcoming environment. With all recipes and equipment
available to continue as Ann Arbor’s only operating cidery
(serving beer, wine, and mead, as well), the space would also
lend itself efficiently to future brewery or restaurant
integrations.
Patio: Front of the taproom is equipped with a glass roll-up
door, facilitating daytime deliveries and offering an inviting
storefront for foot traffic and access to sidewalk patio seating.
Brewing: Five 15BBL jacketed customized bright beer tanks for
fermentation and conditioning, a large walk-in cooler with direct
taps, five 7BBL single wall serving tanks, a Wild Goose WG1
canning line, keg washer, glycol chiller, and many other pieces of
equipment and accessories.
Licenses: All licenses are current, including a small winemakers
license, brewery license, sidewalk patio permits, music and
movie licensing, health department, Main Street social district
licensing, and membership to multiple downtown business associations.