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123 N Ashley St
Ann Arbor, MI 48104
1.00 Acre High-Rise Development Opportunity · Land For Sale · 1.00 AC

Investment Highlights

  • Grand Ledge School District.
  • 5-Minute drive to two major malls (The Marketplace at Delta Twp and the Lansing Mall).
  • 12-Minute drive to downtown Lansing.
  • 4-Minute drive to Kroger, Walmart, Lowe’s, Meijer, Starbuck’s, etc.
  • 8-Minute drive to downtown Grand Ledge.
  • 13-Minute drive to Capital Region International Airport.

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Multifamily
  • Hotel
Total Lot Size 1.00 AC
Zoning D1 - D1 (Downtown Core) Ann Arbor

Description

Site consists of 3 parcels, totaling 1.00 Acres Located in the D1 (Downtown Core) zoning district Planning commission recently voted unanimously to change D1 zoning to no FAR limit and 180’ height Can achieve 225’ height by building sustainably (Leed Silver) or providing affordable units Council expected to formally adopt changes in December or January Parcel #’s 09-09-29-148-008, 09-09-29-222-004, 09-09-29-222-005

  • Listing ID: 29878853

  • Date on Market: 10/25/2023

  • Last Updated:

  • Address: 123 N Ashley St, Ann Arbor, MI 48104

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