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208 E Washington St
Ann Arbor, MI 48104
Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Prime Downtown Ann Arbor location, just off Main Street between Fourth and Fifth Avenues
  • Includes an existing retail tenant for immediate income and flexibility
  • Ideal for investors or owner/users seeking high-traffic visibility and redevelopment potential
  • 3,624 SF, 2-story building with versatile D1 zoning for mixed-use opportunities
  • Steps from premier dining, shopping, and cultural attractions, with nearby parking

EXECUTIVE SUMMARY

Positioned in the heart of Ann Arbor’s vibrant downtown, 208 East Washington Street offers a rare chance to secure a high-visibility asset in one of Michigan’s most dynamic urban markets. This two-story property combines immediate income with long-term redevelopment potential, making it ideal for investors or owner-users seeking flexibility and growth. The building features an established ground-floor retail tenant and a second-floor office tenant, ensuring cash flow while providing options for future customization or conversion to residential or creative office use.
The location is unbeatable—just steps from Main Street and surrounded by premier dining, boutique shopping, and cultural attractions. With a municipal parking structure half a block away and excellent walkability, the property delivers convenience for tenants and customers alike. Zoned D1 (Downtown Core), the site supports a wide range of mixed-use possibilities, enhancing its appeal for adaptive reuse or portfolio expansion. Ann Arbor’s strong demographics, high household incomes, and proximity to the University of Michigan further amplify the long-term value of this investment.
Whether you’re looking to establish a flagship presence or capitalize on one of Michigan’s most resilient markets, 208 East Washington stands out as a strategic acquisition with exceptional upside.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,624 SF
Building Class
C
Year Built
1968
Price
$1,480,000
Price Per SF
$408.39
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,812 SF
Building FAR
2.08
Lot Size
0.04 AC
Zoning
D1 - D-1 Mixed-Use Downtown Core

AMENITIES

  • Bus Line

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-29-128-019
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$533,000
  • Listing ID: 34276650

  • Date on Market: 12/23/2024

  • Last Updated:

  • Address: 208 E Washington St, Ann Arbor, MI 48104

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