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226 W Liberty St 8,700 SF 100% Leased Office Building Ann Arbor, MI 48104 $6,400,000 ($735.63/SF)
Investment Highlights
- Prime Redevelopment Downtown Ann Arbor
Executive Summary
Prime Redevelopment Opportunity in Downtown Ann Arbor. This 7,340 SF office building, situated on a 0.20-acre lot at the prominent corner of W Liberty Street and S First Street, offers exceptional potential. Zoned D-1 (Downtown Core District), the property is ideal for high-density mixed-use development, encompassing residential, office, and commercial uses.
The D-1 zoning encourages the highest concentration of development and is designed to support pedestrian-friendly, vibrant urban spaces.
Located just two blocks from Main Street and close to the University of Michigan, the property is surrounded by public parking, established multi-family and mixed-use developments, retail shops, restaurants, and other thriving businesses.
This location is a prime candidate for transformative redevelopment in Ann Arbor’s dynamic downtown core.
The D-1 zoning encourages the highest concentration of development and is designed to support pedestrian-friendly, vibrant urban spaces.
Located just two blocks from Main Street and close to the University of Michigan, the property is surrounded by public parking, established multi-family and mixed-use developments, retail shops, restaurants, and other thriving businesses.
This location is a prime candidate for transformative redevelopment in Ann Arbor’s dynamic downtown core.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Building Size
8,700 SF
Building Class
C
Year Built
1920
Price
$6,400,000
Price Per SF
$735.63
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,350 SF
Slab To Slab
10’
Building FAR
1.00
Lot Size
0.20 AC
Zoning
D-1 - The D-1 zoning encourages the highest concentration of development and is designed to support pedestrian-friendly, vibrant urban spaces.
Parking
10 Spaces (1.15 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 1
Walk Score®
Walker's Paradise (99)
Bike Score®
Biker's Paradise (90)
Property Taxes
| Parcel Number | 09-29-224-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,172,000 |
Property Taxes
Parcel Number
09-29-224-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,172,000
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226 W Liberty St
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