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507-511 S Ashley St
Ann Arbor, MI 48103
Retail Property For Sale
Investment Highlights
- Immediate surrounding: U of M 5,000+ new residents in process; 2,300 under construction. $1 billion estimated construction.
- Easy access to employment centers, restaurants, shopping, major roads, and highways.
- Open ceilings, 4 overhead garage doors, and great layout. Rare downtown on-site surface parking (north lot).
- Located in downtown Ann Arbor DDA with thousands of parking spots within a minutes walk.
- Property enjoys rare food truck zoning. The property has active 2023 food truck permits.
- Beautiful location adjacent to the Old Westside neighborhood and U of M campus. Amazing walkability, transit and biking.
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,616 SF
Building Class
C
Year Built
1940
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.17 AC
Zoning
D2 - D2 zoning allows residential, office, industrial, automotive, commercial, and temporary. See "Property Details" above or the"Primited Use" document.
Parking
7 Spaces (1.94 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
Property Taxes
| Parcel Number | 09-29-412-012 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $160,100 |
Property Taxes
Parcel Number
09-29-412-012
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$160,100
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