MI > Ann Arbor > Mi
Ann Arbor, MI 48104-1322,221 W Liberty Street
Ann Arbor, MI 48104-1322,221 W Liberty Street
Ann Arbor, MI 48104-1322,221 W Liberty Street
Ann Arbor, MI 48104-1322,221 W Liberty Street
Ann Arbor, MI 48104-1322,221 W Liberty Street
Ann Arbor, MI 48104-1322,221 W Liberty Street
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David Godin

David Godin

+1(586) 416-0600
$ 1,625,000
Est. payment | /mo

2,525 SqFt

Save
$ 1,625,000
Est. payment | /mo
Save

2,525 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 2,525 sqft

Price per Sqft $643

Subdivision Mi

MLS Listing ID 50170591

Year Built 1928

Annual Tax Amount $24,484

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 70X110X66X87

Property Sub-Type Commercial/Industrial

Property Description

Development opportunity in downtown Ann Arbor: 221 W Liberty sits on a high foot-traffic corner at Liberty and First (includes the adjacent parcel at 305 S 1st St), offering a fully built-out turnkey restaurant space in one of the city's most active commercial corridors. The location provides excellent visibility and walkability, surrounded by businesses, nightlife, and close to the University of Michigan. The property includes a 2,525 SF building on a 6,600 SF lot within the D2 zoning district, allowing for a range of redevelopment options. D2 zoning supports mixed-use projects, including residential, office, and commercial development, with height allowances up to 60 feet, subject to design standards. The site also has the potential for Brownfield TIF, offering financial incentives for eligible redevelopment projects. Ideal for restaurateurs, investors, or developers, this property offers both immediate utility and long-term potential in one of Michigan's most vibrant urban markets.

Location

State MI

County Washtenaw

Area Ann Arbor (81021)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Parking Features 6-10 Spaces

Roof Type Slate

Building

Foundation Slab

Water Public Water

Structure Type Stucco

Others

Ownership Private

SqFt Source Estimated

Energy Description Electric,Natural Gas

Financing Cash,Commercial Loan

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Real Estate One/Max Broock Realtors
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Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

42094 Garfield Rd, Clinton Twp, MI, 48038, USA

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221 W Liberty Street