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Katie Wright

kawrealty@gmail.com +1(248) 403-3182

$ 1,625,000

Est. payment -/mo

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221 W Liberty Street Ann Arbor, MI 48104

2,525 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 2,525 sqft

Price per Sqft $643

MLS Listing ID 58050170591

Originating Board MiRealSource

Year Built 1928

Annual Tax Amount $24,484

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 70X110X66X87

Property Sub-Type Real Estate Only

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

Zoning Commercial

Interior

Hot Water Natural Gas

Heating Forced Air, Central Air

Heat Source Electric, Natural Gas

Exterior

Utilities Available Employee Lunch/Lounge, 440V Available, Smoke Alarm, Fire Sprinkler

Roof Type Other

Road Frontage Paved

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Additional Building Other

Structure Type Stucco

Schools

School District Ann Arbor

Others

Tax ID 09-09-29-212-001 + ...004

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Full Service

Listed by Desert Klein-Kassab of Real Estate One/Max Broock Realtors

Katie Wright

Broker Associate | License ID: 387021

+1(248) 403-3182

Katie Wright

221 W Liberty Street Ann Arbor, MI 48104

Key Details

Location

Interior

Exterior

Building

Schools

Others

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221 W Liberty Street