Downtown Office Building
Office
for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial
| Catylist Listing ID: |
30852490 |
| Property Subtypes: |
Mixed Use, Office Building
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
1,008 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.10 Acres
|
| Sale Price: |
$1,150,000 |
| Unit Price: |
$1,140 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/25/2023 |
Overview / Comments
Ideal downtown Ann Arbor corner location. Currently a small office building, but a prime spot for redevelopment. D-1 Zoning allows for main potential uses including a multi-family dwelling, hotel, bed & breakfast, commercial uses, restaurant/bar, theater, etc.
|
Additional Details
| Nearest MSA: |
Ann Arbor |
| County: |
Washtenaw |
| Submarket/Township: |
Washtenaw W of 23 |
| Taxing Authority: |
City of Ann Arbor |
| Tax ID/APN: |
09-09-29-146-006 |
| Zoning: |
DOWNTOWN CORE DISTRICT |
| Property Located Between: |
W Washington Street and W Liberty Street |
| Property Visibility: |
Excellent |
| Highway Access: |
M-14, I-94 |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1960 |
| Roof Type: |
Flat |
| Parking Type: |
Surface |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable |
| Zoning Description: |
D1 - Downtown Core District. This district is intended to contain the downtown's greatest concentration of
development and serves as a focus for intensive pedestrian use. This district is appropriate for high-density mixed residential, office, and commercial development. |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Other |
| Easements Description: |
provided with legal description |
| Legal Description: |
N 60 FT M/L OF E 80 FT LOT 8 B2S R2E ORIGINAL PLAT OF ANN ARBOR |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
32,636 |
111,714 |
163,118 |
| Median Age: |
26.71 |
33.34 |
34.29 |
| Households: |
11,945 |
45,459 |
67,516 |
|
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