Overview
- Industrial
- ********
- 2525
- 1928
Overview
- Industrial
- ********
- 2525
- 1928
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.
Details
Updated on August 19, 2025 at 6:14 am- Property ID: 50170591
- Price: $1,625,000
- Property Size: 2525 Sq Ft
- Land Area: 0.15 Acres
- Bedroom: ********
- Garage: Attached
- Year Built: 1928
- Property Type: Industrial
- Property Status: For Sale
Address
Open on Google Maps- Address 221 W Liberty Street
- City Ann Arbor
- State/county Michigan
- Zip/Postal Code 48104
- Country US
Features
- Air Conditioning
- Central Air
