221 W Liberty Street Active Save Request In-Person Tour Request Virtual Tour
Ann Arbor,MI 48104
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
Year Built 1928
Annual Tax Amount $24,484
Lot Size 6,534 Sqft
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
Exterior
Utilities Available Employee Lunch/Lounge,440V Available,Smoke Alarm,Fire Sprinkler
Roof Type Other
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Stucco
Schools
School District Ann Arbor
Others
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Special Listing Condition Full Service