$1,625,000

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221 Liberty #221 Ann Arbor, MI, United States 48104

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.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Other
  • Year Built: 1928
  • Built in 1928
  • Home size: 2,525 ft2 / 234.58 m2
  • MLS: 50170591
  • Status: Active

Property brokered by

Real Estate One, Inc.

(248) 208-2900

Get more listing details on brokerage site

Presented by Desert Klein-Kassab

  • (734) 662-8600 (Office Phone)

Contact Desert Klein-Kassab

Contact Agent

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