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221 W Liberty

Ann Arbor, MI 48104
  • $1,625,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 50170591
UPDATED: 220 min ago
$1,625,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,525
    SQFT
  • $644
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1928
County:

School Ratings & Info

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 citys 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 Michigans most vibrant urban markets.

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[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Snyder & Company, Realtors®. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-04-19T23:47:51.26.
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221 W Liberty Ann Arbor, MI 48104

  • Price: $1,625,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 220 min ago
  • MLS #: 50170591
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2,525
SQFT
$644
$/SQFT
1928
Built
Neighborhood:
Ann Arbor (81021)
County:
Washtenaw
Area:
Ann Arbor (81021)
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 citys 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 Michigans most vibrant urban markets.
Exterior Features

Exterior Construction Stucco Foundation Type Slab Frontage 70 Location Bus Service Near SiteCorner Lot Lot Size 70X110X66X87 Parking 6-10 Spaces Roads Paved Street Roofing Slate Waterfront YN No

Interior Features

Basement YN No Commercial Ceiling Height Less than 16 Ft. Commercial Features 440 Volt PowerCafe/KitchenConcrete FloorInternet AvailableDelivery AreaDelivery DoorDock DoorFixturesFloor DrainFurnitureInterior SprinklerOverheadRestroom(s)Security Syetem OwnedSidewalksSprinkler SystemSmoke/Fire Alarm Cooling System Central A/C Fuel Type ElectricNatural Gas Heating System Forced Air Water Heater Gas

Property Features

Additional Documents YN No Assessments YN No Business Type Restaurant Commercial Type Commercial/Industrial Environmental Condition YN Unknown Financial Terms CashCommercial Loan Flood Insurance Unknown Flood Plain 100 Year Lease YN No License Available YN No Municipality Ann Arbor Ownership Private Sale Includes Real Estate Only SEV 671400 Sev Year 2025 Sewer Septic Public Sanitary Sq Ft Source Estimated Subject To Short Sale Approval No Summer Tax Amount 19065 Summer Tax Year 2024 Taxable Value 671400 Total Tax Amount 24484 Total Tax Year 2024 Water Public Water Winter Tax Amount 5419 Winter Tax Year 2024 Zoning Commercial

Listing courtesy of Real Estate One/Max Broock Realtors : 734-662-8600.

Source MLS: MiRealSource
Originating MLS: MiRealSource

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Snyder & Company, Realtors®. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-04-19T23:47:51.26.
 
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Berkshire Hathaway HomeServices Snyder & Company, Realtors®
2655 Plymouth Road
Ann Arbor MI, 48105
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