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For Sale

221 W Liberty Street

221 W Liberty Street, Ann Arbor, MI 48104-1322

$1,625,000
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.

2,525 Sq.Ft. LIVING AREA

6,534 Sq.Ft. lot

Features & Amenities

Interior

  • Flooring Concrete
  • APPLIANCES Gas Water Heater

Area & Lot

  • Status For Sale
  • Living Area2,525 Sq.Ft.
  • Lot Area6,534 Sq.Ft.
  • MLS® ID50170591
  • TypeCommercial
  • YEAR BUILT1928

Exterior

  • water SourcePublic
  • utilitiesCable Available, Electricity Connected, Natural Gas Connected, Water Connected, Internet Available
  • roofSlate
  • lot featuresBus Service Near Site, Corner Lot
  • parking6-10 Spaces
  • HEAT TYPEForced Air
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sanitary
  • SubstructureSlab
  • security FeaturesInterior Sprinkler, Security System Owned, Fire Sprinkler System, Smoke/Fire Alarm

Financial

  • Sales Price$1,625,000
  • Real Estate Tax $24,484/yr
Desert Klein-Kassab

Desert Klein-Kassab

Douglas Kassab

Douglas Kassab

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 221 W Liberty Street, Ann Arbor, MI 48104-1322. We are reviewing your request and will be in touch shortly!

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