507-511 Ashley StAnn Arbor, MI 48103

For Sale
Call for price
Prime Redevelopment Opportunity, D-2 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 0.179-acre commercial land parcel at 507-511 S Ashley St, Ann Arbor, MI 48103 (APN: 09-09-29-412-012, 09-09-29-412-013) presents a unique redevelopment opportunity. Located one block from Main Street's vibrant entertainment district and less than a mile from the University of Michigan, this corner lot boasts high visibility and foot traffic. The D-2 zoning allows for a potential building height of up to 80 feet, ideal for high-rise residential or commercial development. The existing structure features expansive open areas, three large overhead doors, and ample storage, making it suitable for various uses. Current configurations could easily support a brewery or distillery with food trucks, while the flexible layout also lends itself to tech hubs, specialty shops, or a gourmet market. Street and municipal parking options are readily available. This property offers unparalleled potential in a thriving Ann Arbor community. Invest in a location that combines prime accessibility with significant development potential. The property's versatility and strategic location make it an exceptional investment for those seeking to create a unique and impactful commercial space. Seize this opportunity to be part of Ann Arbor's dynamic growth.

Highlights

  • Less than one mile from the University of Michigan.
  • Corner lot, one block from Main Street's entertainment district.
  • Abundant street and municipal parking nearby.
  • Ideal for brewery/distillery use with food trucks.
  • Suitable for tech hubs, specialty shops, or a gourmet market.
  • Flexible layout for unique commercial space.

Property Details for 507-511 Ashley St

Property type
Land
Lot Size (sq. ft)
7,797 SF

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.2759396
Longitude
-83.749874
507-511 Ashley St, Ann Arbor, Michigan

FAQs

What type of property is this?
Land - Prime Redevelopment Opportunity, D-2 Zoning
Where is the land located?
The property is located at 507-511 Ashley St Ann Arbor, MI.
What are key features of this property?
This property features: Less than one mile from the University of Michigan.; Corner lot, one block from Main Street's entertainment district.; Abundant street and municipal parking nearby.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
507-511 Ashley St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message