200 Ashley StAnn Arbor, MI 48104

Property Details for 200 Ashley St

Year built

1960

Lot size

0.11 AC

Property size (Sq ft)

1,008 SF

Zone code

D1

Property type

Commercial real estate

APN

09-09-29-146-006

APU

90929146006

Description

This exceptional 1,008 square foot property, located at 200 S Ashley St, Ann Arbor, MI 48104, presents a unique owner-user investment opportunity. Situated on a 0.105-acre lot in the heart of downtown Ann Arbor, this single-story, 1960-built building boasts a prime corner location at the intersection of S. Ashley St. and W. Washington St., complete with on-site parking. The D1 zoning allows for diverse uses, including redevelopment. The interior features an open floor plan with high ceilings and expansive storefront windows, perfect for retail or office use. An updated restroom and a partially open interior space with a new walk-in shower add to its functionality. A sliding door leads to a spacious garage with a rolling door, offering potential for outdoor expansion. This property is ideally situated near established businesses, restaurants, and retail, and within walking distance of student housing, apartments, neighborhoods, and the University of Michigan's Central Campus. Easy access to M-14 and I-94 provides excellent connectivity. The asking price is $1,500,000, translating to $1,488.10 per square foot. This is a rare chance to acquire a versatile property in a thriving downtown area.

• Alternative Use

  Use

  Valuation

  Residential

  $197,512

  Hospitality

  $180,920

  Educational

  $150,523

  Medical

  $155,700

  Retail

  $234,147

Location Insight

City

Ann Arbor

County

Washtenaw

State

Michigan

Latitude

42.2804

Longitude

-83.7501

CBSA code

11460

CBSA name

ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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