201 Washington StAnn Arbor, MI 48104

Property Details for 201 Washington St

Year built

1901

Lot size

0.10 AC

Zone code

D1

Property type

Commercial real estate

APN

09-09-29-127-037

APU

90929127037

Description

This exceptional retail condominium, located at 201-203 E Washington Street in Ann Arbor, Michigan, presents a unique investment opportunity. Situated just blocks from the University of Michigan's Central Campus, this property enjoys a high-traffic, vibrant location within the heart of Ann Arbor's bustling downtown area. The building features a spacious first-floor retail space, previously operating as a successful bar and restaurant, offering significant potential for a variety of uses. The flexible layout allows for adaptation to suit diverse business needs. A full-sized basement provides ample storage and additional square footage, enhancing the property's overall functionality. The property's address is 201 E Washington St, Ann Arbor, MI 48104, with GPS coordinates of 42.28052008202664 latitude and -83.7471920551979 longitude. The single-tenancy structure offers streamlined management and control. This prime location, combined with the versatile space and basement storage, makes this property an attractive investment for discerning buyers seeking a foothold in Ann Arbor's thriving commercial market. The property is a retail condominium, offering the benefits of ownership without the responsibilities of managing a larger multi-unit building. The previous tenant operated a bar/restaurant, but the space is adaptable to other retail uses. This presents a rare chance to acquire a well-situated property in a highly desirable area.

• Alternative Use

  Use

  Valuation

  Residential

  $827,865

  Hospitality

  $758,320

  Educational

  $630,913

  Medical

  $652,611

  Retail

  $981,420

Location Insight

City

Ann Arbor

County

Washtenaw

State

Michigan

Latitude

42.2807

Longitude

-83.7471

CBSA code

11460

CBSA name

ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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