Listed by Colliers - Ann Arbor, Michigan
$2,900,000
Great Redevelopment Opportunity
Details
APN 09-09-29-311-019
Property Type Multifamily, Office
Sub Type Apartment Building, Creative Office
Square Footage 21,153
Broker Co-Op Yes
Buildings 1
Acreage 0.600
Zoning M-1
Investment Type Redevelopment
Redevelopment Opportunity
Marketing description
This 21,153 SF, four-story property on a 0.60-acre parcel offers a rare opportunity for redevelopment in Ann Arbor’s Old West Side Historic District. Surrounded by residential properties, offices, and educational facilities, the site is just a short walk from downtown Ann Arbor. Currently zoned M-1 Limited Industrial, the City of Ann Arbor’s draft future land use designates the property for residential, with support anticipated for rezoning to a residential category or PUD. While the historic designation prevents vertical expansion, the property’s ample parking and fire suppression system make it an ideal candidate for multi-family residential redevelopment. Offered at $2,900,000, this property combines history, location, and potential.
Listing Contacts
Listed by Colliers - Ann Arbor, Michigan
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