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    404 W Liberty St Ann Arbor, MI 48103

    New
    For Sale
    $1,600,000

    COMMERCIAL - Ann Arbor, MI

    Property size:
    5,318 SF
    Lot size:
    0.18 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 404 W Liberty St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Basement, Bathroom 2, Bathroom 1
    Bathrooms
    3
    APN
    09-09-29-211-026
    Parking
    10
    Interior features
    Broadband
    Size
    5,318 SF
    Lot size
    0.18 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1936
    Number of units
    2
    Building materials
    Block, Concrete, Stucco
    Roof type
    Rubber, Composition

    J Keller Properties, LLC (734) 369-8239

    Listing agent Jonathon Keller (734) 323-1072

    Listing date Dec 8, 2025

    Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Parcel in Ann Arbor

    Located in the heart of Ann Arbor, this mixed-use parcel includes two buildings and ample parking. The first building, at 404 W Liberty, is a 2,650 square foot office building featuring eight private offices, a full kitchen, a lounge, and two bathrooms, with a full basement offering clean, dry storage and potential for additional usable space. Previously used as 'Blue Karaoke', this building is suitable for industries needing private offices, such as tech, manufacturing, dental, therapy, architecture, or law. The second building, at 406 W Liberty, includes a 1,334 square foot garage space on the first floor, suitable for a shop, gym, or workspace. Upstairs is a 1,334 square foot two-bedroom, one-bathroom apartment with large living areas, multiple skylights, and a balcony overlooking the town. The lot is zoned D2 and considered a "non-contributing building to the historic west side," offering development potential through building up, out, or new construction. The property has a shared driveway and a lot size of 0.18 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.752802
    Latitude
    42.279634

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    FAQs

    What type of property is this?
    Mixed-use property - Two buildings with development potential in the heart of Ann Arbor.
    Where is this mixed-use property located?
    The property is located at 404 W Liberty St Ann Arbor, MI.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Mixed-use parcel with two buildings in the heart of Ann Arbor.; - Zoned D2 with development potential; considered a "non-contributing building to the historic west side."; - Building 1: 2,650 sq ft office building with **8 private offices, full kitchen, lounge, and basement storage.**
    (734) 323-1072
    Request Owner's contact information
    404 W Liberty St Ann Arbor, MI 48103
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    Ann Arbor, MI 48103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    404 W Liberty St Ann Arbor, MI 48103
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