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    208 E Washington St Ann Arbor, MI 48104

    For Sale
    $1,480,000

    Two-story building with retail and office tenants in prime location.

    Lot size:
    3.00 Acres

    Property Features for 208 E Washington St

    General Information

    Zoning
    D-1 Mixed-Use Downtown Core
    Lot size
    3.00 Acres

    Source: Michael Jurgenson, CCIM Agent Michael Jurgenson, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Ann Arbor Mixed-Use Building

    Located in downtown Ann Arbor, just off Main Street between Fourth and Fifth Avenues, this two-story building offers 3,624 square feet of space with versatile D1 zoning, allowing for mixed-use opportunities. The property is suitable for owner-users or investors looking to capitalize on Ann Arbor’s downtown market. The building includes a street-level retail tenant with a lease expiring in October 2026 and a second-floor office tenant with a lease expiring in December 2025, providing immediate income. The location is steps from premier dining, shopping, and cultural attractions, with a convenient parking structure located half a block away. The property offers high-traffic visibility and redevelopment potential. The location provides access to the city's cultural and commercial hub, surrounded by restaurants, shops, and entertainment venues. The property is positioned to serve as a dynamic destination for business or residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kelly & Kelly, PC Attorney Swisher Commercial Commercial Real Estate Agency Roya Beauty Beauty Salon Saline Business Parks Real Estate Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7504072
    Latitude
    42.2808246

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    FAQs

    What type of property is this?
    Retail space - Two-story building with retail and office tenants in prime location.
    Where is this retail space located?
    The property is located at 208 E Washington St Ann Arbor, MI.
    What is the asking price?
    The asking price for this property is $1,480,000.
    What are key features of this property?
    This property features: - Prime Downtown Ann Arbor location, steps from Main Street, offering high-traffic visibility and access to dining, shopping, and cultural attractions.; - Versatile D1 zoning allows for mixed-use opportunities, including street-level retail and second-floor office or residential conversion.; - 3,624 SF, 2-story building suitable for owner/users or investors seeking redevelopment potential.
    (734) 222-7522
    Request Owner's contact information
    208 E Washington St Ann Arbor, MI 48104
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    Ann Arbor, MI 48104
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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
    208 E Washington St Ann Arbor, MI 48104
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