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    226 W Liberty St Ann Arbor, MI 48104

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    For Sale
    $6,400,000

    Redevelopment opportunity in downtown Ann Arbor near the University of Michigan.

    Lot size:
    0.19 Acres

    Property Features for 226 W Liberty St

    General Information

    Lot size
    0.19 Acres

    Source: Colliers - Ann Arbor Agent James H. Chaconas

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

    Overview

    Downtown Ann Arbor Redevelopment Opportunity

    This property presents a redevelopment opportunity in downtown Ann Arbor, featuring a 7,340 square foot office building situated on a 0.20-acre lot at the corner of W Liberty St. and S First St. Zoned D-1 (Downtown Core District), the site supports high-density, mixed-use development, making it suitable for residential, office, and commercial uses within a pedestrian-friendly, urban environment. The location is two blocks from Main St. and near the University of Michigan. The surrounding area includes public parking, multi-family and mixed-use developments, retail establishments, restaurants, and various businesses. This property offers an opportunity for transformative redevelopment in Ann Arbor’s vibrant downtown core.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pma Consultants Llc Construction Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7507107
    Latitude
    42.2798359

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    FAQs

    What type of property is this?
    Commercial land - Redevelopment opportunity in downtown Ann Arbor near the University of Michigan.
    Where is this commercial land located?
    The property is located at 226 W Liberty St Ann Arbor, MI.
    What is the asking price?
    The asking price for this property is $6,400,000.
    What are key features of this property?
    This property features: - Prime downtown Ann Arbor redevelopment opportunity.; - Zoned D-1, supporting high-density mixed-use development.; - **7,340 SF building on a 0.20-acre lot at the corner of W Liberty St. and S First St.**
    (734) 994-3100
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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
    226 W Liberty St Ann Arbor, MI 48104
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