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Storefront Property with Basement
For Sale
Contact for pricing
Pending

201 E Washington St, Ann Arbor, MI 48104

First-floor condominium space includes a full-sized basement and bar-restaurant improvements.

Property Size7,648 SF
Days on Market691

Property Features for 201 E Washington St

General Information

Standard status Pending
Size 7,648 SF
Property subtype Retail
Zoning D1

Additional Details

Floor 1

Building Details

Year Built 1901
Year Renovated 2024
Units 1
Listing Agency: Cresa
Listed By: Bill Vogel · License #MI 65-02-433410
Source: Crexi
Added: Oct 9, 2024 Changed: Aug 30 Last Checked: Aug 30 at 1:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cresa

Investment Insights

Based on property information with market context.

This 7,648 SF storefront property is configured as a first-floor retail condominium with a full-sized basement. The improvements were built for bar and restaurant operations, while the space may accommodate other uses.

Constructed in 1901, the property is located at 201 E Washington St in Ann Arbor, MI 48104, within a few blocks of the University of Michigan’s Central Campus. The D1-zoned property offers a combination of retail frontage, substantial lower-level area, and an existing food-and-beverage layout.

Key Highlights

  • 7,648 SF first‑floor retail condominium
  • Full‑sized basement included
  • Built for bar and restaurant operations

Property Analytics

Current Use

Eden Air Purifiers Big Box & Wholesale Store

Suggested Use

Top Pick Electrical Service HVAC Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,422
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48104, MI

41,588
Population
19,173
Households
2.2
Avg Household Size
27
Median Age
82%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
5,332
Density / Sq Mi
$63,341
Median Household Income
$16,073
Median Earnings
$1,548
Median Rent
$481,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Tom Thompson Flowers 504 s main st, ann arbor, mi 48104
  • University Flower Shop 7 Nickels Arcade, Ann Arbor, MI 48104

Frequently Asked Questions

What type of property is this?
Storefront property - First-floor condominium space includes a full-sized basement and bar-restaurant improvements.
Where is this storefront property located?
The property is located at 201 E Washington St Ann Arbor, MI.
What are key features of this property?
This property features: 7,648 SF first‑floor retail condominium; Full‑sized basement included; Built for bar and restaurant operations
More about this property
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