255 Liberty St Ann Arbor, MI 48104
This exceptional three-story, 23,309-square-foot commercial building at 255 East Liberty Street presents a unique investment opportunity in the vibrant Downtown Ann Arbor submarket. Built in 1920 and boasting a Class B designation, this property offers a blend of retail and office space, ideal for multiple tenants. The building sits on a 0.35-acre lot and is zoned D1, allowing for a variety of uses. Currently, there are two available spaces ranging from 1,470 to 5,965 square feet, providing flexibility for businesses of varying sizes. The strategic location on East Liberty Street ensures high visibility and street exposure, attracting significant foot traffic. The property features both upper-level office space and lower-level retail space, catering to diverse business needs. Onsite parking is available, a valuable amenity in a bustling downtown area. This well-positioned building offers a compelling combination of historical charm and modern functionality, making it an attractive investment in a thriving Michigan city. The property's three stories provide ample space for expansion or subdivision, allowing for customization to suit specific tenant requirements. Its location in the heart of Downtown Ann Arbor ensures easy access to a wide range of amenities, services, and a strong customer base. This is a rare chance to acquire a significant commercial property in one of Michigan's most desirable downtown areas.
-
E Search Vision Physician
-
Currin Lutherie Production Facility
-
Hook Studios LLC Marketing & Advertising Advertising Agency
-
Teeth Whitening Store Dental Office
-
Fun Field Art Studio
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.