Property summary
This exceptional retail condominium, located at 201-203 E Washington Street in Ann Arbor, Michigan, presents a unique investment opportunity. Situated just blocks from the University of Michigan's Central Campus, this property enjoys a high-traffic, vibrant location within the heart of Ann Arbor's bustling downtown area. The building features a spacious first-floor retail space, previously operating as a successful bar and restaurant, offering significant potential for a variety of uses. The… flexible layout allows for adaptation to suit diverse business needs. A full-sized basement provides ample storage and additional square footage, enhancing the property's overall functionality. The property's address is 201 E Washington St, Ann Arbor, MI 48104, with GPS coordinates of 42.28052008202664 latitude and -83.7471920551979 longitude. The single-tenancy structure offers streamlined management and control. This prime location, combined with the versatile space and basement storage, makes this property an attractive investment for discerning buyers seeking a foothold in Ann Arbor's thriving commercial market. The property is a retail condominium, offering the benefits of ownership without the responsibilities of managing a larger multi-unit building. The previous tenant operated a bar/restaurant, but the space is adaptable to other retail uses. This presents a rare chance to acquire a well-situated property in a highly desirable area.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.1 ac
- Year built
- 1901
- APN
- 09-09-29-127-037
- Zoning
- D1
- Assessed value · 2024
- $687,800
- Annual tax · 2023
- $37,798
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
This district is intended to contain the downtown's greatest concentration of development and serves as a focus for intensive pedestrian use. This district is appropriate for high density mixed residential, office, and c…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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