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Property profile & analytics
FOR SALE
Office buildings

306 E Liberty St Ann Arbor, MI 48104

3,536 SF
Property ID
US43-1185440
306 E Liberty St, Ann Arbor, MI 48104 For Sale
$925,000 3,536 SF
306 E Liberty St, Ann Arbor, MI 48104
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Property summary
AI-generated overview

Prime Downtown Ann Arbor Owner-User Opportunity. Take advantage of a rare opportunity to own ±3,536 SF of ideally located office or retail space in the heart of downtown Ann Arbor. Positioned on E Liberty Street near the corner of S 5th Ave, this two-story building offers prominent street frontage in a high-foot-traffic area just steps from the University of Michigan campus. Zoned D1 (Downtown Core District) and situated within the Historic District, the property is surrounded by established retailers, restaurants, businesses, and residential developments. Currently exempt from property taxes, this property is perfect for an owner-user looking to establish a presence in one of Ann Arbor’s most vibrant and walkable neighborhoods. Includes 1 dedicated parking space.

Property profile
Verified
Property type Office buildings
Total area 3,536 SF
UPID US43-1185440
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Christian Science Reading Room (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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