306 E Liberty St Ann Arbor, MI 48104
For Sale
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.
-
Christian Science Reading Room (Bike/Boat/Book/etc) Store
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.