Property summary
This stunning 8,532 square foot mixed-use building, located at 617 E Huron St in Ann Arbor, Michigan, presents a rare opportunity for investors. Built in 1886, this two-story property boasts a rich history, having served as a student center and parish hall. Currently configured as an office building, its prime location in the Downtown Core District offers significant redevelopment potential for a variety of uses, including mixed-use, retail, hospitality, or restaurant concepts. The property's… central location near Hill Auditorium and the University of Michigan's central campus ensures high visibility and foot traffic. Surrounded by established businesses, student housing, and public transportation, this location is highly desirable. The building itself is an architectural marvel, featuring a signature arched entrance, abundant natural light, soaring ceilings, huge windows, original hardwood floors, fireplaces, and an original staircase. The unique second floor showcases a detailed vaulted ceiling with curved stained-glass windows, an open floor plan, and a former theatrical stage. The walk-out lower level provides additional space with daylight windows, high ceilings, and ample storage. The property also includes a rear parking lot with five spaces, with the potential to add two to three more. The asking price is $5,500,000, translating to $644.63 per square foot. The property's APN is 09-09-29-106-011 and is zoned for the Downtown Core District. This is a truly exceptional property with immense potential.
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 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
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
- 0.21 ac
- Year built
- 1886
- APN
- 09-09-29-106-011
- Zoning
- D1
- Assessed value · 2024
- $1,125,100
- Annual tax · 2023
- $71,846
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
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- Value Estimation
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- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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