400 N River Street, Ypsilanti, MI 48198

New Listing
$8,999,999
Property Type: Commercial Sale Square Footage: 31,496 Lot Size (sq. ft.): 35,696 Status: Active
Current Price: $8,999,999 List Date: 8/11/2026 Last Modified: 8/11/2026

Overview

Description

A landmark opportunity more than 160 years in the making. Located at the gateway to Ypsilanti's historic Depot Town, the Thompson Block is an extraordinary mixed-use property combining irreplaceable historic character with modern construction, established commercial tenancy and multiple income streams. Originally built circa 1861, this beautifully restored three-story Italianate building has been recognized with a Governor's Award for Historic Preservation. The street level is home to Thompson & Co. restaurant and Mash bar, complemented by distinctive outdoor gathering spaces and a highly visible corner location. The upper floors feature 20 luxury loft residences thoughtfully designed to preserve the building's historic character while offering today's most desirable amenities. The sale includes the real estate only; the restaurant business is not included and will remain in place under its existing commercial lease.

Listing Details MLS# 26041906

Location Property Info

County
Washtenaw
Street #
400
Street Direction
N
Street Name
River
Suffix
Street
State
MI
Zip Code
48198

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.82
Lot Square Footage
35696
Lot Dimensions
na
Year Built
1861
Road Frontage
129
# Fin Bldg Lvls
28562
Total # Bldgs
Yes
Total SqFt
31496
Property Use Type
Business
Full Baths
2
Waterfront
No
School District
Ypsilanti
Total # Units
0

Tax Info

Tax ID #
11-88-04-495-023
Taxable Value
71989
SEV
189900
For Tax Year
2025
Seller's Annual Property Tax
19325
Tax Year
2025
Zoning
C I
Homestead %
0
Spec Assessment & Type
No

Additional Details

Passenger Elevators
Yes

Waterfront Options

Water Access Y/N
No

More Information

Location & Property Info

Cross Streets
Cross and River
Property Sub-Type
Retail
Municipality
Ypsilanti City

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
285.75
Prop Avail for Lease?
No
Current Bldg Use
MIxed use

Remarks & Misc

Public Remarks
A landmark opportunity more than 160 years in the making. Located at the gateway to Ypsilanti's historic Depot Town, the Thompson Block is an extraordinary mixed-use property combining irreplaceable historic character with modern construction, established commercial tenancy and multiple income streams. Originally built circa 1861, this beautifully restored three-story Italianate building has been recognized with a Governor's Award for Historic Preservation. The street level is home to Thompson & Co. restaurant and Mash bar, complemented by distinctive outdoor gathering spaces and a highly visible corner location. The upper floors feature 20 luxury loft residences thoughtfully designed to preserve the building's historic character while offering today's most desirable amenities. The sale includes the real estate only; the restaurant business is not included and will remain in place under its existing commercial lease.
Legal
BLK:100 DIST:11 CITY/MUNI/TWP:YPSILANTI CITY

Street Type

Public
Yes

Property Use

Business
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Bar/Tavern/Lounge
Yes
Restaurant
Yes
Other
Yes

Construction Type

Steel
Yes
Other
Yes

Exterior Material

Brick
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Ownership

Other
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Docs at List Office

Aerial Photo
Yes
Survey
Yes
Other
Yes

Business Includes

Real Estate
Yes

Util Avail at St

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Phone Available
Yes
Storm Sewer
Yes

Tenant Pays All

Other
Yes

Docs Req Conf Agrmnt

Other
Yes

Purchase Terms Avail

Other
Yes

Possession

Negotiable
Yes
See Remarks
Yes

Property Features

Property Use: Business Uses: Bar/Tavern/Lounge; Restaurant; Other Ownership: Other Business Includes: Real Estate Construction Type: Steel; Other Exterior Material: Brick Tenant Pays All: Other Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Street Type: Public Purchase Terms Avail: Other Docs at List Office: Aerial Photo; Survey; Other Docs Req Conf Agrmnt: Other Sale Conditions: None Possession: Negotiable; See Remarks
IDX
Listing Office: Real Estate One Inc
Listing Agent: Danielle Dunn
Source MLS Verified
Last Updated: August - 11 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.