Cross Streets: W Liberty at 2nd St
Property Sub-Type: Business Opportunity
Municipality: Ann Arbor
Principal Road: Yes
Ownership Type: Private Owned
Auction or For Sale: For Sale
List Price/SqFt: 300.86
Prop Avail for Lease?: No
Current Bldg Use: Office; Residential
New Construction: No
Lot Dimensions: 0
Road Frontage: 20
Mineral Rights: Unknown
Waterfront: No
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
# Fin Bldg Lvls: 5318
Total SqFt: 5318
Property Use Type: Vacant/Owner-User
School District: Ann Arbor
Lot Measurement: Acres
Lot Acres: 0.18
Lot Square Footage: 7841
Year Built: 1936
Full Baths: 3
Total Baths: 3
Taxable Value: 244284
SEV: 294900
For Tax Year: 2024
Seller's Annual Property Tax: 16461
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: NA
Non-Conforming Use: No
Zoning: D2
Tax ID #: 09-09-29-211-026
Public Remarks: In the heart of Ann Arbor sits this large unassuming mixed-use parcel featuring 2 buildings and ample parking.Building 1- 404 W Liberty is a sprawling 2,650 ft office building with 8 right sized and very private offices. Once used as 'Blue Karaoke', this building is ideal for any industry needing private offices - tech, manufacturing, dental, therapy, architecture, law, you name it. Full kitchen, lounge, 2 bathrooms- all perfect for an office environment. Full basement offers clean, dry storage and potential for additional usable space.Building 2- 406 W Liberty has a large first floor 1,334 ft garage space, suitable for a shop, gym, or workspace. Upstairs is a unique 1,334 ft 2 bedroom 1 bathroom apartment with large living areas, multiple skylights, and balcony overlooking town.
Legal: PRT OF LOTS 11, 12 & 13, BLOCK 2, ASSESSOR'S PLAT NO 3 COM SE COR LOT 11, TH NLY 110 FT FOR POB, TH CONT NLY 73.80....
Fire Alarm: 1
Security System: 1
Business: 1
Investment: 1
Vacant/Owner-User: 1
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Distribution: 1
Institutional: 1
Manufacturing: 1
Professional Service: 1
Professional/Office: 1
Recreation: 1
Retail: 1
Storage: 1
Other: 1
Block: 1
Concrete: 1
Stucco: 1
Aerial Photo: 1
Survey: 1
Other: 1
Cable Available: 1
High Speed Internet: 1
Phone Available: 1
Concrete: 1
Easement: 1
Paved: 1
County: Washtenaw
Street #: 404
Street Direction: W
Street Name: Liberty
Suffix: Street
State: MI
Zip Code: 48103
Zip (4): 4343
Area: Ann Arbor/Washtenaw - A
Status: Active
Current Price: $1,600,000
List Price: $1,600,000
Listing Date: 2025-07-28
Property Use: Business; Investment; Vacant/Owner-User
SqFt Information: Fire Alarm; Security System
Uses: Distribution; Institutional; Manufacturing; Professional Service; Professional/Office; Recreation; Retail; Storage; Other
Ownership: LLC
Business Includes: Real Estate
Construction Type: Block; Concrete
Exterior Material: Block; Concrete; Stucco
Roofing: Composition; Rubber
Foundation: Block
Below Grade: Basement; Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Cable Available; High Speed Internet; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Concrete; Easement; Paved
Street Type: Paved
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo; Survey; Other
Sale Conditions: None
Possession: Close Of Escrow