416 4th St | Ann Arbor, MI 48103
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416 4th St
Ann Arbor, MI 48103
Office Property For Sale
Executive Summary
This 21,153 SF, four-story property on a 0.60-acre parcel offers a rare opportunity for redevelopment in Ann Arbor’s Old West Side Historic District. Surrounded by residential properties, offices, and educational facilities, the site is just a short walk from downtown Ann Arbor. Currently zoned M-1 Limited Industrial, the City of Ann Arbor’s draft future land use designates the property for residential, with support anticipated for rezoning to a residential category or PUD. While the historic designation prevents vertical expansion, the property’s ample parking and fire suppression system make it an ideal candidate for multi-family residential redevelopment.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
21,153 SF
Building Class
C
Year Built
1902
Price
$4,677,651 CAD
Price Per SF
$221 CAD
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
5,288 SF
Slab To Slab
10’
Building FAR
0.75
Lot Size
0.65 AC
Zoning
M1 - Commercial Zoned District
Parking
29 Spaces (1.37 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 of 4
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