416 4th St
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416 4th St
21,153 SF Office Building Ann Arbor, MI 48103 £2,582,085 (£122/SF)
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.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
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| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
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| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
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| Annual | $99,999 |
| Annual Per SF | $9.99 |
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
£2,582,085
Price Per SF
£122
Tenancy
Single
Number of Floors
4
Typical Floor Size
5,288 SF
Slab to Slab
10 ft
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 Route
1 of 1
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Biker's Paradise (90)
1 of 4
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416 4th St
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